In a filing, Webtoon Entertainment Inc revealed its insider Kim Junkoo acquired Company’s shares for reported $0.1 million on Mar 20 ’25. In the deal valued at $8.81 per share,11,419 shares were bought. As a result of this transaction, Kim Junkoo now holds 510,231 shares worth roughly $5.09 million.
Then, Kim Junkoo bought 11,372 shares, generating $99,278 in total proceeds. Upon buying the shares at $8.73, the insider now owns 498,812 shares.
Before that, Lee David J. bought 7,205 shares. Webtoon Entertainment Inc shares valued at $64,845 were divested by the insider at a price of $9.00 per share. As a result of the transaction, Lee David J. now holds 291,053 shares, worth roughly $2.9 million.
Citigroup initiated its Webtoon Entertainment Inc [WBTN] rating to a Buy in a research note published on May 15, 2025; the price target was $11. A number of analysts have revised their coverage, including HSBC Securities’s analysts, who began to cover the stock in early September with a ‘”a Buy”‘ rating. Morgan Stanley began covering WBTN with “an Equal-weight” recommendation on July 22, 2024. JP Morgan started covering the stock on July 22, 2024. It rated WBTN as “a Neutral”.
Price Performance Review of WBTN
On Tuesday, Webtoon Entertainment Inc [NASDAQ:WBTN] saw its stock jump 2.67% to $9.98. Over the last five days, the stock has gained 8.71%. Webtoon Entertainment Inc shares have fallen nearly -51.27% since the year began. Nevertheless, the stocks have fallen -26.51% over the past one year. While a 52-week high of $24.19 was reached on 01/06/25, a 52-week low of $6.75 was recorded on 04/07/25.
Levels Of Support And Resistance For WBTN Stock
The 24-hour chart illustrates a support level at 9.78, which if violated will result in even more drops to 9.58. On the upside, there is a resistance level at 10.11. A further resistance level may holdings at 10.23.
How much short interest is there in Webtoon Entertainment Inc?
A steep rise in short interest was recorded in Webtoon Entertainment Inc stocks on 2025-06-30, growing by 0.37 million shares to a total of 3.3 million shares. Yahoo Finance data shows the prior-month short interest on 2025-05-30 was 2.92 million shares. There was a rise of 11.25%, which implies that there is a positive sentiment for the stock.
The most recent change occurred on July 22, 2024 when Goldman began covering the stock and recommended ‘”a Buy”‘ rating along with a $62 price target.
