The buying and selling of stock by a company’s insider give investors a sense that the stock will rise or fall in the future. Wolfspeed Inc shares valued at $55,497 were sold by Reynolds Neill on Apr 28 ’25. At $3.99 per share, Reynolds Neill sold 13,909 shares. The insider’s holdings dropped to 195,257 shares worth approximately $0.75 million following the completion of this transaction.
Also, NEILL P REYNOLDS purchased 13,909 shares, netting a total of over 55,497 in proceeds.
Before that, Dorchak Glenda had added 3,592 shares to its account. In a trade valued at $29,921, the Director bought Wolfspeed Inc shares for $8.33 each. Upon closing the transaction, the insider’s holdings increased to 3,592 shares, worth approximately $71388.16.
As published in a research note from JP Morgan on May 09, 2025, Wolfspeed Inc [WOLF] has been rated down from a Neutral to an Underweight. Analysts at Mizuho downgraded the stock from ‘”a Neutral”‘ to ‘”an Underperform”‘ outlook in a report released in early October. As of August 22, 2024, TD Cowen has reiterated its “Hold” rating for WOLF. Earlier on August 22, 2024, Goldman resumed its rating. Their recommendation was “a Buy” for WOLF stock.
Analyzing WOLF Stock Performance
During the last five days, there has been a drop of approximately -7.06%. Over the course of the year, Wolfspeed Inc shares have dropped approximately -42.64%. Shares of the company reached a 52-week high of $8.06 on 01/06/25 and a 52-week low of $2.06 on 04/11/25. A 50-day SMA is recorded $3.95, while a 200-day SMA reached $8.05.
Support And Resistance Levels for Wolfspeed Inc (WOLF)
According to the 24-hour chart, there is a support level at 3.62, which, if violated, would cause prices to drop to 3.43. In the upper region, resistance lies at 4.04. The next price resistance is at 4.26. RSI (Relative Strength Index) is 52.03 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at -0.14, which suggests the price will decrease in the coming days. Percent R is at 56.48%, indicating low price movement. Stochastics %K at holding indicates that the stock is to be held.
