Wolverine World Wide Directors Make Bold Moves with Major Stock Purchases

Tip Ranks
2025.11.11 02:05
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On November 10, 2025, directors of Wolverine World Wide (WWW) made significant stock purchases, indicating confidence in the company's future. Director Nicholas Long bought 2,000 shares for $31,760, DeMonty Price acquired 25,000 shares for $394,250, and Jack Boyle purchased 6,250 shares for $98,562. Despite strong Q3 results, analysts have lowered price targets due to conservative Q4 guidance and ongoing challenges. Spark's AI Analyst rates WWW as Neutral, citing mixed outlook factors including strong earnings but high leverage and bearish technical indicators.