The Pres, Gl Ops & Heritage Groups of Wolverine World Wide is Exercising Options


Today, the Pres, Gl Ops & Heritage Groups of Wolverine World Wide, Michael Jeppesen, exercised options of Wolverine World Wide for $1.5M.

Following Michael Jeppesen’s last WWW Sell transaction on February 27, 2018, the stock climbed by 1.2%.

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WWW’s market cap is $2.96B and the company has a P/E ratio of 103.37. Currently, Wolverine World Wide has an average volume of 678.5K.

Based on 3 analyst ratings, the analyst consensus is Moderate Buy with an average price target of $33.00, reflecting a -3.2% downside.

The insider sentiment on Wolverine World Wide has been negative according to 55 insider trades in the past three months. This sentiment is lower than the average sentiment of company insiders in this sector.

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Wolverine World Wide, Inc. engages in the designing, manufacturing, licensing and marketing of branded casual, active lifestyle, work, outdoor sport, athletic, children’s and uniform footwear and apparel. It operates through the following segments: Wolverine Outdoor & Lifestyle Group; Wolverine Boston Group; Wolverine Heritage Group; and Wolverine Multi-Brand Group. The Wolverine Outdoor & Lifestyle Group segment brands include Merrell, Cat, Hush Puppies, and Chaco. The Wolverine Boston Group segment brands include Sperry, Saucony, and Keds. The Wolverine Heritage Group segment brands include Wolverine, Bates, Harley-Davidson, and HyTest. The Wolverine Multi-Brand Group segment brands include Stride Rite and its multi-brand consumer-direct businesses. The company was founded by G. A. Krause in 1883 and is headquartered in Rockford, MI.

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