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Wendy’s Director Makes a Significant Stock Sale!

New insider activity at Wendy’s ( (WEN) ) has taken place on March 7, 2025.

Confident Investing Starts Here:

Director Kenneth W. Gilbert has recently sold 3,500 shares of Wendy’s stock, amounting to a total transaction value of $52,990.

Recent Updates on WEN stock

In the last 24 hours, Wendy’s stock has experienced several price target adjustments from various analysts. Stifel lowered its price target due to updated projections following Wendy’s Q4 earnings report, citing lower expected comps, higher general and administrative expenses, and increased interest expense assumptions. Similarly, Argus reduced its price target, reflecting concerns over the company’s growth prospects. JPMorgan also adjusted its price target downwards, emphasizing the necessity for improved cash returns from new U.S. units to accelerate growth, despite the stock’s attractive dividend yield. Meanwhile, Citi placed Wendy’s on a ‘positive catalyst watch,’ anticipating that a new product tie-in could reverse traffic and share losses, potentially boosting the stock in the near term. These developments reflect a mixed outlook on Wendy’s future performance, influenced by both strategic initiatives and financial projections.

More about Wendy’s

YTD Price Performance: -6.80%

Average Trading Volume: 4,907,176

Technical Sentiment Consensus Rating: Buy

Current Market Cap: $2.99B

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