Beyond market averages, investors seeking exceptional growth focus on the art of stock selection. The right picks can significantly contribute to the expansion of your wealth.
As of close of business last night, Wolfspeed Inc’s stock clocked out at $4.08, down -8.52% from its previous closing price of $4.46. In other words, the price has decreased by -$8.52 from its previous closing price. On the day, 38.78 million shares were traded.
Ratios:
To gain a deeper understanding of WOLF’s stock, we examine its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 2.47 and its Current Ratio is at 3.15. In the meantime, Its Debt-to-Equity ratio is 17.65 whereas as Long-Term Debt/Eq ratio is at 17.62.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for the company, Mizuho on October 03, 2024, Downgraded its rating to Underperform and sets its target price to $8 from $17 previously.
On August 22, 2024, TD Cowen reiterated its Hold rating and also upped its target price recommendation from $25 to $15.
Goldman reiterated its Buy rating for the stock on August 22, 2024, while the target price for the stock was revised from $48 to $28.
Insider Transactions:
Investing in insider trades can also provide an investor with insight into how management views future stock prices. A recent insider transaction in this stock occurred on Apr 28 ’25 when Reynolds Neill sold 13,909 shares for $3.99 per share. The transaction valued at 55,497 led to the insider holds 195,257 shares of the business.
NEILL P REYNOLDS bought 13,909 shares of WOLF for $55,497 on Apr 28 ’25. On Nov 22 ’24, another insider, Dorchak Glenda, who serves as the Director of the company, bought 3,592 shares for $8.33 each. As a result, the insider paid 29,921 and bolstered with 18,688 shares of the company.
Valuation Measures:
For the stock, the TTM Price-to-Sale (P/S) ratio is 0.82 while its Price-to-Book (P/B) ratio in mrq is 1.52.
Stock Price History:
Over the past 52 weeks, WOLF has reached a high of $30.86, while it has fallen to a 52-week low of $2.06. The 50-Day Moving Average of the stock is -3.37%, while the 200-Day Moving Average is calculated to be -52.72%.
Shares Statistics:
A total of 155.57M shares are outstanding, with a floating share count of 154.06M. Insiders hold about 0.97% of the company’s shares, while institutions hold 93.58% stake in the company.
