World Wrestling Entertainment, Inc. (NYSE:WWE) went up to recover about 29.15% since recording its record low price of $58.5. The stock experienced 3.52% jump, arriving at $75.55 on 6/13/2019. During the day, the stock price traveled from $72.01 to $76.26. This company shares are 37.13% off its target price of $103.6 and the current market capitalization stands at $5.91B. The recent change has given its price a -9.72% deficit over SMA 50 and -24.79% deficit over its 52-week high. The stock witnessed -5.55% declines, -16.64% declines and 0.15% gains for the 1-month, 3-month and 6-month period, respectively. To measure price-variation, we found WWE’s volatility during a week at 3.13% and during a month it has been found around 2.9%.

World Wrestling Entertainment, Inc. (WWE) Top Holders

Institutional investors currently hold around $3.89 billion or 0% in WWE stock. Look at its top three institutional owners: Lindsell Train Ltd owns $435.19 million in World Wrestling Entertainment, Inc., which represents roughly 7.36% of the company’s market cap and approximately 11.2% of the institutional ownership. Similar statistics are true for the second largest owner, Blackrock Inc., which owns 5,104,886 shares of the stock are valued at $372.56 million. The third largest holder is Vanguard Group Inc, which currently holds $361.41 million worth of this stock and that ownership represents nearly 6.12% of its market capitalization.

World Wrestling Entertainment, Inc. 13F Filings

At the end of March reporting period, 192 institutional holders increased their position in World Wrestling Entertainment, Inc. (NYSE:WWE) by some 9,885,103 shares, 104 decreased positions by 5,993,184 and 48 held positions by 37,348,664. That puts total institutional holdings at 53,226,951 shares, according to SEC filings. The stock grabbed 81 new institutional investments totaling 3,795,289 shares while 28 institutional investors sold out their entire positions totaling 1,247,200 shares.

World Wrestling Entertainment, Inc. (NYSE:WWE) Insider Trades

Multiple company employees have indulged in significant insider trading. World Wrestling Entertainment, Inc. disclosed in a document filed with the US Securities and Exchange Commission (SEC) that CEO, 10% Owner MCMAHON VINCENT K has sold 3,204,427 shares of World Wrestling Entertainment, Inc. (WWE) in the trading session dated Mar. 27, 2019. These shares are worth $261,000,579 and were traded at $81.45 each. The SEC filing shows that Barrios George A. performed a sale of 40,000 shares. The Co-President disposed these shares by way of transaction on Feb. 27, 2019. The company’s shares were given away at $83.8 per share worth to an income of some $3,352,000 to the account of Barrios George A..

Co-President, Barrios George A., sold 60,000 common shares of World Wrestling Entertainment, Inc. (WWE) in the open market. In a transaction dated Jan. 28, 2019, the shares were put up for sale at an average price of $81.52, raking in a sum of $4,891,200. After this sale, 285,514 common shares of WWE are directly owned by the insider, with total stake valued at $21,570,583.

In the transaction dated Dec. 27, 2018, a great number of shares sold came courtesy the Co-President; Barrios George A. disposed a total of 37,500 shares at an average price of $70.61, amounting to approximately $2,647,875. The insider now directly owns 345,322 shares worth $26,089,077.

World Wrestling Entertainment, Inc. (WWE) Analyst Guide

Several analysts have released their opinion on World Wrestling Entertainment, Inc. (NYSE:WWE), with 4 analysts believing it is a strong buy. Whereas 3 of them predict the stock is a hold. Also, there are 5 buy, 0 sell and 0 strong sell ratings, collectively assigning a 1.92 average brokerage recommendation [T1].