World Wrestling Entertainment (WWE) has an average broker rating of 1.67, which is interpreted as a Buy, as rated by 3 equity analysts. Nonetheless, 2 analysts are positive on the stocks future and they recommend a Strong Buy on the stock. Nevertheless, the majority of 1 analysts consider that the stock is a Hold with neither a large upside nor a downside. Ranking by Zacks Investment Research for Coach Inc is 2, which is also a Buy.
For the current week, the company shares have a recommendation consensus of Buy. World Wrestling Entertainment (NYSE:WWE): During Thursdays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $20.43 and $20.43 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $21.00. The buying momentum continued till the end and the stock did not give up its gains. It closed at $20.90, notching a gain of 2.60% for the day. The total traded volume was 633,972 . The stock had closed at $20.37 on the previous day.
In a related news, The officer (Executive Producer & Chief Glo), of World Wrestling Entertainmentinc, Dunn Kevin had unloaded 40,000 shares at $18.02 per share in a transaction on June 7, 2016. The total value of transaction was $720,800. The Insider information was revealed by the Securities and Exchange Commission in a Form 4 filing.
World Wrestling Entertainment, Inc. (WWE) is a media and entertainment company. The Company is involved in the sports entertainment business. The Company develops content through network, television, online and its live events. The Company operates in 10 segments: Network, Television, Home Entertainment, Digital Media, Live Events, Licensing, Venue Merchandise, WWEShop, WWE Studios, and Corporate and Other. Its network segment includes its pay-per-view business. Its WWE Network is available approximately in 170 countries and territories. The Companys television programs are viewed in over 170 countries and 35 languages across the world. The Companys home entertainment titles are sold through retailers, as well as subscription and transactional on-demand outlets. WWE also markets and distributes content and digital products, and sells online advertising. WWEs venue merchandise segment is involved in designing, sourcing, marketing and distributing of various branded products.