SoFi stock falls after announcing $1.5B public offering of common stock
Director Nicholas T. Long of Wolverine World Wide Inc (NYSE:WWW) recently purchased 2,000 shares of the company’s common stock. The purchases, executed on November 7, 2025, were made at a weighted average price of $15.88, resulting in a total transaction value of $31,760.
The price paid for the shares ranged from $15.74 to $16.02. Following the transaction, Long directly owns 78,268 shares of Wolverine World Wide.
In other recent news, Wolverine World Wide reported third-quarter revenue of $470.3 million, surpassing both Stifel’s estimate of $466.6 million and the consensus forecast of $462.6 million. The company’s Active Brands segment showed notable growth, with Saucony and Merrell brands increasing by 24.9% and 3.5%, respectively, despite an 8.2% decline in the Wolverine brand. Following these results, Stifel reaffirmed its Buy rating with a $36.00 price target. KeyBanc also maintained an Overweight rating but lowered its price target to $24.00, citing a solid performance in the latest earnings report. Similarly, UBS reduced its price target to $28.00 while maintaining a Buy rating, expressing confidence in Wolverine’s investment strategy for its Active brands. Wolverine World Wide also announced the appointment of Justin Cupps as President of its Work Group, overseeing several work footwear brands. Additionally, the company declared a quarterly cash dividend of $0.10 per share, consistent with previous payments. These developments reflect ongoing strategic adjustments and financial performance updates for the company.
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