In a report released today, Jeremy Hamblin from Craig-Hallum maintained a Buy rating on Wag! Group (PET – Research Report). The company’s shares closed last Friday at $2.23.
Hamblin covers the Consumer Goods sector, focusing on stocks such as Purple Innovation, Ollie’s Bargain Outlet Holding, and Grocery Outlet Holding. According to TipRanks, Hamblin has an average return of 0.7% and a 43.75% success rate on recommended stocks.
Currently, the analyst consensus on Wag! Group is a Moderate Buy with an average price target of $8.00.
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The company has a one-year high of $13.13 and a one-year low of $1.58. Currently, Wag! Group has an average volume of 150K.
Based on the recent corporate insider activity of 30 insiders, corporate insider sentiment is positive on the stock. This means that over the past quarter there has been an increase of insiders buying their shares of PET in relation to earlier this year. Most recently, in March 2023, Arjomand Maziar, the CTO of PET bought 80,000.00 shares for a total of $7,200.00.
TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.
CHW Acquisition Corp is a blank check company.
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