Endeavor Group Holdings Inc’s recent filing unveils that its Chief Financial Officer Lublin Jason unloaded Company’s shares for reported $0.51 million on Mar 12 ’24. In the deal valued at $24.71 per share,20,832 shares were sold. As a result of this transaction, Lublin Jason now holds 130,187 shares worth roughly $3.46 million.
Then, SHAPIRO MARK S sold 22,805 shares, generating $550,837 in total proceeds. Upon selling the shares at $24.15, the insider now owns 102,966 shares.
Before that, Lublin Jason sold 18,525 shares. Endeavor Group Holdings Inc shares valued at $447,407 were divested by the Chief Financial Officer at a price of $24.15 per share. As a result of the transaction, Lublin Jason now holds 130,187 shares, worth roughly $3.46 million.
TD Cowen initiated its Endeavor Group Holdings Inc [EDR] rating to an Outperform in a research note published on September 12, 2023; the price target was $28. A number of analysts have revised their coverage, including Guggenheim’s analysts, who began to cover the stock in early May with a ‘”a Buy”‘ rating. Seaport Research Partners began covering EDR with “Buy” recommendation on April 24, 2023. BofA Securities started covering the stock on August 04, 2022. It rated EDR as “a Buy”.
Price Performance Review of EDR
On Monday, Endeavor Group Holdings Inc [NYSE:EDR] saw its stock jump 0.68% to $26.55. Over the last five days, the stock has gained 4.98%. Endeavor Group Holdings Inc shares have risen nearly 11.88% since the year began. Nevertheless, the stocks have risen 20.68% over the past one year. While a 52-week high of $26.55 was reached on 04/08/24, a 52-week low of $17.65 was recorded on 01/04/24. SMA at 50 days reached $24.82, while 200 days put it at $23.39. A total of 3.73 million shares were traded, compared to the trading of 42.09 million shares in the previous session.
Levels Of Support And Resistance For EDR Stock
The 24-hour chart illustrates a support level at 26.42, which if violated will result in even more drops to 26.30. On the upside, there is a resistance level at 26.65. A further resistance level may holdings at 26.76. The Relative Strength Index (RSI) on the 14-day chart is 67.70, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 0.70, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bullish at 3.60%. Stochastics %K at 94.82% indicates the stock is a selling.
How much short interest is there in Endeavor Group Holdings Inc?
A steep rise in short interest was recorded in Endeavor Group Holdings Inc stocks on Mar 15, 2024, growing by 0.93 million shares to a total of 8.51 million shares. Yahoo Finance data shows the prior-month short interest on Feb 15, 2024 was 7.58 million shares. There was a rise of 10.93%, which implies that there is a positive sentiment for the stock. In spite of short shares comprising just 11.18% of the overall stock float, the days-to-cover ratio (short ratio) rose to 2.64.
