Upbound Group Inc’s filing revealed that its Director BROWN JEFFREY J acquired Company’s shares for reported $30404.0 on Apr 22 ’24. In the deal valued at $30.68 per share,991 shares were bought. As a result of this transaction, BROWN JEFFREY J now holds 83,138 shares worth roughly $2.67 million.
Then, Blasquez Anthony J sold 12,485 shares, generating $414,252 in total proceeds. Upon selling the shares at $33.18, the EVP-RAC now owns 58,967 shares.
Before that, Montrone Ralph T. sold 30,000 shares. Upbound Group Inc shares valued at $1,004,400 were divested by the EVP, Acima at a price of $33.48 per share. As a result of the transaction, Montrone Ralph T. now holds 55,074 shares, worth roughly $1.77 million.
TD Cowen initiated its Upbound Group Inc [UPBD] rating to an Outperform in a research note published on March 08, 2024; the price target was $43. A number of analysts have revised their coverage, including Stephens’s analysts, who increased its forecast for the stock in early January from “an Equal-weight” to “an Overweight”.
Price Performance Review of UPBD
On Tuesday, Upbound Group Inc [NASDAQ:UPBD] saw its stock jump 2.42% to $32.12. Over the last five days, the stock has gained 3.58%. Upbound Group Inc shares have fallen nearly -5.45% since the year began. Nevertheless, the stocks have risen 2.51% over the past one year. While a 52-week high of $36.17 was reached on 01/26/24, a 52-week low of $25.00 was recorded on 05/02/24. SMA at 50 days reached $32.74, while 200 days put it at $31.46. A total of 0.36 million shares were traded, compared to the trading of 0.4 million shares in the previous session.
Levels Of Support And Resistance For UPBD Stock
The 24-hour chart illustrates a support level at 31.53, which if violated will result in even more drops to 30.95. On the upside, there is a resistance level at 32.44. A further resistance level may holdings at 32.77. The Relative Strength Index (RSI) on the 14-day chart is 51.60, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 0.06, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bullish at 13.37%. Stochastics %K at 66.18% indicates the stock is a holding.
