Acushnet Holdings Corp’s filing revealed that its Director FILA Holdings Corp. unloaded Company’s shares for reported $71.25 million on Aug 09 ’24. In the deal valued at $64.19 per share,1,110,000 shares were sold. As a result of this transaction, FILA Holdings Corp. now holds 31,412,966 shares worth roughly $2.09 billion.
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Then, Lee Ho Yeon (Aaron) sold 1,110,000 shares, generating $71,253,786 in total proceeds. Upon selling the shares at $64.19, the Director now owns 31,412,966 shares.
Before that, Yoon Keun Chang Kevin sold 1,110,000 shares. Acushnet Holdings Corp shares valued at $71,253,786 were divested by the Director at a price of $64.19 per share. As a result of the transaction, Yoon Keun Chang Kevin now holds 31,412,966 shares, worth roughly $2.09 billion.
Compass Point upgraded its Acushnet Holdings Corp [GOLF] rating to a Buy from a a Neutral in a research note published recently. Jefferies also remained covering GOLF and has increased its forecast on August 21, 2023 with a “Buy” recommendation from previously “Hold” rating. KeyBanc Capital Markets started covering the stock on April 19, 2023. It rated GOLF as “an Overweight”.
Price Performance Review of GOLF
On Tuesday, Acushnet Holdings Corp [NYSE:GOLF] saw its stock fall -0.08% to $66.52. Over the last five days, the stock has gained 1.20%. Acushnet Holdings Corp shares have risen nearly 5.30% since the year began. Nevertheless, the stocks have risen 15.69% over the past one year. While a 52-week high of $74.77 was reached on 07/31/24, a 52-week low of $49.42 was recorded on 07/09/24. SMA at 50 days reached $66.29, while 200 days put it at $63.80.
Levels Of Support And Resistance For GOLF Stock
The 24-hour chart illustrates a support level at 65.89, which if violated will result in even more drops to 65.26. On the upside, there is a resistance level at 67.15. A further resistance level may holdings at 67.79. The Relative Strength Index (RSI) on the 14-day chart is 48.05, 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 low at 67.39%. Stochastics%K at 42.50% indicates the stock is a holding.
How much short interest is there in Acushnet Holdings Corp?
A steep rise in short interest was recorded in Acushnet Holdings Corp stocks on 2024-07-31, growing by 0.17 million shares to a total of 5.25 million shares. Yahoo Finance data shows the prior-month short interest on 2024-06-28 was 5.08 million shares. There was a rise of 3.15%, which implies that there is a positive sentiment for the stock.
