In a filing, Endeavor Group Holdings Inc revealed its Chief Executive Officer Emanuel Ariel unloaded Company’s shares for reported $1.4 million on Oct 08 ’24. In the deal valued at $29.04 per share,48,176 shares were sold. As a result of this transaction, Emanuel Ariel now holds 1,831,247 shares worth roughly $52.9 million.
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Then, Ariel Z. Emanuel bought 48,176 shares, generating $1,401,440 in total proceeds.
Before that, Emanuel Ariel sold 149,280 shares. Endeavor Group Holdings Inc shares valued at $4,194,320 were divested by the Chief Executive Officer at a price of $28.10 per share. As a result of the transaction, Emanuel Ariel now holds 1,831,247 shares, worth roughly $52.9 million.
Citigroup downgraded its Endeavor Group Holdings Inc [EDR] rating to a Neutral from a a Buy in a research note published recently. A number of analysts have revised their coverage, including TD Cowen’s analysts, who began to cover the stock in mid September with a ‘”an Outperform”‘ rating. Guggenheim began covering EDR with “Buy” recommendation on May 01, 2023. Seaport Research Partners started covering the stock on April 24, 2023. It rated EDR as “a Buy”.
Price Performance Review of EDR
On Friday, Endeavor Group Holdings Inc [NYSE:EDR] saw its stock jump 0.45% to $28.89. Over the last five days, the stock has lost -1.90%. Endeavor Group Holdings Inc shares have risen nearly 21.74% since the year began. Nevertheless, the stocks have risen 63.04% over the past one year. While a 52-week high of $29.54 was reached on 10/18/24, a 52-week low of $17.67 was recorded on 01/04/24. SMA at 50 days reached $28.23, while 200 days put it at $26.57.
Levels Of Support And Resistance For EDR Stock
The 24-hour chart illustrates a support level at 28.66, which if violated will result in even more drops to 28.44. On the upside, there is a resistance level at 29.03. A further resistance level may holdings at 29.18. The Relative Strength Index (RSI) on the 14-day chart is 52.17, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -0.27, which suggests price will go down in the next trading period. Percent R suggests that price movement has been low at 65.66%. Stochastics %K at 34.94% indicates the stock is a holding.
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 2024-10-15, dropping by -1.8 million shares to a total of 14.34 million shares. Yahoo Finance data shows the prior-month short interest on 2024-09-13 was 16.13 million shares. There was a decline of -12.55%, which implies that there is a negative sentiment for the stock.
The most recent change occurred on August 04, 2022 when BofA Securities began covering the stock and recommended ‘”a Buy”‘ rating along with a $28 price target.
