Global Payments, Inc’s recent filing unveils that its Chief Administrative Officer Green David Lawrence unloaded Company’s shares for reported $3.27 million on Oct 31 ’24. In the deal valued at $104.55 per share,31,291 shares were sold. As a result of this transaction, Green David Lawrence now holds 66,225 shares worth roughly $6.92 million.
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
Then, Green David Lawrence bought 31,291 shares, generating $3,271,571 in total proceeds.
Before that, SHEFFIELD DAVID M sold 1,651 shares. Global Payments, Inc shares valued at $166,305 were divested by the EVP, Chief Accounting Officer at a price of $100.73 per share. As a result of the transaction, SHEFFIELD DAVID M now holds 20,531 shares, worth roughly $2.14 million.
Bernstein downgraded its Global Payments, Inc [GPN] rating to a Mkt perform from a an Outperform in a research note published on October 22, 2024; the price target was decreased to $112 from $135. Monness Crespi & Hardt also remained covering GPN and reiterated its “Buy” recommendation on September 25, 2024. B. Riley Securities maintained its rating on September 25, 2024. It rated GPN as “a Buy”.
Price Performance Review of GPN
On Friday, Global Payments, Inc [NYSE:GPN] saw its stock jump 0.70% to $104.44. Over the last five days, the stock has gained 5.36%. Global Payments, Inc shares have fallen nearly -17.76% since the year began. Nevertheless, the stocks have fallen -4.20% over the past one year. While a 52-week high of $141.77 was reached on 02/15/24, a 52-week low of $91.60 was recorded on 06/18/24. SMA at 50 days reached $104.59, while 200 days put it at $112.56.
Levels Of Support And Resistance For GPN Stock
The 24-hour chart illustrates a support level at 103.17, which if violated will result in even more drops to 101.90. On the upside, there is a resistance level at 105.55. A further resistance level may holdings at 106.66. The Relative Strength Index (RSI) on the 14-day chart is 56.47, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 2.50, which suggests price will go up in the next trading period. Percent R suggests that price movement has been bullish at 15.15%. Stochastics %K at 82.58% indicates the stock is a selling.
How much short interest is there in Global Payments, Inc?
A steep rise in short interest was recorded in Global Payments, Inc stocks on 2024-10-15, dropping by -0.89 million shares to a total of 6.64 million shares. Yahoo Finance data shows the prior-month short interest on 2024-09-13 was 7.53 million shares. There was a decline of -13.38%, which implies that there is a negative sentiment for the stock.
