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Analyzing Endeavor Group Holdings Inc (EDR) After Recent Trading Activity

Endeavor Group Holdings Inc’s recent filing unveils that its 10% Owner Whitesell Patrick acquired Company’s shares for reported $35.03 million on Dec 13 ’24. In the deal valued at $142.45 per share,245,887 shares were bought. As a result of this transaction, Whitesell Patrick now holds 1,825,030 shares worth roughly $56.12 million.

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Then, Whitesell Patrick bought 60,208 shares, generating $8,653,439 in total proceeds. Upon buying the shares at $143.73, the 10% Owner now owns 1,734,530 shares.

Before that, Whitesell Patrick bought 31,352 shares. Endeavor Group Holdings Inc shares valued at $4,452,824 were divested by the 10% Owner at a price of $142.03 per share. As a result of the transaction, Whitesell Patrick now holds 1,674,322 shares, worth roughly $51.49 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 0.07% to $30.75. Over the last five days, the stock has gained 1.05%. Endeavor Group Holdings Inc shares have risen nearly 29.58% since the year began. Nevertheless, the stocks have risen 32.43% over the past one year. While a 52-week high of $30.83 was reached on 12/12/24, a 52-week low of $22.75 was recorded on 01/04/24. SMA at 50 days reached $29.53, while 200 days put it at $27.49.

Levels Of Support And Resistance For EDR Stock

The 24-hour chart illustrates a support level at 30.66, which if violated will result in even more drops to 30.56. On the upside, there is a resistance level at 30.81. A further resistance level may holdings at 30.87. The Relative Strength Index (RSI) on the 14-day chart is 78.39, which indicates overbought technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 0.28, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bullish at 6.55%. Stochastics %K at 95.48% 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 2024-11-29, dropping by -2.4 million shares to a total of 11.13 million shares. Yahoo Finance data shows the prior-month short interest on 2024-10-31 was 13.54 million shares. There was a decline of -21.58%, 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.

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