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Investing in GoodRx Holdings Inc (GDRX): What You Must Know

GoodRx Holdings Inc’s recent filing unveils that its Director Bradley Julie MB acquired Company’s shares for reported $0.47 million on Dec 02 ’24. In the deal valued at $4.95 per share,95,255 shares were bought.

Then, Spectrum Equity VII, L.P. sold 10,677 shares, generating $83,922 in total proceeds. Upon selling the shares at $7.86, the 10% Owner now owns 0 shares.

Before that, Spectrum VII Investment Manage bought 6,828 shares. GoodRx Holdings Inc shares valued at $53,668 were divested by the Affiliate at a price of $7.86 per share.

Mizuho initiated its GoodRx Holdings Inc [GDRX] rating to a Neutral in a research note published on December 04, 2024; the price target was $5. A number of analysts have revised their coverage, including Raymond James’s analysts, who increased its forecast for the stock in early August from “an Outperform” to “a Strong buy”. RBC Capital Mkts also remained covering GDRX and has increased its forecast on May 23, 2024 with a “an Outperform” recommendation from previously “Sector perform” rating. Raymond James revised its rating on May 16, 2024. It rated GDRX as “an Outperform” which previously was an “a Mkt perform”.

Price Performance Review of GDRX

On Tuesday, GoodRx Holdings Inc [NASDAQ:GDRX] saw its stock fall -1.66% to $4.15. Over the last five days, the stock has lost -8.59%. GoodRx Holdings Inc shares have fallen nearly -10.75% since the year began. Nevertheless, the stocks have fallen -36.83% over the past one year. While a 52-week high of $9.26 was reached on 01/02/25, a 52-week low of $4.09 was recorded on 01/13/25. SMA at 50 days reached $4.76, while 200 days put it at $6.82.

Levels Of Support And Resistance For GDRX Stock

The 24-hour chart illustrates a support level at 4.09, which if violated will result in even more drops to 4.04. On the upside, there is a resistance level at 4.24. A further resistance level may holdings at 4.33. The Relative Strength Index (RSI) on the 14-day chart is 36.78, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -0.16, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 94.49%. Stochastics %K at 28.45% indicates the stock is a holding.

How much short interest is there in GoodRx Holdings Inc?

A steep rise in short interest was recorded in GoodRx Holdings Inc stocks on 2024-12-31, growing by 33459.0 shares to a total of 7.47 million shares. Yahoo Finance data shows the prior-month short interest on 2024-11-29 was 7.44 million shares. There was a rise of 0.45%, which implies that there is a positive sentiment for the stock.

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