The buying and selling of stock by a company’s insider give investors a sense that the stock will rise or fall in the future. Endeavor Group Holdings Inc shares valued at $17,966,446 were purchased by Whitesell Patrick on Jan 17 ’25. At $143.06 per share, Whitesell Patrick acquired 125,589 shares. The insider’s holdings grew to 807,376 shares worth approximately $24.95 million following the completion of this transaction.
Also, Whitesell Patrick purchased 115,952 shares, netting a total of over 16,679,773 in proceeds. Following the buying of shares at $143.85 each, the insider now holds 1,031,804 shares.
Before that, Whitesell Patrick had added 108,476 shares to its account. In a trade valued at $15,635,121, the 10% Owner bought Endeavor Group Holdings Inc shares for $144.13 each. Upon closing the transaction, the insider’s holdings increased to 108,476 shares, worth approximately $28.3 million.
As published in a research note from Citigroup on April 15, 2024, Endeavor Group Holdings Inc [EDR] has been rated down from a Buy to a Neutral and the price target has been revised to $27.50. Analysts at TD Cowen started covering the stock with ‘”an Outperform”‘ outlook in a report released in mid September. As of May 01, 2023, Guggenheim has initiated its “Buy” rating for EDR. Earlier on April 24, 2023, Seaport Research Partners initiated its rating. Their recommendation was “a Buy” for EDR stock.
Analyzing EDR Stock Performance
During the last five days, there has been a surge of approximately 1.91%. Over the course of the year, Endeavor Group Holdings Inc shares have dropped approximately -1.25%. Shares of the company reached a 52-week high of $31.49 on 01/02/25 and a 52-week low of $29.19 on 01/22/25. A 50-day SMA is recorded $30.35, while a 200-day SMA reached $28.19. Nevertheless, trading volume fell to 8.36 million shares from 9.5 million shares the previous day.
Support And Resistance Levels for Endeavor Group Holdings Inc (EDR)
According to the 24-hour chart, there is a support level at 29.98, which, if violated, would cause prices to drop to 29.07. In the upper region, resistance lies at 31.53. The next price resistance is at 32.17. RSI (Relative Strength Index) is 53.70 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at -0.33, which suggests the price will decrease in the coming days. Percent R is at 25.66%, indicating bullish price movement. Stochastics %K at holding indicates that the stock is to be held.
