Upbound Group Inc’s filing revealed that its Director BROWN JEFFREY J acquired Company’s shares for reported $33245.0 on Jan 07 ’25. In the deal valued at $29.01 per share,1,146 shares were bought. As a result of this transaction, BROWN JEFFREY J now holds 86,380 shares worth roughly $2.61 million.
Then, BROWN JEFFREY J bought 1,065 shares, generating $31,151 in total proceeds. Upon buying the shares at $29.25, the Director now owns 85,234 shares.
Before that, Taylor Transient C sold 15,127 shares. Upbound Group Inc shares valued at $514,318 were divested by the EVP, CHRO at a price of $34.00 per share. As a result of the transaction, Taylor Transient C now holds 14,651 shares, worth roughly $0.44 million.
A number of analysts have revised their coverage, including BTIG Research’s analysts, who began to cover the stock in early June with a ‘”a Buy”‘ rating. TD Cowen began covering UPBD with “an Outperform” recommendation on March 08, 2024. Stephens revised its rating on January 02, 2024. It rated UPBD as “an Overweight” which previously was an “an Equal-weight”.
Price Performance Review of UPBD
On Tuesday, Upbound Group Inc [NASDAQ:UPBD] saw its stock jump 2.16% to $30.27. Over the last five days, the stock has gained 0.93%. Upbound Group Inc shares have risen nearly 3.77% since the year began. Nevertheless, the stocks have fallen -12.97% over the past one year. While a 52-week high of $38.72 was reached on 01/28/25, a 52-week low of $26.50 was recorded on 01/03/25. SMA at 50 days reached $31.36, while 200 days put it at $31.45.
Levels Of Support And Resistance For UPBD Stock
The 24-hour chart illustrates a support level at 29.47, which if violated will result in even more drops to 28.67. On the upside, there is a resistance level at 30.81. A further resistance level may holdings at 31.35. The Relative Strength Index (RSI) on the 14-day chart is 52.70, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 0.29, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bullish at 14.43%. Stochastics %K at 72.71% indicates the stock is a holding.
How much short interest is there in Upbound Group Inc?
A steep rise in short interest was recorded in Upbound Group Inc stocks on 2025-01-15, dropping by -0.18 million shares to a total of 1.84 million shares. Yahoo Finance data shows the prior-month short interest on 2024-12-13 was 2.02 million shares. There was a decline of -9.78%, which implies that there is a negative sentiment for the stock.
