In a filing, Acushnet Holdings Corp revealed its President – FootJoy Lindner Christopher Aaron unloaded Company’s shares for reported $0.37 million on Nov 25 ’24. In the deal valued at $73.91 per share,5,000 shares were sold. As a result of this transaction, Lindner Christopher Aaron now holds 88,710 shares worth roughly $6.08 million.
Then, Lindner Christopher Aaron bought 5,000 shares, generating $369,533 in total proceeds.
Before that, Maher David Eugene sold 13,936 shares. Acushnet Holdings Corp shares valued at $966,502 were divested by the President and CEO at a price of $69.35 per share. As a result of the transaction, Maher David Eugene now holds 817,341 shares, worth roughly $56.02 million.
JP Morgan downgraded its Acushnet Holdings Corp [GOLF] rating to an Underweight from a a Neutral in a research note published on January 23, 2025; the price target was decreased to $64 from $69. A number of analysts have revised their coverage, including Jefferies’s analysts, who decreased its forecast for the stock in mid September from “a Buy” to “a Hold”. Compass Point also remained covering GOLF and has increased its forecast on October 30, 2023 with a “Buy” recommendation from previously “Neutral” rating.
Price Performance Review of GOLF
On Tuesday, Acushnet Holdings Corp [NYSE:GOLF] saw its stock jump 7.38% to $68.54. Over the last five days, the stock has gained 5.58%. Acushnet Holdings Corp shares have fallen nearly -3.57% since the year began. Nevertheless, the stocks have risen 4.40% over the past one year. While a 52-week high of $76.65 was reached on 01/22/25, a 52-week low of $58.54 was recorded on 02/03/25. SMA at 50 days reached $70.84, while 200 days put it at $66.60.
Levels Of Support And Resistance For GOLF Stock
The 24-hour chart illustrates a support level at 66.80, which if violated will result in even more drops to 65.06. On the upside, there is a resistance level at 71.36. A further resistance level may holdings at 74.18. The Relative Strength Index (RSI) on the 14-day chart is 51.04, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -0.46, which suggests price will go down in the next trading period. Percent R suggests that price movement has been low at 42.95%. Stochastics %K at 23.23% indicates the stock is a holding.
How much short interest is there in Acushnet Holdings Corp?
A steep rise in short interest was recorded in Acushnet Holdings Corp stocks on 2025-01-31, growing by 4207.0 shares to a total of 3.89 million shares. Yahoo Finance data shows the prior-month short interest on 2024-12-31 was 3.89 million shares. There was a rise of 0.11%, which implies that there is a positive sentiment for the stock.
