Endeavor Group Holdings Inc’s recent filing unveils that its 10% Owner Whitesell Patrick acquired Company’s shares for reported $27.47 million on Feb 11 ’25. In the deal valued at $175.60 per share,156,446 shares were bought. As a result of this transaction, Whitesell Patrick now holds 2,461,668 shares worth roughly $ 86.58 million.
Then, Whitesell Patrick bought 117,769 shares, generating $20,656,778 in total proceeds. Upon buying the shares at $175.40, the 10% Owner now owns 2,579,437 shares.
Before that, Whitesell Patrick bought 116,256 shares. Endeavor Group Holdings Inc shares valued at $19,999,576 were divested by the 10% Owner at a price of $172.03 per share. As a result of the transaction, Whitesell Patrick now holds 2,305,222 shares, worth roughly $81.07 million.
Seaport Research Partners downgraded its Endeavor Group Holdings Inc [EDR] rating to a Sell from a a Neutral in a research note published recently. A number of analysts have revised their coverage, including Citigroup’s analysts, who decreased its forecast for the stock in mid April from “a Buy” to “a Neutral”. TD Cowen began covering EDR with “an Outperform” recommendation on September 12, 2023. Guggenheim started covering the stock on May 01, 2023. It rated EDR as “a Buy”.
Price Performance Review of EDR
On Friday, Endeavor Group Holdings Inc [NYSE:EDR] saw its stock fall -0.93% to $35.17. Over the last five days, the stock has gained 8.08%. Endeavor Group Holdings Inc shares have risen nearly 12.40% since the year began. Nevertheless, the stocks have risen 46.24% over the past one year. While a 52-week high of $35.89 was reached on 02/14/25, a 52-week low of $23.14 was recorded on 01/22/25. SMA at 50 days reached $31.24, while 200 days put it at $28.66.
Levels Of Support And Resistance For EDR Stock
The 24-hour chart illustrates a support level at 34.88, which if violated will result in even more drops to 34.60. On the upside, there is a resistance level at 35.72. A further resistance level may holdings at 36.28. The Relative Strength Index (RSI) on the 14-day chart is 73.90, which indicates overbought technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 2.82, which suggests price will go up in the next trading period. Percent R suggests that price movement has been bullish at 12.75%. Stochastics %K at 93.63% 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 2025-01-31, dropping by -2.75 million shares to a total of 4.89 million shares. Yahoo Finance data shows the prior-month short interest on 2024-12-31 was 7.64 million shares. There was a decline of -56.32%, which implies that there is a negative sentiment for the stock.
The most recent change occurred on April 24, 2023 when Seaport Research Partners began covering the stock and recommended ‘”a Buy”‘ rating along with a $30 price target.
