Grindr Inc’s filing revealed that its Director NATHAN RICHARDSON acquired Company’s shares for reported $55860.0 on Feb 14 ’25. In the deal valued at $18.62 per share,3,000 shares were bought.
Then, Katz Zachary sold 3,057 shares, generating $55,026 in total proceeds. Upon selling the shares at $18.00, the GC and Head of Global Affairs now owns 577,549 shares.
Before that, 28th Street Ventures LLC bought 84,964 shares. Grindr Inc shares valued at $552,266 were divested by the Director at a price of $6.50 per share.
Goldman initiated its Grindr Inc [GRND] rating to a Buy in a research note published on December 16, 2024; the price target was $20. A number of analysts have revised their coverage, including Raymond James’s analysts, who remained covering the stock and in late June has reiterated a ‘”an Outperform”‘ rating for it. JMP Securities also remained covering GRND and reiterated its “Mkt outperform” recommendation on June 27, 2024. Raymond James started covering the stock on April 04, 2024. It rated GRND as “an Outperform”.
Price Performance Review of GRND
On Tuesday, Grindr Inc [NYSE:GRND] saw its stock jump 1.48% to $18.53. Over the last five days, the stock has gained 3.17%. Grindr Inc shares have risen nearly 3.87% since the year began. Nevertheless, the stocks have risen 129.90% over the past one year. While a 52-week high of $18.70 was reached on 02/13/25, a 52-week low of $7.93 was recorded on 01/13/25. SMA at 50 days reached $17.29, while 200 days put it at $13.22.
Levels Of Support And Resistance For GRND Stock
The 24-hour chart illustrates a support level at 18.20, which if violated will result in even more drops to 17.87. On the upside, there is a resistance level at 18.75. A further resistance level may holdings at 18.97. The Relative Strength Index (RSI) on the 14-day chart is 62.74, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 0.33, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bullish at 16.04%. Stochastics %K at 66.98% indicates the stock is a holding.
The most recent change occurred on April 02, 2024 when JMP Securities began covering the stock and recommended ‘”a Mkt outperform”‘ rating along with a $14 price target.
