Mr. Cooper Group Inc’s filing revealed that its Chief Executive Officer Bray Jesse K unloaded Company’s shares for reported $3.08 million on Feb 03 ’25. In the deal valued at $102.60 per share,30,000 shares were sold. As a result of this transaction, Bray Jesse K now holds 728,821 shares worth roughly $80.54 million.
Then, Bray Jesse K sold 30,000 shares, generating $2,834,700 in total proceeds. Upon selling the shares at $94.49, the Chief Executive Officer now owns 758,821 shares.
Before that, Jesse K. Bray bought 120,000 shares. Mr. Cooper Group Inc shares valued at $11,635,200 were divested by the Director at a price of $96.96 per share.
JMP Securities initiated its Mr. Cooper Group Inc [COOP] rating to a Mkt outperform in a research note published on January 14, 2025; the price target was $115. A number of analysts have revised their coverage, including Keefe Bruyette’s analysts, who decreased its forecast for the stock in late July from “an Outperform” to “a Mkt perform”. Deutsche Bank began covering COOP with “Buy” recommendation on January 10, 2024. UBS started covering the stock on December 06, 2023. It rated COOP as “a Buy”.
Price Performance Review of COOP
On Friday, Mr. Cooper Group Inc [NASDAQ:COOP] saw its stock jump 1.25% to $110.51. Over the last five days, the stock has gained 1.70%. Mr. Cooper Group Inc shares have risen nearly 15.10% since the year began. Nevertheless, the stocks have risen 51.74% over the past one year. While a 52-week high of $109.72 was reached on 02/21/25, a 52-week low of $70.01 was recorded on 01/13/25. SMA at 50 days reached $100.44, while 200 days put it at $91.88.
Levels Of Support And Resistance For COOP Stock
The 24-hour chart illustrates a support level at 108.76, which if violated will result in even more drops to 107.00. On the upside, there is a resistance level at 111.62. A further resistance level may holdings at 112.72. The Relative Strength Index (RSI) on the 14-day chart is 69.45, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 2.56, which suggests price will go up in the next trading period. Percent R suggests that price movement has been bullish at 4.18%. Stochastics %K at 93.12% indicates the stock is a selling.
The most recent change occurred on November 15, 2023 when Barclays began covering the stock and recommended ‘”an Overweight”‘ rating along with a $74 price target.
