Investors can speculate about the future of a stock by watching how its insiders buy and sell stocks. Mr. Cooper Group Inc shares valued at $3,078,000 were sold by Bray Jesse K on Feb 03 ’25. At $102.60 per share, Bray Jesse K sold 30,000 shares. The insider’s holdings dropped to 728,821 shares worth approximately $80.75 million following the completion of this transaction.
Also, Bray Jesse K sold 30,000 shares, netting a total of over 2,834,700 in proceeds. Following the sale of shares at $94.49 each, the insider now holds 758,821 shares.
Before that, Jesse K. Bray had added 120,000 shares to its account. In a trade valued at $11,635,200, the Director bought Mr. Cooper Group Inc shares for $96.96 each.
As published in their initiating research note from JMP Securities on January 14, 2025, Mr. Cooper Group Inc [COOP] has been a Mkt outperform and the price target has been revised to $115. Analysts at Keefe Bruyette downgraded the stock from ‘”an Outperform”‘ to ‘”a Mkt perform”‘ outlook in a report released in late July. As of January 10, 2024, Deutsche Bank has initiated its “Buy” rating for COOP. Earlier on December 06, 2023, UBS initiated its rating. Their recommendation was “a Buy” for COOP stock.
Analyzing COOP Stock Performance
During the last five days, there has been a surge of approximately 1.93%. Over the course of the year, Mr. Cooper Group Inc shares have jumped approximately 15.39%. Shares of the company reached a 52-week high of $112.50 on 02/25/25 and a 52-week low of $89.70 on 01/13/25. A 50-day SMA is recorded $101.33, while a 200-day SMA reached $92.32. Nevertheless, trading volume fell to 0.59 million shares from 0.85 million shares the previous day.
Support And Resistance Levels for Mr. Cooper Group Inc (COOP)
According to the 24-hour chart, there is a support level at 109.81, which, if violated, would cause prices to drop to 108.84. In the upper region, resistance lies at 112.04. The next price resistance is at 113.30. RSI (Relative Strength Index) is 67.56 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at 2.20, which suggests the price will increase in the coming days. Percent R is at 13.71%, indicating bullish price movement. Stochastics %K at selling indicates that the stock is to be held.
