Grindr Inc’s recently made public that its Director Richardson Nathan unloaded Company’s shares for reported $18580.0 on Feb 14 ’25. In the deal valued at $18.58 per share,1,000 shares were sold. As a result of this transaction, Richardson Nathan now holds 18,642 shares worth roughly $0.35 million.
Then, NATHAN RICHARDSON bought 3,000 shares, generating $55,860 in total proceeds.
Before that, Katz Zachary sold 3,057 shares. Grindr Inc shares valued at $55,026 were divested by the GC and Head of Global Affairs at a price of $18.00 per share. As a result of the transaction, Katz Zachary now holds 577,549 shares, worth roughly $10.74 million.
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 Monday, Grindr Inc [NYSE:GRND] saw its stock jump 1.36% to $18.60. Over the last five days, the stock has lost -2.26%. Grindr Inc shares have risen nearly 4.26% since the year began. Nevertheless, the stocks have risen 124.91% over the past one year. While a 52-week high of $19.20 was reached on 02/25/25, a 52-week low of $7.93 was recorded on 01/13/25. SMA at 50 days reached $17.74, while 200 days put it at $13.58.
Levels Of Support And Resistance For GRND Stock
The 24-hour chart illustrates a support level at 18.36, which if violated will result in even more drops to 18.11. On the upside, there is a resistance level at 18.93. A further resistance level may holdings at 19.27. The Relative Strength Index (RSI) on the 14-day chart is 56.96, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 0.03, which suggests price will go down in the next trading period. Percent R suggests that price movement has been low at 30.77%. Stochastics %K at 54.87% 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.
