In a filing, Global Payments, Inc revealed its Director BALDWIN ROBERT H B JR acquired Company’s shares for reported $0.67 million on Dec 13 ’24. In the deal valued at $116.00 per share,5,800 shares were bought. As a result of this transaction, BALDWIN ROBERT H B JR now holds 42,738 shares worth roughly $4.4 million.
Then, Carter Andrea M sold 2,366 shares, generating $250,015 in total proceeds. Upon selling the shares at $105.67, the Chief Human Resources Officer now owns 22,078 shares.
Before that, Carter Andrea M bought 2,366 shares. Global Payments, Inc shares valued at $250,006 were divested by the Officer at a price of $105.67 per share.
Stephens downgraded its Global Payments, Inc [GPN] rating to an Equal-weight from a an Overweight in a research note published recently. A number of analysts have revised their coverage, including Goldman’s analysts, who decreased its forecast for the stock in early January from “a Buy” to “a Neutral”. Bernstein also remained covering GPN and has decreased its forecast on October 22, 2024 with a “Mkt perform” recommendation from previously “an Outperform” rating.
Price Performance Review of GPN
On Monday, Global Payments, Inc [NYSE:GPN] saw its stock fall -2.12% to $103.05. Over the last five days, the stock has lost -0.76%. Global Payments, Inc shares have fallen nearly -8.04% since the year began. Nevertheless, the stocks have fallen -20.77% over the past one year. While a 52-week high of $140.38 was reached on 01/06/25, a 52-week low of $91.60 was recorded on 02/26/25. SMA at 50 days reached $109.06, while 200 days put it at $105.83.
Levels Of Support And Resistance For GPN Stock
The 24-hour chart illustrates a support level at 101.48, which if violated will result in even more drops to 99.90. On the upside, there is a resistance level at 105.35. A further resistance level may holdings at 107.64. The Relative Strength Index (RSI) on the 14-day chart is 40.50, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -1.03, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 81.14%. Stochastics %K at 26.32% indicates the stock is a holding.
The most recent change occurred on September 25, 2024 when Monness Crespi & Hardt resumed its ‘”a Buy”‘ rating for the stock and retained the price target to $155.
