Green Dot Corp’s recently made public that its Topline Capital Management, LL unloaded Company’s shares for reported $3.97 million on Dec 30 ’24. In the deal valued at $10.44 per share,380,611 shares were sold. As a result of this transaction, Topline Capital Management, LL now holds 5,708,126 shares worth roughly $42.58 million.
Then, Topline Capital Management, LL sold 331,339 shares, generating $3,492,313 in total proceeds. Upon selling the shares at $10.54, the now owns 5,376,787 shares.
Before that, Topline Capital Management, LL sold 247,230 shares. Green Dot Corp shares valued at $2,605,804 were divested by the at a price of $10.54 per share. As a result of the transaction, Topline Capital Management, LL now holds 6,088,737 shares, worth roughly $45.42 million.
Barclays downgraded its Green Dot Corp [GDOT] rating to an Underweight from a an Equal weight in a research note published on December 14, 2023; the price target was decreased to $7 from $8. A number of analysts have revised their coverage, including Craig Hallum’s analysts, who decreased its forecast for the stock in early November from “a Buy” to “a Hold”. BTIG Research started covering the stock on June 14, 2023. It rated GDOT as “a Neutral”.
Price Performance Review of GDOT
On Friday, Green Dot Corp [NYSE:GDOT] saw its stock jump 1.22% to $7.46. Over the last five days, the stock has lost -2.48%. Green Dot Corp shares have fallen nearly -29.89% since the year began. Nevertheless, the stocks have fallen -7.10% over the past one year. While a 52-week high of $13.58 was reached on 01/02/25, a 52-week low of $6.42 was recorded on 03/04/25. SMA at 50 days reached $9.00, while 200 days put it at $10.17.
Levels Of Support And Resistance For GDOT Stock
The 24-hour chart illustrates a support level at 7.22, which if violated will result in even more drops to 6.98. On the upside, there is a resistance level at 7.66. A further resistance level may holdings at 7.86. The Relative Strength Index (RSI) on the 14-day chart is 35.02, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -0.76, which suggests price will go down in the next trading period. Percent R suggests that price movement has been low at 67.93%. Stochastics %K at 27.46% indicates the stock is a holding.
