In a filing, Sphere Entertainment Co revealed its Member of 13(d) Group Charles F. Dolan 2009 Revocabl unloaded Company’s shares for reported $1.87 million on Mar 10 ’25. In the deal valued at $33.80 per share,55,385 shares were sold. As a result of this transaction, Charles F. Dolan 2009 Revocabl now holds 0 shares worth roughly $0.0.
Then, The Charles F. Dolan 2009 Revo bought 55,385 shares, generating $1,929,060 in total proceeds.
Wolfe Research upgraded its Sphere Entertainment Co [SPHR] rating to an Outperform from a a Peer perform in a research note published recently. A number of analysts have revised their coverage, including The Benchmark Company’s analysts, who decreased its forecast for the stock in early September from “a Hold” to “a Sell”. JP Morgan also remained covering SPHR and has increased its forecast on August 16, 2024 with a “an Overweight” recommendation from previously “Neutral” rating. Seaport Research Partners revised its rating on August 07, 2024. It rated SPHR as “a Buy” which previously was an “a Neutral”.
Price Performance Review of SPHR
On Tuesday, Sphere Entertainment Co [NYSE:SPHR] saw its stock fall -2.97% to $31.71. Over the last five days, the stock has gained 0.22%. Sphere Entertainment Co shares have fallen nearly -21.35% since the year began. Nevertheless, the stocks have fallen -34.87% over the past one year. While a 52-week high of $50.88 was reached on 02/18/25, a 52-week low of $30.62 was recorded on 03/13/25. SMA at 50 days reached $42.01, while 200 days put it at $41.61.
Levels Of Support And Resistance For SPHR Stock
The 24-hour chart illustrates a support level at 31.09, which if violated will result in even more drops to 30.46. On the upside, there is a resistance level at 32.58. A further resistance level may holdings at 33.44. The Relative Strength Index (RSI) on the 14-day chart is 26.83, which indicates oversold technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -3.45, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 92.11%. Stochastics %K at 9.63% indicates the stock is a buying.
How much short interest is there in Sphere Entertainment Co?
A steep rise in short interest was recorded in Sphere Entertainment Co stocks on 2025-02-28, growing by 0.39 million shares to a total of 8.17 million shares. Yahoo Finance data shows the prior-month short interest on 2025-01-31 was 7.78 million shares. There was a rise of 4.79%, which implies that there is a positive sentiment for the stock.
The most recent change occurred on July 23, 2024 when The Benchmark Company began covering the stock and recommended ‘”a Hold”‘ rating .
