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 $3,704,700 were sold by Bray Jesse K on Apr 01 ’25. At $123.49 per share, Bray Jesse K sold 30,000 shares. The insider’s holdings dropped to 787,387 shares worth approximately $105.16 million following the completion of this transaction.
Also, Burr Elizabeth purchased 17,179 shares, netting a total of over 2,054,608 in proceeds.
Before that, Bray Jesse K had sold 30,000 shares from its account. In a trade valued at $3,367,200, the Chief Executive Officer traded Mr. Cooper Group Inc shares for $112.24 each. Upon closing the transaction, the insider’s holdings decreased to 30,000 shares, worth approximately $93.33 million.
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 23.72%. Over the course of the year, Mr. Cooper Group Inc shares have jumped approximately 39.11%. Shares of the company reached a 52-week high of $137.60 on 04/02/25 and a 52-week low of $89.70 on 01/13/25. A 50-day SMA is recorded $107.31, while a 200-day SMA reached $95.47.
Support And Resistance Levels for Mr. Cooper Group Inc (COOP)
According to the 24-hour chart, there is a support level at 127.17, which, if violated, would cause prices to drop to 120.79. In the upper region, resistance lies at 138.77. The next price resistance is at 143.99. RSI (Relative Strength Index) is 79.72 on the 14-day chart, showing overbought technical sentiment. Moving Average Convergence Divergence (MACD) is at 16.65, which suggests the price will increase in the coming days. Percent R is at 10.51%, indicating bullish price movement. Stochastics %K at selling indicates that the stock is to be held.
