Mr. Cooper Group Inc’s recently made public that its Chief Executive Officer Bray Jesse K unloaded Company’s shares for reported $3.7 million on Apr 01 ’25. In the deal valued at $123.49 per share,30,000 shares were sold. As a result of this transaction, Bray Jesse K now holds 787,387 shares worth roughly $101.64 million.
Then, Burr Elizabeth bought 17,179 shares, generating $2,054,608 in total proceeds.
Before that, Bray Jesse K sold 30,000 shares. Mr. Cooper Group Inc shares valued at $3,367,200 were divested by the Chief Executive Officer at a price of $112.24 per share. As a result of the transaction, Bray Jesse K now holds 698,821 shares, worth roughly $90.21 million.
Piper Sandler downgraded its Mr. Cooper Group Inc [COOP] rating to a Neutral from a an Overweight in a research note published recently. A number of analysts have revised their coverage, including JMP Securities’s analysts, who began to cover the stock in mid January with a ‘”a Mkt outperform”‘ rating. Keefe Bruyette also remained covering COOP and has decreased its forecast on July 22, 2024 with a “Mkt perform” recommendation from previously “an Outperform” rating. Deutsche Bank started covering the stock on January 10, 2024. It rated COOP as “a Buy”.
Price Performance Review of COOP
On Monday, Mr. Cooper Group Inc [NASDAQ:COOP] saw its stock fall -3.81% to $129.09. Over the last five days, the stock has gained 7.93%. Mr. Cooper Group Inc shares have risen nearly 34.45% since the year began. Nevertheless, the stocks have risen 69.99% over the past one year. While a 52-week high of $137.60 was reached on 04/02/25, a 52-week low of $74.49 was recorded on 01/13/25. SMA at 50 days reached $109.05, while 200 days put it at $96.22.
Levels Of Support And Resistance For COOP Stock
The 24-hour chart illustrates a support level at 124.20, which if violated will result in even more drops to 119.32. On the upside, there is a resistance level at 135.38. A further resistance level may holdings at 141.68. The Relative Strength Index (RSI) on the 14-day chart is 69.59, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 16.25, which suggests price will go up in the next trading period. Percent R suggests that price movement has been bullish at 23.68%. Stochastics %K at 85.11% indicates the stock is a selling.
How much short interest is there in Mr. Cooper Group Inc?
A steep rise in short interest was recorded in Mr. Cooper Group Inc stocks on 2025-03-14, growing by 0.4 million shares to a total of 2.1 million shares. Yahoo Finance data shows the prior-month short interest on 2025-02-14 was 1.71 million shares. There was a rise of 18.8%, which implies that there is a positive sentiment for the stock.
The most recent change occurred on December 06, 2023 when UBS began covering the stock and recommended ‘”a Buy”‘ rating along with a $80 price target.
