In a filing, Acushnet Holdings Corp revealed its President-Titleist Golf Clubs Pelisek Steven Francis unloaded Company’s shares for reported $1.42 million on Mar 10 ’25. In the deal valued at $70.86 per share,20,000 shares were sold. As a result of this transaction, Pelisek Steven Francis now holds 96,006 shares worth roughly $5.4 million.
Then, Mohamed Nicholas N sold 1,361 shares, generating $94,953 in total proceeds. Upon selling the shares at $69.75, the Principal Accounting Officer now owns 3,563 shares.
Before that, Reidy Brendan J. sold 11,334 shares. Acushnet Holdings Corp shares valued at $760,851 were divested by the insider at a price of $67.13 per share. As a result of the transaction, Reidy Brendan J. now holds 57,773 shares, worth roughly $3.25 million.
Compass Point upgraded its Acushnet Holdings Corp [GOLF] rating to a Buy from a a Neutral in a research note published recently. A number of analysts have revised their coverage, including JP Morgan’s analysts, who decreased its forecast for the stock in late January from “a Neutral” to “an Underweight”. Jefferies also remained covering GOLF and has decreased its forecast on September 17, 2024 with a “Hold” recommendation from previously “Buy” rating. Compass Point revised its rating on October 30, 2023. It rated GOLF as “a Buy” which previously was an “a Neutral”.
Price Performance Review of GOLF
On Tuesday, Acushnet Holdings Corp [NYSE:GOLF] saw its stock fall -4.68% to $56.27. Over the last five days, the stock has lost -16.90%. Acushnet Holdings Corp shares have fallen nearly -20.84% since the year began. Nevertheless, the stocks have fallen -11.91% over the past one year. While a 52-week high of $76.65 was reached on 01/22/25, a 52-week low of $57.21 was recorded on 04/08/25. SMA at 50 days reached $65.89, while 200 days put it at $67.02.
Levels Of Support And Resistance For GOLF Stock
The 24-hour chart illustrates a support level at 54.40, which if violated will result in even more drops to 52.53. On the upside, there is a resistance level at 59.58. A further resistance level may holdings at 62.89. The Relative Strength Index (RSI) on the 14-day chart is 29.76, which indicates oversold technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -6.39, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 96.79%. Stochastics %K at 15.52% indicates the stock is a buying.
How much short interest is there in Acushnet Holdings Corp?
A steep rise in short interest was recorded in Acushnet Holdings Corp stocks on 2025-03-14, growing by 0.18 million shares to a total of 5.64 million shares. Yahoo Finance data shows the prior-month short interest on 2025-02-14 was 5.47 million shares. There was a rise of 3.17%, which implies that there is a positive sentiment for the stock.
