Investors can speculate about the future of a stock by watching how its insiders buy and sell stocks. Green Dot Corp shares valued at $3,973,579 were sold by Topline Capital Management, LL on Dec 30 ’24. At $10.44 per share, Topline Capital Management, LL sold 380,611 shares. The insider’s holdings dropped to 5,708,126 shares worth approximately $44.07 million following the completion of this transaction.
Also, Topline Capital Management, LL sold 331,339 shares, netting a total of over 3,492,313 in proceeds. Following the sale of shares at $10.54 each, the insider now holds 5,376,787 shares.
Before that, Topline Capital Management, LL had sold 247,230 shares from its account. In a trade valued at $2,605,804, the traded Green Dot Corp shares for $10.54 each. Upon closing the transaction, the insider’s holdings decreased to 247,230 shares, worth approximately $47.01 million.
As published in a research note from Northland Capital on April 09, 2025, Green Dot Corp [GDOT] has been rated up from a Market perform to an Outperform and the price target has been revised to $12. Analysts at Craig Hallum upgraded the stock from ‘”a Hold”‘ to ‘”a Buy”‘ outlook in a report released in mid March. As of December 14, 2023, Barclays has decreased its “an Equal weight” rating to a “an Underweight” for GDOT. Earlier on November 10, 2023, Craig Hallum downgraded its rating. Their new recommendation was “a Hold” for GDOT stock which previously was a “a Buy”.
Analyzing GDOT Stock Performance
During the last five days, there has been a drop of approximately -12.37%. Over the course of the year, Green Dot Corp shares have dropped approximately -27.44%. Shares of the company reached a 52-week high of $10.65 on 01/02/25 and a 52-week low of $6.12 on 03/13/25. A 50-day SMA is recorded $8.15, while a 200-day SMA reached $9.93.
Support And Resistance Levels for Green Dot Corp (GDOT)
According to the 24-hour chart, there is a support level at 7.04, which, if violated, would cause prices to drop to 6.36. In the upper region, resistance lies at 8.12. The next price resistance is at 8.52. RSI (Relative Strength Index) is 48.33 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at -0.83, which suggests the price will decrease in the coming days. Percent R is at 49.21%, indicating low price movement. Stochastics %K at holding indicates that the stock is to be held.
