KD Logo

Upbound Group Inc [UPBD] EVP, Chief Financial Officer makes an insider purchase of 11,500 shares worth 0.3 million.

Investors can speculate about the future of a stock by watching how its insiders buy and sell stocks. Upbound Group Inc shares valued at $296,930 were purchased by Karam Fahmi on Mar 10 ’25. At $25.82 per share, Karam Fahmi acquired 11,500 shares. The insider’s holdings grew to 164,672 shares worth approximately $3.69 million following the completion of this transaction.

Also, BROWN JEFFREY J purchased 1,146 shares, netting a total of over 33,245 in proceeds. Following the buying of shares at $29.01 each, the insider now holds 86,380 shares.

Before that, BROWN JEFFREY J had added 1,065 shares to its account. In a trade valued at $31,151, the Director bought Upbound Group Inc shares for $29.25 each. Upon closing the transaction, the insider’s holdings increased to 1,065 shares, worth approximately $1.91 million.

Analysts at BTIG Research started covering the stock with ‘”a Buy”‘ outlook in a report released in early June. As of March 08, 2024, TD Cowen has initiated its “an Outperform” rating for UPBD. Earlier on January 02, 2024, Stephens upgraded its rating. Their new recommendation was “an Overweight” for UPBD stock which previously was a “an Equal-weight”.

Analyzing UPBD Stock Performance

During the last five days, there has been a drop of approximately -7.75%. Over the course of the year, Upbound Group Inc shares have dropped approximately -23.28%. Shares of the company reached a 52-week high of $30.62 on 02/06/25 and a 52-week low of $20.08 on 04/09/25. A 50-day SMA is recorded $26.11, while a 200-day SMA reached $30.01.

Support And Resistance Levels for Upbound Group Inc (UPBD)

According to the 24-hour chart, there is a support level at 20.64, which, if violated, would cause prices to drop to 18.90. In the upper region, resistance lies at 23.56. The next price resistance is at 24.74. RSI (Relative Strength Index) is 39.26 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at -1.87, which suggests the price will decrease in the coming days. Percent R is at 58.33%, indicating low price movement. Stochastics %K at holding indicates that the stock is to be held.

Most Popular