Acushnet Holdings Corp’s filing revealed that its Director Misto Holdings Corp. unloaded Company’s shares for reported $62.5 million on Apr 10 ’25. In the deal valued at $66.78 per share,935,907 shares were sold. As a result of this transaction, Misto Holdings Corp. now holds 30,477,059 shares worth roughly $1.88 billion.
Then, Pelisek Steven Francis sold 20,000 shares, generating $1,417,200 in total proceeds. Upon selling the shares at $70.86, the President-Titleist Golf Clubs now owns 96,006 shares.
Before that, Mohamed Nicholas N sold 1,361 shares. Acushnet Holdings Corp shares valued at $94,953 were divested by the Principal Accounting Officer at a price of $69.75 per share. As a result of the transaction, Mohamed Nicholas N now holds 3,563 shares, worth roughly $0.22 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 Monday, Acushnet Holdings Corp [NYSE:GOLF] saw its stock fall -0.05% to $61.71. Over the last five days, the stock has gained 4.54%. Acushnet Holdings Corp shares have fallen nearly -13.18% since the year began. Nevertheless, the stocks have fallen -1.11% over the past one year. While a 52-week high of $76.65 was reached on 01/22/25, a 52-week low of $55.31 was recorded on 04/09/25. SMA at 50 days reached $65.52, while 200 days put it at $66.94.
Levels Of Support And Resistance For GOLF Stock
The 24-hour chart illustrates a support level at 60.18, which if violated will result in even more drops to 58.64. On the upside, there is a resistance level at 63.25. A further resistance level may holdings at 64.78. The Relative Strength Index (RSI) on the 14-day chart is 44.46, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -2.13, which suggests price will go down in the next trading period. Percent R suggests that price movement has been low at 54.09%. Stochastics %K at 43.95% indicates the stock is a holding.
How much short interest is there in Acushnet Holdings Corp?
A steep rise in short interest was recorded in Acushnet Holdings Corp stocks on 2025-03-31, growing by 0.92 million shares to a total of 6.13 million shares. Yahoo Finance data shows the prior-month short interest on 2025-02-28 was 5.21 million shares. There was a rise of 15.0%, which implies that there is a positive sentiment for the stock.
