Investors can expect a company’s stock to rise or fall based on the buying and selling of stock by its insiders. Acushnet Holdings Corp shares valued at $62,500,150 were sold by Misto Holdings Corp. on Apr 10 ’25. At $66.78 per share, Misto Holdings Corp. sold 935,907 shares. The insider’s holdings dropped to 30,477,059 shares worth approximately $1.82 billion following the completion of this transaction.
Also, Pelisek Steven Francis sold 20,000 shares, netting a total of over 1,417,200 in proceeds. Following the sale of shares at $70.86 each, the insider now holds 96,006 shares.
Before that, Mohamed Nicholas N had sold 1,361 shares from its account. In a trade valued at $94,953, the Principal Accounting Officer traded Acushnet Holdings Corp shares for $69.75 each. Upon closing the transaction, the insider’s holdings decreased to 1,361 shares, worth approximately $0.21 million.
As published in a research note from Compass Point on March 04, 2025, Acushnet Holdings Corp [GOLF] has been rated up from a Neutral to a Buy and the price target has been revised to $80. Analysts at JP Morgan downgraded the stock from ‘”a Neutral”‘ to ‘”an Underweight”‘ outlook in a report released in late January. As of September 17, 2024, Jefferies has decreased its “Buy” rating to a “Hold” for GOLF. Earlier on October 30, 2023, Compass Point upgraded its rating. Their new recommendation was “a Buy” for GOLF stock which previously was a “a Neutral”.
Analyzing GOLF Stock Performance
During the last five days, there has been a drop of approximately -1.87%. Over the course of the year, Acushnet Holdings Corp shares have dropped approximately -15.98%. Shares of the company reached a 52-week high of $76.65 on 01/22/25 and a 52-week low of $55.31 on 04/09/25. A 50-day SMA is recorded $65.22, while a 200-day SMA reached $66.89.
Support And Resistance Levels for Acushnet Holdings Corp (GOLF)
According to the 24-hour chart, there is a support level at 59.04, which, if violated, would cause prices to drop to 58.36. In the upper region, resistance lies at 60.15. The next price resistance is at 60.58. RSI (Relative Strength Index) is 41.11 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at -2.03, which suggests the price will decrease in the coming days. Percent R is at 68.36%, indicating low price movement. Stochastics %K at holding indicates that the stock is to be held.
