Driven Brands Holdings Inc’s recent filing unveils that its Director Halligan Catherine Ann unloaded Company’s shares for reported $73896.0 on Mar 03 ’25. In the deal valued at $17.42 per share,4,242 shares were sold. As a result of this transaction, Halligan Catherine Ann now holds 17,791 shares worth roughly $0.3 million.
Then, Catherine Halligan bought 4,242 shares, generating $73,810 in total proceeds.
The Benchmark Company initiated its Driven Brands Holdings Inc [DRVN] rating to a Buy in a research note published on April 04, 2025; the price target was $22. A number of analysts have revised their coverage, including BMO Capital Markets’s analysts, who began to cover the stock in late July with a ‘”a Market perform”‘ rating. JP Morgan also remained covering DRVN and has decreased its forecast on May 03, 2024 with a “Neutral” recommendation from previously “an Overweight” rating.
Price Performance Review of DRVN
On Tuesday, Driven Brands Holdings Inc [NASDAQ:DRVN] saw its stock jump 1.82% to $16.74. Over the last five days, the stock has gained 5.62%. Driven Brands Holdings Inc shares have risen nearly 3.72% since the year began. Nevertheless, the stocks have risen 16.01% over the past one year. While a 52-week high of $18.01 was reached on 03/03/25, a 52-week low of $10.59 was recorded on 02/25/25. SMA at 50 days reached $16.45, while 200 days put it at $15.41.
Levels Of Support And Resistance For DRVN Stock
The 24-hour chart illustrates a support level at 16.31, which if violated will result in even more drops to 15.88. On the upside, there is a resistance level at 16.97. A further resistance level may holdings at 17.21. The Relative Strength Index (RSI) on the 14-day chart is 54.73, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 0.29, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bullish at 1.70%. Stochastics %K at 89.86% indicates the stock is a selling.
How much short interest is there in Driven Brands Holdings Inc?
A steep rise in short interest was recorded in Driven Brands Holdings Inc stocks on 2025-04-15, growing by 0.37 million shares to a total of 9.35 million shares. Yahoo Finance data shows the prior-month short interest on 2025-03-14 was 8.98 million shares. There was a rise of 4.0%, which implies that there is a positive sentiment for the stock.
