In a filing, GCM Grosvenor Inc revealed its Principal Accounting Officer SULLIVAN KATHLEEN PATRICIA unloaded Company’s shares for reported $53635.0 on Sep 09 ’24. In the deal valued at $10.73 per share,5,000 shares were sold. As a result of this transaction, SULLIVAN KATHLEEN PATRICIA now holds 47,307 shares worth roughly $0.59 million.
Piper Sandler upgraded its GCM Grosvenor Inc [GCMG] rating to an Overweight from a a Neutral in a research note published on December 23, 2024; the price target was increased to $14 from $12.50. A number of analysts have revised their coverage, including TD Cowen’s analysts, who decreased its forecast for the stock in mid November from “a Buy” to “a Hold”. TD Cowen also remained covering GCMG and has increased its forecast on February 16, 2024 with a “an Outperform” recommendation from previously “Market perform” rating. TD Cowen started covering the stock on January 04, 2024. It rated GCMG as “a Market perform”.
Price Performance Review of GCMG
On Tuesday, GCM Grosvenor Inc [NASDAQ:GCMG] saw its stock fall -0.55% to $12.55. Over the last five days, the stock has lost -0.63%. GCM Grosvenor Inc shares have risen nearly 2.28% since the year began. Nevertheless, the stocks have risen 26.38% over the past one year. While a 52-week high of $14.48 was reached on 02/20/25, a 52-week low of $9.25 was recorded on 04/21/25. SMA at 50 days reached $12.78, while 200 days put it at $12.20.
Levels Of Support And Resistance For GCMG Stock
The 24-hour chart illustrates a support level at 12.48, which if violated will result in even more drops to 12.42. On the upside, there is a resistance level at 12.68. A further resistance level may holdings at 12.82. The Relative Strength Index (RSI) on the 14-day chart is 47.96, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 0.00, which suggests price will go down in the next trading period. Percent R suggests that price movement has been low at 32.05%. Stochastics %K at 68.38% indicates the stock is a holding.
