Mr. Cooper Group Inc’s recent filing unveils that its Chief Executive Officer Bray Jesse K unloaded Company’s shares for reported $3.6 million on May 01 ’25. In the deal valued at $120.14 per share,30,000 shares were sold. As a result of this transaction, Bray Jesse K now holds 757,387 shares worth roughly $99.83 million.
Then, Jesse K. Bray bought 90,000 shares, generating $10,710,900 in total proceeds.
Before that, Bray Jesse K sold 30,000 shares. Mr. Cooper Group Inc shares valued at $3,704,700 were divested by the Chief Executive Officer at a price of $123.49 per share. As a result of the transaction, Bray Jesse K now holds 787,387 shares, worth roughly $103.79 million.
Piper Sandler downgraded its Mr. Cooper Group Inc [COOP] rating to a Neutral from a an Overweight in a research note published recently. A number of analysts have revised their coverage, including JMP Securities’s analysts, who began to cover the stock in mid January with a ‘”a Mkt outperform”‘ rating. Keefe Bruyette also remained covering COOP and has decreased its forecast on July 22, 2024 with a “Mkt perform” recommendation from previously “an Outperform” rating. Deutsche Bank started covering the stock on January 10, 2024. It rated COOP as “a Buy”.
Price Performance Review of COOP
On Friday, Mr. Cooper Group Inc [NASDAQ:COOP] saw its stock jump 1.62% to $131.81. Over the last five days, the stock has gained 15.12%. Mr. Cooper Group Inc shares have risen nearly 37.29% since the year began. Nevertheless, the stocks have risen 60.80% over the past one year. While a 52-week high of $137.60 was reached on 05/16/25, a 52-week low of $78.20 was recorded on 01/13/25. SMA at 50 days reached $114.37, while 200 days put it at $100.78.
Levels Of Support And Resistance For COOP Stock
The 24-hour chart illustrates a support level at 129.01, which if violated will result in even more drops to 126.20. On the upside, there is a resistance level at 136.48. A further resistance level may holdings at 141.15. The Relative Strength Index (RSI) on the 14-day chart is 67.33, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 8.46, which suggests price will go up in the next trading period. Percent R suggests that price movement has been bullish at 27.15%. Stochastics %K at 81.83% indicates the stock is a selling.
The most recent change occurred on December 06, 2023 when UBS began covering the stock and recommended ‘”a Buy”‘ rating along with a $80 price target.
