Topgolf Callaway Brands Corp (MODG) receives a Neutral rating from B. Riley Securities

Topgolf Callaway Brands Corp’s recent filing unveils that its EVP & Pres., Callaway Golf Hickey Glenn F. acquired Company’s shares for reported $68600.0 on May 19 ’25. In the deal valued at $6.86 per share,10,000 shares were bought. As a result of this transaction, Hickey Glenn F. now holds 10,000 shares worth roughly $65700.0.

Then, BREWER OLIVER G III bought 20,000 shares, generating $128,038 in total proceeds. Upon buying the shares at $6.40, the President and CEO now owns 1,009,297 shares.

Before that, FLEISCHER RUSSELL L bought 30,000 shares. Topgolf Callaway Brands Corp shares valued at $192,361 were divested by the Director at a price of $6.41 per share. As a result of the transaction, FLEISCHER RUSSELL L now holds 116,187 shares, worth roughly $0.76 million.

A number of analysts have revised their coverage, including B. Riley Securities’s analysts, who began to cover the stock in mid May with a ‘”a Neutral”‘ rating. Jefferies also remained covering MODG and has increased its forecast on January 02, 2025 with a “Buy” recommendation from previously “Hold” rating. B. Riley Securities revised its rating on October 17, 2024. It rated MODG as “a Neutral” which previously was an “a Buy”.

Price Performance Review of MODG

On Monday, Topgolf Callaway Brands Corp [NYSE:MODG] saw its stock fall -6.14% to $6.57. Over the last five days, the stock has lost -16.84%. Topgolf Callaway Brands Corp shares have fallen nearly -16.41% since the year began. Nevertheless, the stocks have fallen -57.78% over the past one year.

How much short interest is there in Topgolf Callaway Brands Corp?

A steep rise in short interest was recorded in Topgolf Callaway Brands Corp stocks on 2025-04-30, growing by 1.43 million shares to a total of 18.85 million shares. Yahoo Finance data shows the prior-month short interest on 2025-03-31 was 17.42 million shares. There was a rise of 7.59%, which implies that there is a positive sentiment for the stock.

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