The buying and selling of stock by a company’s insider give investors a sense that the stock will rise or fall in the future. Topgolf Callaway Brands Corp shares valued at $68,600 were purchased by Hickey Glenn F. on May 19 ’25. At $6.86 per share, Hickey Glenn F. acquired 10,000 shares. The insider’s holdings grew to 10,000 shares worth approximately $62000.0 following the completion of this transaction.
Also, BREWER OLIVER G III purchased 20,000 shares, netting a total of over 128,038 in proceeds. Following the buying of shares at $6.40 each, the insider now holds 1,009,297 shares.
Before that, FLEISCHER RUSSELL L had added 30,000 shares to its account. In a trade valued at $192,361, the Director bought Topgolf Callaway Brands Corp shares for $6.41 each. Upon closing the transaction, the insider’s holdings increased to 30,000 shares, worth approximately $0.72 million.
Analysts at B. Riley Securities started covering the stock with ‘”a Neutral”‘ outlook in a report released in mid May. As of January 02, 2025, Jefferies has increased its “Hold” rating to a “Buy” for MODG. Earlier on October 17, 2024, B. Riley Securities downgraded its rating. Their new recommendation was “a Neutral” for MODG stock which previously was a “a Buy”.
Analyzing MODG Stock Performance
During the last five days, there has been a drop of approximately -8.55%. Over the course of the year, Topgolf Callaway Brands Corp shares have dropped approximately -21.12%. Shares of the company reached a 52-week high of $9.70 on 01/06/25 and a 52-week low of $5.42 on 04/08/25.
Support And Resistance Levels for Topgolf Callaway Brands Corp (MODG)
According to the 24-hour chart, there is a support level at 6.12, which, if violated, would cause prices to drop to 6.04. In the upper region, resistance lies at 6.34. The next price resistance is at 6.49. RSI (Relative Strength Index) is 43.45 on the 14-day chart, showing neutral technical sentiment.
