Topgolf Callaway Brands Corp’s recent filing unveils that its Director Ogunlesi Adebayo O. acquired Company’s shares for reported $2.09 million on Jun 05 ’25. In the deal valued at $6.46 per share,322,816 shares were bought. As a result of this transaction, Ogunlesi Adebayo O. now holds 383,701 shares worth roughly $2.47 million.
Then, Ogunlesi Adebayo O. bought 60,885 shares, generating $394,109 in total proceeds. Upon buying the shares at $6.47, the Director now owns 60,885 shares.
Before that, Hickey Glenn F. bought 10,000 shares. Topgolf Callaway Brands Corp shares valued at $68,600 were divested by the EVP & Pres., Callaway Golf at a price of $6.86 per share. As a result of the transaction, Hickey Glenn F. now holds 10,000 shares, worth roughly $64300.0.
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 Friday, Topgolf Callaway Brands Corp [NYSE:MODG] saw its stock fall -0.16% to $6.43. Over the last five days, the stock has gained 1.42%. Topgolf Callaway Brands Corp shares have fallen nearly -18.19% since the year began. Nevertheless, the stocks have fallen -58.46% over the past one year. While a 52-week high of $16.89 was reached on 01/06/25, a 52-week low of $5.42 was recorded on 04/08/25. SMA at 50 days reached $6.52, while 200 days put it at $8.16.
Levels Of Support And Resistance For MODG Stock
The 24-hour chart illustrates a support level at 6.34, which if violated will result in even more drops to 6.25. On the upside, there is a resistance level at 6.57. A further resistance level may holdings at 6.71. The Relative Strength Index (RSI) on the 14-day chart is 48.83, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 0.11, which suggests price will go down in the next trading period. Percent R suggests that price movement has been low at 46.19%. Stochastics %K at 52.38% indicates the stock is a holding.
