Grindr Inc’s recent filing unveils that its Director GEARON J MICHAEL JR unloaded Company’s shares for reported $0.48 million on Jun 03 ’25. In the deal valued at $24.75 per share,19,432 shares were sold. As a result of this transaction, GEARON J MICHAEL JR now holds 5,480,568 shares worth roughly $127.31 million.
Then, GEARON J MICHAEL JR sold 249,700 shares, generating $6,102,668 in total proceeds. Upon selling the shares at $24.44, the Director now owns 6,090,959 shares.
Before that, GEARON J MICHAEL JR sold 250,300 shares. Grindr Inc shares valued at $6,089,799 were divested by the Director at a price of $24.33 per share. As a result of the transaction, GEARON J MICHAEL JR now holds 6,340,659 shares, worth roughly $147.29 million.
Goldman initiated its Grindr Inc [GRND] rating to a Buy in a research note published on December 16, 2024; the price target was $20. A number of analysts have revised their coverage, including Raymond James’s analysts, who remained covering the stock and in late June has reiterated a ‘”an Outperform”‘ rating for it. JMP Securities also remained covering GRND and reiterated its “Mkt outperform” recommendation on June 27, 2024. Raymond James started covering the stock on April 04, 2024. It rated GRND as “an Outperform”.
Price Performance Review of GRND
On Monday, Grindr Inc [NYSE:GRND] saw its stock fall -0.47% to $23.23. Over the last five days, the stock has lost -6.07%. Grindr Inc shares have risen nearly 30.21% since the year began. Nevertheless, the stocks have risen 149.52% over the past one year. While a 52-week high of $25.13 was reached on 06/02/25, a 52-week low of $8.95 was recorded on 03/07/25. SMA at 50 days reached $21.58, while 200 days put it at $16.83.
Levels Of Support And Resistance For GRND Stock
The 24-hour chart illustrates a support level at 22.94, which if violated will result in even more drops to 22.64. On the upside, there is a resistance level at 23.43. A further resistance level may holdings at 23.62. The Relative Strength Index (RSI) on the 14-day chart is 50.97, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -0.59, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 77.87%. Stochastics %K at 24.04% indicates the stock is a holding.
The most recent change occurred on April 02, 2024 when JMP Securities began covering the stock and recommended ‘”a Mkt outperform”‘ rating along with a $14 price target.
