Investors can expect a company’s stock to rise or fall based on the buying and selling of stock by its insiders. Topgolf Callaway Brands Corp shares valued at $2,494,904 were purchased by Ogunlesi Adebayo O. on Jun 06 ’25. At $6.48 per share, Ogunlesi Adebayo O. acquired 384,731 shares. The insider’s holdings grew to 768,432 shares worth approximately $6.0 million following the completion of this transaction.
Also, Ogunlesi Adebayo O. purchased 38,782 shares, netting a total of over 294,289 in proceeds. Following the buying of shares at $7.59 each, the insider now holds 845,284 shares.
Before that, Ogunlesi Adebayo O. had added 38,070 shares to its account. In a trade valued at $266,802, the Director bought Topgolf Callaway Brands Corp shares for $7.01 each. Upon closing the transaction, the insider’s holdings increased to 38,070 shares, worth approximately $6.3 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 surge of approximately 19.60%. Over the course of the year, Topgolf Callaway Brands Corp shares have dropped approximately -0.64%. 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 7.71, which, if violated, would cause prices to drop to 7.60. In the upper region, resistance lies at 7.90. The next price resistance is at 7.98. RSI (Relative Strength Index) is 66.05 on the 14-day chart, showing neutral technical sentiment.
