Grindr Inc’s recently made public that its Chief Product Officer Balance Austin J unloaded Company’s shares for reported $3.07 million on Jun 12 ’25. In the deal valued at $23.15 per share,132,496 shares were sold. As a result of this transaction, Balance Austin J now holds 542,089 shares worth roughly $12.72 million.
Then, VANDANA MEHTA-KRANTZ bought 77,593 shares, generating $1,785,415 in total proceeds.
Before that, GEARON J MICHAEL JR sold 19,432 shares. Grindr Inc shares valued at $480,942 were divested by the Director at a price of $24.75 per share. As a result of the transaction, GEARON J MICHAEL JR now holds 5,480,568 shares, worth roughly $128.57 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 jump 1.96% to $23.46. Over the last five days, the stock has gained 0.99%. Grindr Inc shares have risen nearly 31.50% since the year began. Nevertheless, the stocks have risen 157.80% over the past one year. While a 52-week high of $25.13 was reached on 06/02/25, a 52-week low of $9.42 was recorded on 03/07/25.
Levels Of Support And Resistance For GRND Stock
The 24-hour chart illustrates a support level at 23.11, which if violated will result in even more drops to 22.76. On the upside, there is a resistance level at 23.74. A further resistance level may holdings at 24.02.
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.
