Granite Ridge Resources Inc’s recently made public that its Director MCCARTNEY JOHN acquired Company’s shares for reported $5162.0 on Aug 21 ’25. In the deal valued at $5.30 per share,974 shares were bought. As a result of this transaction, MCCARTNEY JOHN now holds 83,091 shares worth roughly $0.47 million.
Then, MCCARTNEY JOHN bought 5,000 shares, generating $26,250 in total proceeds. Upon buying the shares at $5.25, the Director now owns 82,117 shares.
Before that, MCCARTNEY JOHN bought 5,000 shares. Granite Ridge Resources Inc shares valued at $26,500 were divested by the Director at a price of $5.30 per share. As a result of the transaction, MCCARTNEY JOHN now holds 77,117 shares, worth roughly $0.44 million.
CapitalOne downgraded its Granite Ridge Resources Inc [GRNT] rating to an Equal weight from a an Overweight in a research note published recently. ROTH MKM began covering GRNT with “Buy” recommendation on May 15, 2024. BofA Securities started covering the stock on November 07, 2023. It rated GRNT as “a Buy”.
Price Performance Review of GRNT
On Tuesday, Granite Ridge Resources Inc [NYSE:GRNT] saw its stock fall -0.70% to $5.67. Over the last five days, the stock has gained 9.25%. Granite Ridge Resources Inc shares have fallen nearly -9.57% since the year began. Nevertheless, the stocks have fallen -12.23% over the past one year. While a 52-week high of $7.00 was reached on 01/10/25, a 52-week low of $4.52 was recorded on 04/07/25.
Levels Of Support And Resistance For GRNT Stock
The 24-hour chart illustrates a support level at 5.63, which if violated will result in even more drops to 5.59. On the upside, there is a resistance level at 5.72. A further resistance level may holdings at 5.76.
How much short interest is there in Granite Ridge Resources Inc?
A steep rise in short interest was recorded in Granite Ridge Resources Inc stocks on 2025-08-15, dropping by -0.26 million shares to a total of 2.65 million shares. Yahoo Finance data shows the prior-month short interest on 2025-07-15 was 2.91 million shares. There was a decline of -9.86%, which implies that there is a negative sentiment for the stock.
The most recent change occurred on September 27, 2023 when Stephens began covering the stock and recommended ‘”an Overweight”‘ rating along with a $8 price target.
