In a filing, Granite Point Mortgage Trust Inc revealed its Director Woodhouse Hope B unloaded Company’s shares for reported $13600.0 on Aug 21 ’25. In the deal valued at $2.72 per share,5,000 shares were sold. As a result of this transaction, Woodhouse Hope B now holds 109,097 shares worth roughly $0.32 million.
Then, Woodhouse Hope B bought 5,000 shares, generating $13,582 in total proceeds.
Before that, Halter Patrick Gregory bought 17,000 shares. Granite Point Mortgage Trust Inc shares valued at $48,110 were divested by the Director at a price of $2.83 per share. As a result of the transaction, Halter Patrick Gregory now holds 94,363 shares, worth roughly $0.27 million.
Keefe Bruyette upgraded its Granite Point Mortgage Trust Inc [GPMT] rating to a Mkt perform from a an Underperform in a research note published on December 10, 2024; the price target was increased to $3.25 from $3. A number of analysts have revised their coverage, including JMP Securities’s analysts, who decreased its forecast for the stock in mid February from “a Mkt outperform” to “a Mkt perform”. UBS began covering GPMT with “Buy” recommendation on December 06, 2023. Keefe Bruyette revised its rating on December 15, 2022. It rated GPMT as “an Underperform” which previously was an “a Mkt perform”.
Price Performance Review of GPMT
On Friday, Granite Point Mortgage Trust Inc [NYSE:GPMT] saw its stock jump 1.40% to $2.89. Over the last five days, the stock has gained 1.76%. Granite Point Mortgage Trust Inc shares have risen nearly 12.45% since the year began. Nevertheless, the stocks have risen 3.58% over the past one year. While a 52-week high of $3.66 was reached on 02/13/25, a 52-week low of $1.61 was recorded on 04/21/25.
Levels Of Support And Resistance For GPMT Stock
The 24-hour chart illustrates a support level at 2.86, which if violated will result in even more drops to 2.83. On the upside, there is a resistance level at 2.91. A further resistance level may holdings at 2.92.
How much short interest is there in Granite Point Mortgage Trust Inc?
A steep rise in short interest was recorded in Granite Point Mortgage Trust Inc stocks on 2025-08-15, growing by 47486.0 shares to a total of 0.26 million shares. Yahoo Finance data shows the prior-month short interest on 2025-07-15 was 0.21 million shares. There was a rise of 18.51%, which implies that there is a positive sentiment for the stock.
