Topgolf Callaway Brands Corp’s recently made public that its Director Ogunlesi Adebayo O. acquired Company’s shares for reported $2.49 million on Jun 06 ’25. In the deal valued at $6.48 per share,384,731 shares were bought. As a result of this transaction, Ogunlesi Adebayo O. now holds 768,432 shares worth roughly $5.95 million.
Then, Ogunlesi Adebayo O. bought 38,782 shares, generating $294,289 in total proceeds. Upon buying the shares at $7.59, the Director now owns 845,284 shares.
Before that, Ogunlesi Adebayo O. bought 38,070 shares. Topgolf Callaway Brands Corp shares valued at $266,802 were divested by the Director at a price of $7.01 per share. As a result of the transaction, Ogunlesi Adebayo O. now holds 806,502 shares, worth roughly $6.24 million.
A number of analysts have revised their coverage, including B. Riley Securities’s analysts, who began to cover the stock in mid May with a ‘”a Neutral”‘ rating. Jefferies also remained covering MODG and has increased its forecast on January 02, 2025 with a “Buy” recommendation from previously “Hold” rating. B. Riley Securities revised its rating on October 17, 2024. It rated MODG as “a Neutral” which previously was an “a Buy”.
Price Performance Review of MODG
On Friday, Topgolf Callaway Brands Corp [NYSE:MODG] saw its stock fall -2.03% to $7.74. Over the last five days, the stock has gained 20.37%. Topgolf Callaway Brands Corp shares have fallen nearly -1.53% since the year began. Nevertheless, the stocks have fallen -48.37% over the past one year. While a 52-week high of $16.89 was reached on 01/06/25, a 52-week low of $5.42 was recorded on 04/08/25.
Levels Of Support And Resistance For MODG Stock
The 24-hour chart illustrates a support level at 7.56, which if violated will result in even more drops to 7.38. On the upside, there is a resistance level at 7.99. A further resistance level may holdings at 8.24.
How much short interest is there in Topgolf Callaway Brands Corp?
A steep rise in short interest was recorded in Topgolf Callaway Brands Corp stocks on 2025-05-30, growing by 0.24 million shares to a total of 19.09 million shares. Yahoo Finance data shows the prior-month short interest on 2025-04-30 was 18.85 million shares. There was a rise of 1.25%, which implies that there is a positive sentiment for the stock.
