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Grindr Inc. (NYSE:GRND) Receives $22.50 Consensus Target Price from Analysts
['Kim Johansen']
Markets Daily
The average 1-year target price among brokers that have issued ratings on the stock in the last year is $22.50.
Weiss Ratings reiterated a “sell (d-)” rating on shares of Grindr in a research report on Monday, December 29th.
Insider Transactions at GrindrIn other Grindr news, major shareholder James Fu Bin Lu sold 200,000 shares of Grindr stock in a transaction on Tuesday, January 27th.
Following the completion of the sale, the insider directly owned 20,494,867 shares of the company’s stock, valued at $240,609,738.58.
Over the last three months, insiders have bought 605,000 shares of company stock valued at $7,930,000 and have sold 3,057,750 shares valued at $41,513,548.