Topgolf Callaway Brands (NYSE:CALY) CEO Oliver Brewer III Sells 67,474 Shares of Stock

Posted by on Aug 10th, 2026

Topgolf Callaway Brands Corp. (NYSE:CALY – Get Free Report) CEO Oliver Brewer III sold 67,474 shares of the firm’s stock in a transaction on Thursday, August 6th. The shares were sold at an average price of $18.30, for a total transaction of $1,234,774.20. Following the completion of the transaction, the chief executive officer directly owned 201,276 shares of the company’s stock, valued at $3,683,350.80. This represents a 25.11% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed through this hyperlink.

Topgolf Callaway Brands Stock Performance

CALY traded down $0.52 during trading on Monday, reaching $17.07. 1,702,178 shares of the stock were exchanged, compared to its average volume of 2,747,758. The business’s 50 day moving average price is $17.86. Topgolf Callaway Brands Corp. has a twelve month low of $8.00 and a twelve month high of $20.28. The company has a market cap of $3.05 billion, a PE ratio of 39.70 and a beta of 0.93.

Topgolf Callaway Brands (NYSE:CALY – Get Free Report) last announced its quarterly earnings results on Tuesday, August 4th. The company reported $0.39 EPS for the quarter, beating analysts’ consensus estimates of $0.35 by $0.04. Topgolf Callaway Brands had a net margin of 3.37% and a return on equity of 5.86%. The firm had revenue of $612.20 million during the quarter. The company’s quarterly revenue was down 44.9% compared to the same quarter last year. On average, equities analysts anticipate that Topgolf Callaway Brands Corp. will post 0.75 EPS for the current year.

Wall Street Analyst Weigh In

Several equities research analysts recently issued reports on the stock. B. Riley Financial reiterated a “buy” rating and issued a $23.00 target price (up from $19.00) on shares of Topgolf Callaway Brands in a research note on Wednesday, August 5th. The Goldman Sachs Group upped their price objective on Topgolf Callaway Brands from $17.00 to $19.00 and gave the company a “neutral” rating in a research note on Wednesday, August 5th. KeyCorp raised their price objective on Topgolf Callaway Brands from $19.00 to $22.00 and gave the company an “overweight” rating in a research report on Wednesday, August 5th. JPMorgan Chase & Co. lifted their target price on Topgolf Callaway Brands to $18.00 and gave the stock a “neutral” rating in a research note on Thursday, June 11th. Finally, Zacks Research cut Topgolf Callaway Brands from a “strong-buy” rating to a “hold” rating in a research note on Thursday. Three investment analysts have rated the stock with a Buy rating and five have assigned a Hold rating to the company. Based on data from MarketBeat, the company presently has a consensus rating of “Hold” and an average price target of $20.00.

Read Our Latest Stock Analysis on CALY

About Topgolf Callaway Brands

(Get Free Report)

Topgolf Callaway Brands plc (NYSE: MODG) is a leading global sports and entertainment company formed through the merger of Callaway Golf Company and Topgolf Entertainment Group in July 2022. The company combines Callaway’s heritage in golf equipment design and manufacturing with Topgolf’s innovative, technology-driven entertainment venues. Topgolf Callaway Brands serves a diverse audience of golf enthusiasts, casual players and social visitors, offering experiences that span both competitive sport and leisure activities.

Under the Callaway Golf brand, the company develops and markets a broad portfolio of premium golf clubs, balls, accessories and apparel.

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