Oliver Brewer III Sells 1,400 Shares of Topgolf Callaway Brands (NYSE:CALY) Stock

Posted by on Aug 12th, 2026

Topgolf Callaway Brands Corp. (NYSE:CALY – Get Free Report) CEO Oliver Brewer III sold 1,400 shares of the company’s stock in a transaction that occurred on Friday, August 7th. The shares were sold at an average price of $18.00, for a total transaction of $25,200.00. Following the completion of the transaction, the chief executive officer owned 200,983 shares in the company, valued at approximately $3,617,694. This represents a 0.69% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website.

Topgolf Callaway Brands Stock Down 1.1%

Shares of NYSE:CALY opened at $16.86 on Wednesday. The firm’s fifty day moving average is $17.94. Topgolf Callaway Brands Corp. has a 12-month low of $8.21 and a 12-month high of $20.28. The firm has a market cap of $3.01 billion, a price-to-earnings ratio of 39.21 and a beta of 0.93.

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

Analyst Ratings Changes

A number of equities research analysts have recently weighed in on the company. Weiss Ratings reaffirmed a “hold (c-)” rating on shares of Topgolf Callaway Brands in a research note on Friday. KeyCorp increased their price objective on Topgolf Callaway Brands from $19.00 to $22.00 and gave the stock an “overweight” rating in a report on Wednesday, August 5th. Truist Financial raised their price objective on shares of Topgolf Callaway Brands to $19.00 and gave the company a “buy” rating in a research report on Monday, June 15th. The Goldman Sachs Group lifted their target price on shares of Topgolf Callaway Brands from $17.00 to $19.00 and gave the company a “neutral” rating in a research note on Wednesday, August 5th. Finally, Wall Street Zen raised shares of Topgolf Callaway Brands from a “hold” rating to a “buy” rating in a research report on Saturday, May 16th. Three investment analysts have rated the stock with a Buy rating and five have given a Hold rating to the company. According to data from MarketBeat, the stock presently has an average rating of “Hold” and a consensus price target of $20.00.

Get Our Latest Stock Analysis on CALY

Topgolf Callaway Brands Company Profile

(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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