O'Keefe Stevens Increases MODG Stake by 821,039 Shares for $8.66 Million
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Jan 09 2026
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Source: NASDAQ.COM
- Increased Stake: O'Keefe Stevens Advisory increased its stake in Topgolf Callaway Brands (MODG) by 821,039 shares in Q4, investing approximately $8.66 million, indicating strong confidence in the company's future prospects.
- Value Appreciation: Post-transaction, O'Keefe Stevens holds 1.17 million MODG shares valued at $13.63 million, reflecting a combined impact of trading activity and share price appreciation.
- Strong Market Performance: As of last Friday, MODG shares were priced at $13.44, up 55% over the past year, significantly outperforming the S&P 500's 17% gain, showcasing the company's competitive strength in the market.
- Improved Financial Stability: Despite a nearly $15 million loss in Q3, the company reported a 3% year-over-year revenue increase and raised its total revenue guidance for 2025, indicating signs of stabilization in its business operations.
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Analyst Views on MODG
Wall Street analysts forecast MODG stock price to fall over the next 12 months. According to Wall Street analysts, the average 1-year price target for MODG is 11.56 USD with a low forecast of 10.00 USD and a high forecast of 14.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
11 Analyst Rating
5 Buy
6 Hold
0 Sell
Moderate Buy
Current: 14.680
Low
10.00
Averages
11.56
High
14.00
Current: 14.680
Low
10.00
Averages
11.56
High
14.00
About MODG
Callaway Golf Company, formerly Topgolf Callaway Brands Corp., is a golf equipment, gear and apparel company with a portfolio of global brands, including Callaway Golf, Odyssey, TravisMathew, and OGIO. The Company designs, manufactures, and sells high-performance golf clubs, golf balls, apparel, bags, and other accessories. The Company's golf equipment business is comprised of Callaway Golf-branded woods, hybrids, irons, wedges, Odyssey putters, packaged sets, and Callaway Golf and Strata-branded golf balls, as well as the sale of pre-owned golf clubs. The Company's active lifestyle business is comprised of soft goods products under its Callaway Golf, TravisMathew, and OGIO brands. The Callaway Golf soft goods brand offers a full line of golf apparel, footwear, gear and accessories. TravisMathew offers a full line of golf and lifestyle apparel as well as footwear and accessories. The OGIO brand offers a full line of personal storage gear for sport and personal use and accessories.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
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