O'Keefe Stevens Increases Topgolf Callaway Holdings 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: Fool
- Share Increase: O'Keefe Stevens Advisory increased its stake in Topgolf Callaway Brands by 821,039 shares during Q4, with an estimated transaction value of $8.66 million, indicating confidence in the company's future amidst signs of stabilization in its operations.
- Value Appreciation: Following this purchase, O'Keefe Stevens' total holdings in Topgolf rose to 1.17 million shares, with the position value increasing by $10.33 million from the previous filing, reflecting positive stock price movements.
- Strong Market Performance: As of Friday, Topgolf shares were priced at $13.44, marking a 55% increase over the past year, significantly outperforming the S&P 500's approximately 17% gain, which underscores market recognition of its growth potential.
- Improved Financial Outlook: Although Topgolf reported a nearly $15 million loss in Q3, its revenue grew by 3% year-over-year, and management raised the 2025 total revenue guidance to between $3.90 billion and $3.94 billion, indicating signs of business improvement.
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.
