Asahi shares mark weekly slide after cyberattack halts production
Mr. Cooper Group Inc (NASDAQ:COOP) Chief Executive Officer Jesse K. Bray, through The Jesse K. Bray Living Trust, sold 30,000 shares of common stock on September 2, 2025, for a total value of $5.4 million. The sale comes as the company’s stock trades near its 52-week high, having delivered an impressive 106% return over the past year, according to InvestingPro data.
The shares were sold at a weighted average price of $182.43, with individual sales prices ranging from $176.93 to $183.56. Following the transaction, the Trust’s direct ownership stands at 198,398 shares, while indirect ownership is 633,187 shares. The stock has since climbed to $202.61, with analysts setting price targets ranging from $143 to $232.
The sales were executed under a pre-arranged Rule 10b5-1 trading plan that was adopted on June 13, 2024, and has now concluded. For deeper insights into Mr. Cooper Group’s valuation metrics and financial health analysis, including 10+ additional ProTips, visit InvestingPro.
In other recent news, Mr. Cooper Group Inc. reported its second-quarter 2025 earnings, revealing a mixed financial outcome. The company missed its earnings per share forecast, posting $3.04 compared to the expected $3.24. However, it exceeded revenue expectations, reporting $681 million against a forecasted $677.75 million. Additionally, Mr. Cooper stockholders approved a merger with Rocket Companies, where they will receive 11 shares of Rocket Class A common stock for each share of Mr. Cooper common stock. The company also provided supplemental disclosures related to the merger following shareholder lawsuits alleging proxy statement misstatements. These lawsuits aim to halt the shareholder vote and completion of the merger. In the broader market, homebuilder and mortgage stocks, including Mr. Cooper and Rocket Companies, saw significant gains following hints of potential interest rate cuts by the Federal Reserve. Mr. Cooper’s shares notably jumped 15% after weaker-than-expected jobs data increased expectations for rate cuts.
This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.