Callaway Golf Company
At today's price, Callaway Golf Company (CALY) is priced for today's economics sustained for ~11.5 years. boothcheck doesn't publish a fair value or a price target; it shows what the price assumes, so you can judge whether that bar is too high. Built from SEC EDGAR filings.
• Callaway Golf is a company freshly reset: it sold majority control of Topgolf to private equity in early 2026 and renamed itself back to Callaway, returning to a pure-play golf-equipment and apparel business. • The balance sheet was the point of the deal; the company used proceeds to repay $1.0 billion of term-loan debt, leaving roughly $480 million of debt against about $680 million of cash and a new $200 million buyback authorization. • The defining risk is that a standalone golf-equipment m
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358 institutional managers reported holding CALY in 13F filings for the quarter ended 2026-03-31. Together they hold about 76% of the company; the top 10 hold 45%. 60 opened new positions that quarter. Held by BlackRock, Vanguard Group, Dimensional Fund Advisors, among others. On the short side, 6.8M shares were sold short as of the 2026-06-15 count, about 3% of shares outstanding (3.1 days of typical volume to cover).
Quarterly 13F filings arrive up to 45 days after quarter end, so the picture is never current (filed through 2026-05-29). Nothing here is investment advice.
CALY has cut its share count 0.8% over the past five years, spending $194.50M on repurchases. It pays no dividend. Cash returned over the past three years: $105.80M in repurchases.
Share counts are split-adjusted; repurchase totals are gross of share issuance. Nothing here is investment advice.
Open-market insider buys at CALY over the trailing three years: 2023: 12 buys totaling $961k; 2025: 10 buys totaling $5.92M. 20 officers and directors are on file.
Code P open-market purchases from SEC Form 4 filings, non-derivative, excluding scheduled 10b5-1 plans. Nothing here is investment advice.
CALY's recent reports: the day-one move, then what the following quarter actually did.
| report | day one | next quarter |
|---|---|---|
| 2023-05-11 | -14.0% | +15.6% |
| 2023-08-09 | -9.8% | -21.2% |
| 2023-11-09 | -20.9% | +36.9% |
| 2024-03-01 | +5.6% | +12.0% |
Day-one is the close-to-close move around the filing. Nothing here is investment advice.
CALY's latest 8-K filings: 2026-06-01 (items 7.01, 9.01); 2026-05-26 (items 1.01, 5.07, 9.01); 2026-05-07 (items 2.02, 9.01); 2026-02-27 (items 7.01, 9.01); 2026-02-12 (items 2.02, 9.01).
Item codes are the SEC's own classification of what each report discloses. Nothing here is investment advice.
Last analyzed: June 27, 2026
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For informational and research purposes only. Not investment advice. Not a recommendation to buy, sell, or hold any security. boothcheck is not a registered investment adviser. Past performance does not guarantee future results.