Home Insiders Updates Taking a Closer Look At Peabody Energy Corporation (BTU) Following Its Recent Trade

Taking a Closer Look At Peabody Energy Corporation (BTU) Following Its Recent Trade

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Taking a Closer Look At Peabody Energy Corporation (BTU) Following Its Recent Trade

Peabody Energy Corporation’s recently made public that its EVP and CFO Spurbeck Mark unloaded Company’s shares for reported $0.31 million on Jun 01. In the deal valued at $24.31 per share,12,742 shares were sold. As a result of this transaction, Spurbeck Mark now holds 73,663 shares worth roughly $ 2.21 million.


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Then, Hathhorn Marc E. sold 18,335 shares, generating $463,134 in total proceeds. Upon selling the shares at $25.26, the President-US Operations now owns 61,943 shares.

Before that, Hathhorn Marc E. sold 1,639 shares. Peabody Energy Corporation shares valued at $27,929 were divested by the President-US Operations at a price of $17.04 per share. As a result of the transaction, Hathhorn Marc E. now holds 101,824 shares, worth roughly $3.06 million.

Jefferies upgraded its Peabody Energy Corporation [BTU] rating to a Buy from a a Hold in a research note published on Monday, June 07, 2022; the price target was increased to $36 from $25. PT values the company’s stock at a premium of 16.64 to its Monday closing price. A number of analysts have revised their coverage, including The Benchmark Company’s analysts, who increased its forecast for the stock in late October from “a Hold” to “a Buy”. B. Riley Securities also remained covering BTU and has increased its forecast on October 04, 2021 with a “Buy” recommendation from previously “Neutral” rating. Vertical Research revised its rating on August 07, 2020. It rated BTU as “a Hold” which previously was an “a Buy”.

Price Performance Review of BTU

On Monday, Peabody Energy Corporation [NYSE:BTU] saw its stock jump 11.19% to $30.01. On the same session, the stock had its day’s lowest price of $27.5751, but rose to a high of $30.055. Over the last five days, the stock has gained 25.56%. Peabody Energy Corporation shares have risen nearly 198.01% since the year began. Nevertheless, the stocks have risen 157.82% over the past one year. While a 52-week high of $33.29 was reached on 04/18/22, a 52-week low of $8.58 was recorded on 01/24/22. SMA at 50 days reached $24.34, while 200 days put it at $22.53. A total of 10.95 million shares were traded, compared to the trading of 3.51 million shares in the previous session.

Levels Of Support And Resistance For BTU Stock

The 24-hour chart illustrates a support level at 28.37, which if violated will result in even more drops to 26.73. On the upside, there is a resistance level at 30.85. A further resistance level may holdings at 31.69. The Relative Strength Index (RSI) on the 14-day chart is 69.39, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 2.44, which suggests price will go up in the next trading period. Percent R suggests that price movement has been bullish at 0.59%. Stochastics %K at 71.02% indicates the stock is a holding.

How much short interest is there in Peabody Energy Corporation?

A steep rise in short interest was recorded in Peabody Energy Corporation stocks on Jul 14, 2022, growing by 0.34 million shares to a total of 14.67 million shares. Yahoo Finance data shows the prior-month short interest on Jun 14, 2022 was 14.33 million shares. There was a rise of 2.32%, which implies that there is a positive sentiment for the stock. In spite of short shares comprising just 12.45% of the overall stock float, the days-to-cover ratio (short ratio) rose to 2.35.

Peabody Energy Corporation [BTU] – Who Are The Largest Shareholders?

In filings from Elliott Investment Management LP, it is revealed that the company now owns 25,859,970 shares, or roughly 17.97% of the outstanding BTU shares. Additionally, Fidelity Management & Research Co increased 98.17% of its stake after which the total value it holdings stand at $386,835,883, while The Vanguard Group, Inc. added 39.70% of its stake to hold $267.32 million in the firm. Over the last quarter, BlackRock Fund Advisors purchased 1,282,793 shares of Peabody Energy Corporation, while SSgA Funds Management, Inc. bought -2,071,412 shares. At present, Dimensional Fund Advisors LP is holding 6,114,432 shares valued at $151.76 million. KGH Ltd. owned 2,600,223 shares of the company at the time of its most recent 13F filing, worth $64.54 million.

According to FactSet, Peabody Energy Corporation’s share price will average $30.00 in the next year, based on opinions of analysts polled by the firm. This is up nearly 14.86 percent from its previous closing price of $26.99. Analysts expect Peabody Energy Corporation stock to reach the higher price of $33.00, while the lowest price estimate is $27.00.

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