KD Logo

D (Dominion Energy Inc) may reap gains as insiders became active recently

Dominion Energy Inc’s recent filing unveils that its Director RIGBY JOSEPH M acquired Company’s shares for reported $99998.0 on Mar 06 ’24. In the deal valued at $46.94 per share,2,130 shares were bought. As a result of this transaction, RIGBY JOSEPH M now holds 8,417 shares worth roughly $0.41 million.

Then, BLUE ROBERT M bought 21,735 shares, generating $997,891 in total proceeds. Upon buying the shares at $45.91, the Chair, President and CEO now owns 176,240 shares.

Before that, Leopold Diane sold 6,250 shares. Dominion Energy Inc shares valued at $284,453 were divested by the Exec. Vice President and COO at a price of $45.51 per share. As a result of the transaction, Leopold Diane now holds 88,126 shares, worth roughly $4.31 million.

BMO Capital Markets downgraded its Dominion Energy Inc [D] rating to a Market perform from a an Outperform in a research note published recently. A number of analysts have revised their coverage, including Barclays’s analysts, who increased its forecast for the stock in early November from “an Equal weight” to “an Overweight”. Scotiabank also remained covering D and has decreased its forecast on October 16, 2023 with a “Sector perform” recommendation from previously “Sector outperform” rating. Barclays started covering the stock on August 23, 2023. It rated D as “an Equal weight”.

Price Performance Review of D

On Friday, Dominion Energy Inc [NYSE:D] saw its stock fall -0.22% to $48.91. Over the last five days, the stock has gained 0.70%. Dominion Energy Inc shares have risen nearly 4.06% since the year began. Nevertheless, the stocks have fallen -15.51% over the past one year. While a 52-week high of $58.69 was reached on 04/09/24, a 52-week low of $39.18 was recorded on 02/13/24. SMA at 50 days reached $47.18, while 200 days put it at $47.17. A total of 5.52 million shares were traded, compared to the trading of 3.75 million shares in the previous session.

Levels Of Support And Resistance For D Stock

The 24-hour chart illustrates a support level at 48.38, which if violated will result in even more drops to 47.86. On the upside, there is a resistance level at 49.44. A further resistance level may holdings at 49.98. The Relative Strength Index (RSI) on the 14-day chart is 55.01, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 0.24, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bullish at 22.44%. Stochastics %K at 77.56% indicates the stock is a holding.

Most Popular

[the_ad id="945"]