In a filing, Energy Transfer LP revealed its Co-CEO MCCREA MARSHALL S III acquired Company’s shares for reported $0.66 million on Dec 12 ’23. In the deal valued at $13.19 per share,50,000 shares were bought. As a result of this transaction, MCCREA MARSHALL S III now holds 7,272,754 shares worth roughly $112.15 million.
Then, Mason Thomas P bought 8,000 shares, generating $105,360 in total proceeds. Upon buying the shares at $13.17, the EVP & Pres. LNG now owns 1,715,720 shares.
Before that, Whitehurst Bradford D. bought 10,000 shares. Energy Transfer LP shares valued at $131,000 were divested by the EVP at a price of $13.10 per share. As a result of the transaction, Whitehurst Bradford D. now holds 1,323,055 shares, worth roughly $20.4 million.
A number of analysts have revised their coverage, including Pickering Energy Partners’s analysts, who began to cover the stock in early October with a ‘”an Outperform”‘ rating. Citigroup began covering ET with “Buy” recommendation on December 09, 2022.
Price Performance Review of ET
On Friday, Energy Transfer LP [NYSE:ET] saw its stock fall -1.66% to $15.42. Over the last five days, the stock has lost -2.65%. Energy Transfer LP shares have risen nearly 11.74% since the year began. Nevertheless, the stocks have risen 22.19% over the past one year. While a 52-week high of $16.04 was reached on 04/04/24, a 52-week low of $12.18 was recorded on 01/18/24. SMA at 50 days reached $15.03, while 200 days put it at $13.88. A total of 13.05 million shares were traded, compared to the trading of 9.19 million shares in the previous session.
Levels Of Support And Resistance For ET Stock
The 24-hour chart illustrates a support level at 15.24, which if violated will result in even more drops to 15.05. On the upside, there is a resistance level at 15.74. A further resistance level may holdings at 16.05. The Relative Strength Index (RSI) on the 14-day chart is 48.34, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -0.08, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 91.18%. Stochastics %K at 39.22% indicates the stock is a holding.
