In a filing, Sunoco LP revealed its EVP – Commercial Harkness Austin acquired Company’s shares for reported $49740.0 on May 29 ’24. In the deal valued at $49.74 per share,1,000 shares were bought. As a result of this transaction, Harkness Austin now holds 83,686 shares worth roughly $4.35 million.
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
Then, Fails Karl R bought 3,000 shares, generating $150,540 in total proceeds. Upon buying the shares at $50.18, the EVP & Chief Operations Officer now owns 230,916 shares.
Before that, Hand Brian A bought 2,000 shares. Sunoco LP shares valued at $99,180 were divested by the EVP-Chief Sales Officer at a price of $49.59 per share. As a result of the transaction, Hand Brian A now holds 153,255 shares, worth roughly $7.97 million.
A number of analysts have revised their coverage, including Stifel’s analysts, who increased its forecast for the stock in early June from “a Hold” to “a Buy”. Mizuho revised its rating on June 04, 2024. It rated SUN as “a Buy” which previously was an “a Neutral”.
Price Performance Review of SUN
On Friday, Sunoco LP [NYSE:SUN] saw its stock jump 0.48% to $51.98. Over the last five days, the stock has lost -2.91%. Sunoco LP shares have fallen nearly -13.27% since the year began. Nevertheless, the stocks have risen 15.00% over the past one year. While a 52-week high of $64.89 was reached on 03/06/24, a 52-week low of $43.00 was recorded on 05/24/24. SMA at 50 days reached $53.85, while 200 days put it at $54.99. A total of 0.58 million shares were traded, compared to the trading of 0.35 million shares in the previous session.
Levels Of Support And Resistance For SUN Stock
The 24-hour chart illustrates a support level at 51.37, which if violated will result in even more drops to 50.76. On the upside, there is a resistance level at 52.47. A further resistance level may holdings at 52.96. The Relative Strength Index (RSI) on the 14-day chart is 45.68, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 0.26, which suggests price will go down in the next trading period. Percent R suggests that price movement has been low at 59.55%. Stochastics %K at 43.63% indicates the stock is a holding.
