The buying and selling of stock by a company’s insider give investors a sense that the stock will rise or fall in the future. Entergy Corp. shares valued at $619,920 were sold by VIAMONTES ELIECER on Aug 30 ’24. At $120.00 per share, VIAMONTES ELIECER sold 5,166 shares. The insider’s holdings dropped to 5,117 shares worth approximately $0.63 million following the completion of this transaction.
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
Also, Marsh Andrew S sold 19,200 shares, netting a total of over 2,310,720 in proceeds. Following the sale of shares at $120.35 each, the insider now holds 150,731 shares.
Before that, Marsh Andrew S had added 19,200 shares to its account. In a trade valued at $2,310,687, the Officer bought Entergy Corp. shares for $120.35 each.
As published in a research note from BofA Securities on November 21, 2023, Entergy Corp. [ETR] has been rated up from a Neutral to a Buy and the price target has been revised to $110 from $94. Analysts at RBC Capital Mkts downgraded the stock from ‘”an Outperform”‘ to ‘”a Sector perform”‘ outlook in a report released in early November. As of November 06, 2023, UBS has increased its “Neutral” rating to a “Buy” for ETR. Earlier on October 05, 2023, KeyBanc Capital Markets upgraded its rating. Their new recommendation was “an Overweight” for ETR stock which previously was a “a Sector weight”.
Analyzing ETR Stock Performance
During the last five days, there has been a surge of approximately 2.53%. Over the course of the year, Entergy Corp. shares have jumped approximately 20.87%. Shares of the company reached a 52-week high of $123.73 on 09/04/24 and a 52-week low of $96.15 on 02/13/24. A 50-day SMA is recorded $114.00, while a 200-day SMA reached $106.45. Nevertheless, trading volume fell to 1.17 million shares from 1.31 million shares the previous day.
Support And Resistance Levels for Entergy Corp. (ETR)
According to the 24-hour chart, there is a support level at 121.55, which, if violated, would cause prices to drop to 120.79. In the upper region, resistance lies at 123.35. The next price resistance is at 124.39. RSI (Relative Strength Index) is 73.28 on the 14-day chart, showing overbought technical sentiment. Moving Average Convergence Divergence (MACD) is at 2.57, which suggests the price will increase in the coming days. Percent R is at 20.82%, indicating bullish price movement. Stochastics %K at selling indicates that the stock is to be held.
