Investors can expect a company’s stock to rise or fall based on the buying and selling of stock by its insiders. CNX Resources Corp shares valued at $2,010,750 were purchased by LANIGAN BERNARD JR on Sep 09 ’24. At $26.81 per share, LANIGAN BERNARD JR acquired 75,000 shares. The insider’s holdings grew to 401,820 shares worth approximately $14.21 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, LANIGAN BERNARD JR purchased 75,000 shares, netting a total of over 2,005,500 in proceeds. Following the buying of shares at $26.74 each, the insider now holds 326,820 shares.
Before that, Bedard Timothy Scott had added 1,226 shares to its account. In a trade valued at $25,133, the EVP and General Counsel bought CNX Resources Corp shares for $20.50 each. Upon closing the transaction, the insider’s holdings increased to 1,226 shares, worth approximately $43351.36.
As published in a research note from CapitalOne on October 14, 2024, CNX Resources Corp [CNX] has been rated down from an Overweight to an Equal weight and the price target has been revised to $25. Analysts at Tudor Pickering Holt & Co. downgraded the stock from ‘”a Hold”‘ to ‘”a Sell”‘ outlook in a report released in early October. As of August 15, 2024, Piper Sandler has decreased its “Neutral” rating to a “an Underweight” for CNX. Earlier on January 05, 2024, BofA Securities upgraded its rating. Their new recommendation was “a Neutral” for CNX stock which previously was a “an Underperform”.
Analyzing CNX Stock Performance
During the last five days, there has been a surge of approximately 3.36%. Over the course of the year, CNX Resources Corp shares have jumped approximately 76.80%. Shares of the company reached a 52-week high of $36.96 on 10/11/24 and a 52-week low of $19.07 on 02/14/24. A 50-day SMA is recorded $29.49, while a 200-day SMA reached $24.70. Nevertheless, trading volume fell to 2.39 million shares from 3.26 million shares the previous day.
Support And Resistance Levels for CNX Resources Corp (CNX)
According to the 24-hour chart, there is a support level at 34.45, which, if violated, would cause prices to drop to 33.53. In the upper region, resistance lies at 35.93. The next price resistance is at 36.49. RSI (Relative Strength Index) is 67.65 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at 0.79, which suggests the price will decrease in the coming days. Percent R is at 25.32%, indicating bullish price movement. Stochastics %K at holding indicates that the stock is to be held.
