Entergy Corp.’s recent filing unveils that its EVP & Chief Operating Officer NORGEOT PETER S JR unloaded Company’s shares for reported $1.03 million on Sep 23 ’24. In the deal valued at $130.00 per share,7,922 shares were sold. As a result of this transaction, NORGEOT PETER S JR now holds 34,993 shares worth roughly $4.73 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, NORGEOT PETER S JR bought 7,922 shares, generating $1,029,860 in total proceeds.
Before that, NORGEOT PETER S JR sold 7,000 shares. Entergy Corp. shares valued at $875,000 were divested by the EVP & Chief Operating Officer at a price of $125.00 per share. As a result of the transaction, NORGEOT PETER S JR now holds 34,993 shares, worth roughly $4.73 million.
Barclays upgraded its Entergy Corp. [ETR] rating to an Overweight from a an Equal weight in a research note published on September 17, 2024; the price target was increased to $138 from $115. A number of analysts have revised their coverage, including BofA Securities’s analysts, who increased its forecast for the stock in late November from “a Neutral” to “a Buy”. RBC Capital Mkts also remained covering ETR and has decreased its forecast on November 08, 2023 with a “Sector perform” recommendation from previously “an Outperform” rating. UBS revised its rating on November 06, 2023. It rated ETR as “a Buy” which previously was an “a Neutral”.
Price Performance Review of ETR
On Friday, Entergy Corp. [NYSE:ETR] saw its stock jump 0.48% to $135.28. Over the last five days, the stock has gained 3.55%. Entergy Corp. shares have risen nearly 33.69% since the year began. Nevertheless, the stocks have risen 42.81% over the past one year. While a 52-week high of $135.16 was reached on 10/18/24, a 52-week low of $90.78 was recorded on 02/13/24. SMA at 50 days reached $125.60, while 200 days put it at $110.83.
Levels Of Support And Resistance For ETR Stock
The 24-hour chart illustrates a support level at 134.06, which if violated will result in even more drops to 132.85. On the upside, there is a resistance level at 136.14. A further resistance level may holdings at 137.01. The Relative Strength Index (RSI) on the 14-day chart is 74.02, which indicates overbought technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 2.47, which suggests price will go up in the next trading period. Percent R suggests that price movement has been bullish at 7.25%. Stochastics %K at 93.07% indicates the stock is a selling.
How much short interest is there in Entergy Corp.?
A steep rise in short interest was recorded in Entergy Corp. stocks on 2024-09-30, growing by 0.42 million shares to a total of 3.38 million shares. Yahoo Finance data shows the prior-month short interest on 2024-08-30 was 2.96 million shares. There was a rise of 12.45%, which implies that there is a positive sentiment for the stock.
