Investors can expect a company’s stock to rise or fall based on the buying and selling of stock by its insiders. Peabody Energy Corp. shares valued at $362,363 were sold by Jarboe Scott T. on Feb 27 ’24. At $24.85 per share, Jarboe Scott T. sold 14,582 shares. The insider’s holdings dropped to 66,133 shares worth approximately $1.61 million following the completion of this transaction.
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Also, Yeates Darren Ronald sold 25,793 shares, netting a total of over 637,345 in proceeds. Following the sale of shares at $24.71 each, the insider now holds 80,367 shares.
Before that, Spurbeck Mark had sold 6,826 shares from its account. In a trade valued at $167,715, the EVP and CFO traded Peabody Energy Corp. shares for $24.57 each. Upon closing the transaction, the insider’s holdings decreased to 6,826 shares, worth approximately $1.84 million.
As published in a research note from Jefferies on June 07, 2022, Peabody Energy Corp. [BTU] has been rated up from a Hold to a Buy and the price target has been revised to $36 from $25. Analysts at The Benchmark Company upgraded the stock from ‘”a Hold”‘ to ‘”a Buy”‘ outlook in a report released in late October. As of October 04, 2021, B. Riley Securities has increased its “Neutral” rating to a “Buy” for BTU. Earlier on August 07, 2020, Vertical Research downgraded its rating. Their new recommendation was “a Hold” for BTU stock which previously was a “a Buy”.
Analyzing BTU Stock Performance
During the last five days, there has been a drop of approximately -5.22%. Over the course of the year, Peabody Energy Corp. shares have jumped approximately 0.08%. Nevertheless, trading volume fell to 3.1 million shares from 1.57 million shares the previous day.
Support And Resistance Levels for Peabody Energy Corp. (BTU)
RSI (Relative Strength Index) is 43.96 on the 14-day chart, showing neutral technical sentiment.
