In a filing, DTE Energy Co. revealed its Vice Chairman & Group Pres. Lauer Trevor F unloaded Company’s shares for reported $0.4 million on Jun 05 ’24. In the deal valued at $115.07 per share,3,500 shares were sold. As a result of this transaction, Lauer Trevor F now holds 59,475 shares worth roughly $7.53 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, Muschong Lisa A. sold 1,198 shares, generating $139,701 in total proceeds. Upon selling the shares at $116.61, the VP, Corp Sec & Chief of Staff now owns 4,271 shares.
Before that, Stiers Mark W sold 10,000 shares. DTE Energy Co. shares valued at $1,160,000 were divested by the Pres & COO-DTE Vantage & Trad. at a price of $116.00 per share. As a result of the transaction, Stiers Mark W now holds 41,921 shares, worth roughly $5.31 million.
A number of analysts have revised their coverage, including Ladenburg Thalmann’s analysts, who began to cover the stock in mid August with a ‘”a Buy”‘ rating. Guggenheim also remained covering DTE and has decreased its forecast on January 22, 2024 with a “Neutral” recommendation from previously “Buy” rating. Wolfe Research revised its rating on January 16, 2024. It rated DTE as “a Peer perform” which previously was an “an Outperform”.
Price Performance Review of DTE
On Monday, DTE Energy Co. [NYSE:DTE] saw its stock jump 0.05% to $126.63. Over the last five days, the stock has lost -1.04%. DTE Energy Co. shares have risen nearly 14.85% since the year began. Nevertheless, the stocks have risen 28.75% over the past one year. While a 52-week high of $131.66 was reached on 10/24/24, a 52-week low of $92.58 was recorded on 01/24/24. SMA at 50 days reached $125.81, while 200 days put it at $115.00.
Levels Of Support And Resistance For DTE Stock
The 24-hour chart illustrates a support level at 126.21, which if violated will result in even more drops to 125.80. On the upside, there is a resistance level at 127.34. A further resistance level may holdings at 128.06. The Relative Strength Index (RSI) on the 14-day chart is 49.23, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 0.44, which suggests price will go down in the next trading period. Percent R suggests that price movement has been low at 62.35%. Stochastics %K at 50.36% indicates the stock is a holding.
How much short interest is there in DTE Energy Co.?
A steep rise in short interest was recorded in DTE Energy Co. stocks on 2024-10-15, dropping by -0.47 million shares to a total of 2.63 million shares. Yahoo Finance data shows the prior-month short interest on 2024-09-13 was 3.1 million shares. There was a decline of -17.97%, which implies that there is a negative sentiment for the stock.
