Portland General Electric Co’s recent filing unveils that its Sr. Vice President Bekkedahl Larry Neal unloaded Company’s shares for reported $94340.0 on Nov 06 ’24. In the deal valued at $47.17 per share,2,000 shares were sold. As a result of this transaction, Bekkedahl Larry Neal now holds 26,765 shares worth roughly $1.27 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, Bekkedahl Larry Neal bought 2,000 shares, generating $94,364 in total proceeds.
Before that, Felton Benjamin bought 11 shares. Portland General Electric Co shares valued at $522 were divested by the EVP, COO at a price of $47.48 per share. As a result of the transaction, Felton Benjamin now holds 30,153 shares, worth roughly $1.43 million.
Evercore ISI initiated its Portland General Electric Co [POR] rating to an Outperform in a research note published on September 25, 2024; the price target was $54. A number of analysts have revised their coverage, including Jefferies’s analysts, who began to cover the stock in mid September with a ‘”a Hold”‘ rating. Barclays also remained covering POR and has decreased its forecast on September 18, 2024 with a “an Equal weight” recommendation from previously “an Overweight” rating.
Price Performance Review of POR
On Monday, Portland General Electric Co [NYSE:POR] saw its stock jump 0.91% to $47.45. Over the last five days, the stock has gained 2.84%. Portland General Electric Co shares have risen nearly 9.48% since the year began. Nevertheless, the stocks have risen 17.33% over the past one year. While a 52-week high of $49.85 was reached on 10/25/24, a 52-week low of $39.13 was recorded on 02/08/24. SMA at 50 days reached $47.70, while 200 days put it at $44.43.
Levels Of Support And Resistance For POR Stock
The 24-hour chart illustrates a support level at 47.01, which if violated will result in even more drops to 46.58. On the upside, there is a resistance level at 47.79. A further resistance level may holdings at 48.14. The Relative Strength Index (RSI) on the 14-day chart is 50.34, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -0.48, which suggests price will go down in the next trading period. Percent R suggests that price movement has been low at 58.25%. Stochastics %K at 30.50% indicates the stock is a holding.
How much short interest is there in Portland General Electric Co?
A steep rise in short interest was recorded in Portland General Electric Co stocks on 2024-10-15, dropping by -0.8 million shares to a total of 3.57 million shares. Yahoo Finance data shows the prior-month short interest on 2024-09-13 was 4.38 million shares. There was a decline of -22.45%, which implies that there is a negative sentiment for the stock.
