KD Logo

SRE (Sempra) may reap gains as insiders became active recently

Sempra’s recently made public that its Executive VP and Group Pres MIHALIK TREVOR I unloaded Company’s shares for reported $2.21 million on Nov 20 ’24. In the deal valued at $93.09 per share,23,713 shares were sold. As a result of this transaction, MIHALIK TREVOR I now holds 11,190 shares worth roughly $1.03 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, MIHALIK TREVOR I bought 23,713 shares, generating $2,214,320 in total proceeds.

Before that, WALL PETER R sold 6,100 shares. Sempra shares valued at $457,927 were divested by the SVP, Controller and CAO at a price of $75.07 per share. As a result of the transaction, WALL PETER R now holds 14,751 shares, worth roughly $1.36 million.

Jefferies initiated its Sempra [SRE] rating to a Buy in a research note published on October 24, 2024; the price target was $98. BMO Capital Markets also remained covering SRE and has increased its forecast on January 11, 2024 with a “an Outperform” recommendation from previously “Market perform” rating. Ladenburg Thalmann started covering the stock on January 03, 2024. It rated SRE as “a Buy”.

Price Performance Review of SRE

On Monday, Sempra [NYSE:SRE] saw its stock fall -1.68% to $92.10. Over the last five days, the stock has lost -2.30%. Sempra shares have risen nearly 23.24% since the year began. Nevertheless, the stocks have risen 26.39% over the past one year. While a 52-week high of $95.77 was reached on 11/25/24, a 52-week low of $66.40 was recorded on 04/16/24. SMA at 50 days reached $86.70, while 200 days put it at $78.31.

Levels Of Support And Resistance For SRE Stock

The 24-hour chart illustrates a support level at 91.13, which if violated will result in even more drops to 90.17. On the upside, there is a resistance level at 93.61. A further resistance level may holdings at 95.12. The Relative Strength Index (RSI) on the 14-day chart is 56.49, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 0.24, which suggests price will go down in the next trading period. Percent R suggests that price movement has been low at 66.49%. Stochastics %K at 57.26% indicates the stock is a holding.

How much short interest is there in Sempra?

A steep rise in short interest was recorded in Sempra stocks on 2024-11-15, growing by 4.77 million shares to a total of 16.6 million shares. Yahoo Finance data shows the prior-month short interest on 2024-10-15 was 11.82 million shares. There was a rise of 28.77%, which implies that there is a positive sentiment for the stock.

Most Popular