APA Corporation’s recent filing unveils that its Director Ellis Juliet S acquired Company’s shares for reported $0.1 million on Dec 12 ’24. In the deal valued at $22.78 per share,4,391 shares were bought. As a result of this transaction, Ellis Juliet S now holds 12,436 shares worth roughly $0.26 million.
Then, LANNIE P ANTHONY bought 89,501 shares, generating $2,145,212 in total proceeds.
Before that, Rabun Daniel Wayne bought 75,998 shares. APA Corporation shares valued at $2,251,820 were divested by the Director at a price of $29.63 per share.
Wells Fargo downgraded its APA Corporation [APA] rating to an Equal weight from a an Overweight in a research note published on December 17, 2024; the price target was decreased to $25 from $42. Evercore ISI also remained covering APA and has decreased its forecast on June 14, 2024 with a “an In-line” recommendation from previously “an Outperform” rating.
Price Performance Review of APA
On Friday, APA Corporation [NASDAQ:APA] saw its stock jump 2.73% to $21.04. Over the last five days, the stock has lost -7.96%. APA Corporation shares have fallen nearly -41.36% since the year began. Nevertheless, the stocks have fallen -40.77% over the past one year. While a 52-week high of $37.82 was reached on 01/03/24, a 52-week low of $20.32 was recorded on 12/19/24. SMA at 50 days reached $23.04, while 200 days put it at $28.01.
Levels Of Support And Resistance For APA Stock
The 24-hour chart illustrates a support level at 20.53, which if violated will result in even more drops to 20.02. On the upside, there is a resistance level at 21.46. A further resistance level may holdings at 21.88. The Relative Strength Index (RSI) on the 14-day chart is 39.03, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -1.06, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 74.10%. Stochastics %K at 15.46% indicates the stock is a buying.
How much short interest is there in APA Corporation?
A steep rise in short interest was recorded in APA Corporation stocks on 2024-11-29, growing by 4.43 million shares to a total of 20.46 million shares. Yahoo Finance data shows the prior-month short interest on 2024-10-31 was 16.03 million shares. There was a rise of 21.66%, which implies that there is a positive sentiment for the stock.
The most recent change occurred on April 10, 2024 when Barclays began covering the stock and recommended ‘”an Equal weight”‘ rating along with a $40 price target.
