Pinnacle West Capital Corp’s recently made public that its EVP, COO, APS Tetlow Jacob unloaded Company’s shares for reported $0.86 million on Nov 13 ’24. In the deal valued at $90.80 per share,9,474 shares were sold. As a result of this transaction, Tetlow Jacob now holds 56 shares worth roughly $4760.0.
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, Jacob Tetlow bought 9,474 shares, generating $870,755 in total proceeds.
Before that, Flanagan Susan T. bought 500 shares. Pinnacle West Capital Corp shares valued at $43,270 were divested by the Director at a price of $86.54 per share. As a result of the transaction, Flanagan Susan T. now holds 750 shares, worth roughly $63750.0.
KeyBanc Capital Markets upgraded its Pinnacle West Capital Corp [PNW] rating to an Overweight from a a Sector weight in a research note published recently. A number of analysts have revised their coverage, including Barclays’s analysts, who decreased its forecast for the stock in mid November from “an Overweight” to “an Equal weight”. Jefferies began covering PNW with “Buy” recommendation on September 20, 2024. Ladenburg Thalmann revised its rating on June 06, 2024. It rated PNW as “a Buy” which previously was an “a Neutral”.
Price Performance Review of PNW
On Monday, Pinnacle West Capital Corp [NYSE:PNW] saw its stock jump 0.05% to $85.00. Over the last five days, the stock has lost -1.19%. Pinnacle West Capital Corp shares have risen nearly 18.32% since the year began. Nevertheless, the stocks have risen 20.04% over the past one year. While a 52-week high of $95.42 was reached on 11/27/24, a 52-week low of $65.20 was recorded on 02/08/24. SMA at 50 days reached $89.36, while 200 days put it at $82.45.
Levels Of Support And Resistance For PNW Stock
The 24-hour chart illustrates a support level at 84.31, which if violated will result in even more drops to 83.61. On the upside, there is a resistance level at 85.52. A further resistance level may holdings at 86.03. The Relative Strength Index (RSI) on the 14-day chart is 32.28, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -3.20, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 88.87%. Stochastics %K at 9.33% indicates the stock is a buying.
How much short interest is there in Pinnacle West Capital Corp?
A steep rise in short interest was recorded in Pinnacle West Capital Corp stocks on 2024-11-29, growing by 0.77 million shares to a total of 4.08 million shares. Yahoo Finance data shows the prior-month short interest on 2024-10-31 was 3.31 million shares. There was a rise of 18.98%, which implies that there is a positive sentiment for the stock.
The most recent change occurred on April 29, 2024 when Citigroup began covering the stock and recommended ‘”a Neutral”‘ rating along with a $78 price target.
