In a filing, Targa Resources Corp revealed its Chief Commercial Officer Muraro Robert unloaded Company’s shares for reported $0.51 million on Dec 02 ’24. In the deal valued at $202.29 per share,2,500 shares were sold. As a result of this transaction, Muraro Robert now holds 171,951 shares worth roughly $30.67 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, Muraro Robert bought 2,500 shares, generating $510,750 in total proceeds.
Before that, Boushka Julie H. sold 10,000 shares. Targa Resources Corp shares valued at $1,905,214 were divested by the Senior VP and CAO at a price of $190.52 per share. As a result of the transaction, Boushka Julie H. now holds 25,143 shares, worth roughly $4.48 million.
Scotiabank began covering TRGP with “Sector outperform” recommendation on March 02, 2023. Citigroup started covering the stock on December 09, 2022. It rated TRGP as “a Buy”.
Price Performance Review of TRGP
On Monday, Targa Resources Corp [NYSE:TRGP] saw its stock jump 0.89% to $178.37. Over the last five days, the stock has lost -2.74%. Targa Resources Corp shares have risen nearly 105.33% since the year began. Nevertheless, the stocks have risen 104.76% over the past one year. While a 52-week high of $209.87 was reached on 11/22/24, a 52-week low of $81.03 was recorded on 01/18/24. SMA at 50 days reached $183.14, while 200 days put it at $142.43.
Levels Of Support And Resistance For TRGP Stock
The 24-hour chart illustrates a support level at 175.07, which if violated will result in even more drops to 171.78. On the upside, there is a resistance level at 180.12. A further resistance level may holdings at 181.88. The Relative Strength Index (RSI) on the 14-day chart is 41.18, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -8.47, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 74.59%. Stochastics %K at 16.41% indicates the stock is a buying.
How much short interest is there in Targa Resources Corp?
A steep rise in short interest was recorded in Targa Resources Corp stocks on 2024-11-29, growing by 11799.0 shares to a total of 3.51 million shares. Yahoo Finance data shows the prior-month short interest on 2024-10-31 was 3.5 million shares. There was a rise of 0.34%, which implies that there is a positive sentiment for the stock.
