In a filing, PPL Corp revealed its SVP-Finance and Treasurer Henninger Tadd J unloaded Company’s shares for reported $0.21 million on Dec 17 ’24. In the deal valued at $32.16 per share,6,639 shares were sold. As a result of this transaction, Henninger Tadd J now holds 11,210 shares worth roughly $0.36 million.
Then, Henninger Tadd J bought 6,639 shares, generating $213,510 in total proceeds.
Before that, Crockett John R III sold 9,161 shares. PPL Corp shares valued at $314,680 were divested by the President of a PPL Subsidiary at a price of $34.35 per share. As a result of the transaction, Crockett John R III now holds 12,434 shares, worth roughly $0.4 million.
BMO Capital Markets initiated its PPL Corp [PPL] rating to an Outperform in a research note published on December 11, 2024; the price target was $36. A number of analysts have revised their coverage, including JP Morgan’s analysts, who began to cover the stock in late October with a ‘”an Overweight”‘ rating. Jefferies began covering PPL with “Buy” recommendation on September 20, 2024. Argus revised its rating on March 08, 2024. It rated PPL as “a Buy” which previously was an “a Hold”.
Price Performance Review of PPL
On Friday, PPL Corp [NYSE:PPL] saw its stock jump 0.28% to $32.27. Over the last five days, the stock has lost -1.07%. PPL Corp shares have fallen nearly -0.59% since the year began. Nevertheless, the stocks have risen 16.67% over the past one year. While a 52-week high of $35.15 was reached on 01/02/25, a 52-week low of $25.35 was recorded on 01/02/25. SMA at 50 days reached $33.08, while 200 days put it at $30.44.
Levels Of Support And Resistance For PPL Stock
The 24-hour chart illustrates a support level at 32.11, which if violated will result in even more drops to 31.96. On the upside, there is a resistance level at 32.46. A further resistance level may holdings at 32.66. The Relative Strength Index (RSI) on the 14-day chart is 41.59, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -0.01, which suggests price will go down in the next trading period. Percent R suggests that price movement has been low at 40.48%. Stochastics %K at 55.13% indicates the stock is a holding.
How much short interest is there in PPL Corp?
A steep rise in short interest was recorded in PPL Corp stocks on 2024-12-13, dropping by -0.37 million shares to a total of 14.71 million shares. Yahoo Finance data shows the prior-month short interest on 2024-11-15 was 15.08 million shares. There was a decline of -2.54%, which implies that there is a negative sentiment for the stock.
