APA Corporation’s recently made public 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 $0.29 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 Monday, APA Corporation [NASDAQ:APA] saw its stock jump 1.02% to $23.66. Over the last five days, the stock has gained 7.11%. APA Corporation shares have risen nearly 2.47% since the year began. Nevertheless, the stocks have fallen -30.51% over the past one year. While a 52-week high of $36.04 was reached on 01/06/25, a 52-week low of $20.32 was recorded on 01/03/25. SMA at 50 days reached $22.54, while 200 days put it at $27.58.
Levels Of Support And Resistance For APA Stock
The 24-hour chart illustrates a support level at 23.30, which if violated will result in even more drops to 22.95. On the upside, there is a resistance level at 24.22. A further resistance level may holdings at 24.77. The Relative Strength Index (RSI) on the 14-day chart is 63.43, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 1.44, which suggests price will go up in the next trading period. Percent R suggests that price movement has been bullish at 18.44%. Stochastics %K at 86.11% indicates the stock is a selling.
How much short interest is there in APA Corporation?
A steep rise in short interest was recorded in APA Corporation stocks on 2024-12-13, growing by 5.02 million shares to a total of 24.05 million shares. Yahoo Finance data shows the prior-month short interest on 2024-11-15 was 19.03 million shares. There was a rise of 20.88%, 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.
