The buying and selling of stock by a company’s insider give investors a sense that the stock will rise or fall in the future. Northwest Natural Holding Co shares valued at $298,382 were sold by ANDERSON DAVID HUGO on Dec 20 ’24. At $39.78 per share, ANDERSON DAVID HUGO sold 7,500 shares. The insider’s holdings dropped to 144,298 shares worth approximately $5.65 million following the completion of this transaction.
Also, ANDERSON DAVID HUGO purchased 62,500 shares, netting a total of over 2,627,850 in proceeds.
Before that, DOWNING JAMES R had sold 0 shares from its account. In a trade valued at $17, the VP, CIO traded Northwest Natural Holding Co shares for $37.36 each. Upon closing the transaction, the insider’s holdings decreased to 0 shares, worth approximately $0.34 million.
As published in a research note from Janney on August 05, 2024, Northwest Natural Holding Co [NWN] has been rated up from a Neutral to a Buy. Analysts at Janney started covering the stock with ‘”a Neutral”‘ outlook in a report released in late January. As of May 05, 2023, Maxim Group has decreased its “Buy” rating to a “Hold” for NWN. Earlier on May 24, 2022, BofA Securities upgraded its rating. Their new recommendation was “a Neutral” for NWN stock which previously was a “an Underperform”.
Analyzing NWN Stock Performance
During the last five days, there has been a drop of approximately -0.99%. Over the course of the year, Northwest Natural Holding Co shares have dropped approximately -0.99%. Shares of the company reached a 52-week high of $39.98 on 01/02/25 and a 52-week low of $38.27 on 01/07/25. A 50-day SMA is recorded $40.93, while a 200-day SMA reached $38.90. Nevertheless, trading volume fell to 0.13 million shares from 0.17 million shares the previous day.
Support And Resistance Levels for Northwest Natural Holding Co (NWN)
According to the 24-hour chart, there is a support level at 38.59, which, if violated, would cause prices to drop to 38.00. In the upper region, resistance lies at 39.50. The next price resistance is at 39.82. RSI (Relative Strength Index) is 38.68 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at -0.57, which suggests the price will decrease in the coming days. Percent R is at 69.44%, indicating low price movement. Stochastics %K at buying indicates that the stock is to be held.
