Investors can expect a company’s stock to rise or fall based on the buying and selling of stock by its insiders. Gulfport Energy Corp shares valued at $157,637 were sold by Martinez Jason Joseph on Dec 31 ’24. At $181.61 per share, Martinez Jason Joseph sold 868 shares. The insider’s holdings dropped to 4,818 shares worth approximately $0.9 million following the completion of this transaction.
Also, Silver Point Capital L.P. sold 529,410 shares, netting a total of over 86,193,242 in proceeds. Following the sale of shares at $162.81 each, the insider now holds 3,110,562 shares.
Before that, Silver Point Capital L.P. had sold 125,000 shares from its account. In a trade valued at $22,125,000, the Director traded Gulfport Energy Corp shares for $177.00 each. Upon closing the transaction, the insider’s holdings decreased to 125,000 shares, worth approximately $683.22 million.
As published in a research note from Wolfe Research on January 03, 2025, Gulfport Energy Corp [GPOR] has been rated up from a Peer perform to an Outperform and the price target has been revised to $207. Analysts at Evercore ISI downgraded the stock from ‘”an Outperform”‘ to ‘”an In-line”‘ outlook in a report released in early October. As of August 05, 2024, KeyBanc Capital Markets has increased its “Sector weight” rating to a “an Overweight” for GPOR. Earlier on July 18, 2024, Wolfe Research initiated its rating. Their recommendation was “a Peer perform” for GPOR stock.
Analyzing GPOR Stock Performance
During the last five days, there has been a surge of approximately 1.90%. Over the course of the year, Gulfport Energy Corp shares have jumped approximately 1.90%. Shares of the company reached a 52-week high of $192.70 on 01/06/25 and a 52-week low of $180.25 on 01/02/25. A 50-day SMA is recorded $167.99, while a 200-day SMA reached $155.53. Nevertheless, trading volume fell to 0.22 million shares from 0.36 million shares the previous day.
Support And Resistance Levels for Gulfport Energy Corp (GPOR)
According to the 24-hour chart, there is a support level at 184.88, which, if violated, would cause prices to drop to 182.06. In the upper region, resistance lies at 189.64. The next price resistance is at 191.57. RSI (Relative Strength Index) is 70.33 on the 14-day chart, showing overbought technical sentiment. Moving Average Convergence Divergence (MACD) is at 9.85, which suggests the price will increase in the coming days. Percent R is at 17.67%, indicating bullish price movement. Stochastics %K at holding indicates that the stock is to be held.
