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. NorthWestern Energy Group Inc shares valued at $384,430 were sold by Clark Anthony Thomas on Dec 12 ’24. At $51.95 per share, Clark Anthony Thomas sold 7,400 shares. The insider’s holdings dropped to 16,816 shares worth approximately $0.88 million following the completion of this transaction.
Also, Clark Anthony Thomas purchased 7,400 shares, netting a total of over 386,872 in proceeds.
Before that, Ide Britt E had added 700 shares to its account. In a trade valued at $37,471, the Director bought NorthWestern Energy Group Inc shares for $53.53 each.
As published in a research note from Barclays on December 19, 2024, NorthWestern Energy Group Inc [NWE] has been rated up from an Underweight to an Overweight and the price target has been revised to $56 from $53. As of January 22, 2024, Guggenheim has increased its “Sell” rating to a “Neutral” for NWE. Earlier on January 04, 2024, KeyBanc Capital Markets downgraded its rating. Their new recommendation was “a Sector weight” for NWE stock which previously was a “an Overweight”.
Analyzing NWE Stock Performance
During the last five days, there has been a drop of approximately -1.87%. Over the course of the year, NorthWestern Energy Group Inc shares have dropped approximately -1.87%. Shares of the company reached a 52-week high of $53.83 on 01/02/25 and a 52-week low of $51.35 on 01/08/25. A 50-day SMA is recorded $53.70, while a 200-day SMA reached $52.71. Nevertheless, trading volume fell to 0.29 million shares from 0.33 million shares the previous day.
Support And Resistance Levels for NorthWestern Energy Group Inc (NWE)
According to the 24-hour chart, there is a support level at 51.70, which, if violated, would cause prices to drop to 50.95. In the upper region, resistance lies at 52.86. The next price resistance is at 53.26. RSI (Relative Strength Index) is 46.32 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at -0.63, which suggests the price will decrease in the coming days. Percent R is at 41.24%, indicating low price movement. Stochastics %K at holding indicates that the stock is to be held.
