In a filing, CMS Energy Corporation revealed its Director RUSSELL JOHN G unloaded Company’s shares for reported $1.89 million on Dec 19 ’24. In the deal valued at $65.85 per share,28,750 shares were sold. As a result of this transaction, RUSSELL JOHN G now holds 144,059 shares worth roughly $9.38 million.
Then, Hofmeister Brandon J. sold 2,000 shares, generating $134,443 in total proceeds. Upon selling the shares at $67.22, the Senior Vice President now owns 63,197 shares.
Before that, Hofmeister Brandon J. bought 2,000 shares. CMS Energy Corporation shares valued at $134,630 were divested by the Officer at a price of $67.31 per share.
Jefferies initiated its CMS Energy Corporation [CMS] rating to a Buy in a research note published on November 05, 2024; the price target was $76. A number of analysts have revised their coverage, including Mizuho’s analysts, who decreased its forecast for the stock in mid October from “an Outperform” to “a Neutral”. UBS also remained covering CMS and has decreased its forecast on April 04, 2024 with a “Neutral” recommendation from previously “Buy” rating. Guggenheim revised its rating on February 02, 2024. It rated CMS as “a Buy” which previously was an “a Neutral”.
Price Performance Review of CMS
On Friday, CMS Energy Corporation [NYSE:CMS] saw its stock fall -1.83% to $65.09. Over the last five days, the stock has lost -2.16%. CMS Energy Corporation shares have fallen nearly -2.34% since the year began. Nevertheless, the stocks have risen 9.63% over the past one year. While a 52-week high of $72.40 was reached on 01/02/25, a 52-week low of $55.10 was recorded on 01/10/25. SMA at 50 days reached $67.70, while 200 days put it at $64.95.
Levels Of Support And Resistance For CMS Stock
The 24-hour chart illustrates a support level at 64.55, which if violated will result in even more drops to 64.00. On the upside, there is a resistance level at 66.06. A further resistance level may holdings at 67.02. The Relative Strength Index (RSI) on the 14-day chart is 35.61, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -0.64, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 95.22%. Stochastics %K at 32.66% indicates the stock is a holding.
How much short interest is there in CMS Energy Corporation?
A steep rise in short interest was recorded in CMS Energy Corporation stocks on 2024-12-13, dropping by -0.46 million shares to a total of 7.55 million shares. Yahoo Finance data shows the prior-month short interest on 2024-11-15 was 8.01 million shares. There was a decline of -6.05%, which implies that there is a negative sentiment for the stock.
