Investors can speculate about the future of a stock by watching how its insiders buy and sell stocks. EQT Corp shares valued at $1,351,804 were sold by KARAM THOMAS F on Dec 03 ’24. At $44.83 per share, KARAM THOMAS F sold 30,154 shares. The insider’s holdings dropped to 201,608 shares worth approximately $10.77 million following the completion of this transaction.
Also, KARAM THOMAS F sold 15,768 shares, netting a total of over 708,772 in proceeds. Following the sale of shares at $44.95 each, the insider now holds 0 shares.
Before that, Thomas F. Karam had added 35,000 shares to its account. In a trade valued at $1,560,300, the Director bought EQT Corp shares for $44.58 each.
As published in a research note from Scotiabank on January 17, 2025, EQT Corp [EQT] has been rated down from a Sector outperform to a Sector perform and the price target has been revised to $54. Analysts at Bernstein upgraded the stock from ‘”a Mkt perform”‘ to ‘”an Outperform”‘ outlook in a report released in mid January. As of December 16, 2024, Mizuho has increased its “Neutral” rating to a “an Outperform” for EQT. Earlier on December 06, 2024, Bernstein initiated its rating. Their recommendation was “a Mkt perform” for EQT stock.
Analyzing EQT Stock Performance
During the last five days, there has been a surge of approximately 5.35%. Over the course of the year, EQT Corp shares have jumped approximately 15.81%. Shares of the company reached a 52-week high of $54.85 on 01/22/25 and a 52-week low of $45.92 on 01/02/25. A 50-day SMA is recorded $45.91, while a 200-day SMA reached $38.96. Nevertheless, trading volume fell to 7.68 million shares from 9.93 million shares the previous day.
Support And Resistance Levels for EQT Corp (EQT)
According to the 24-hour chart, there is a support level at 52.90, which, if violated, would cause prices to drop to 52.39. In the upper region, resistance lies at 54.38. The next price resistance is at 55.35. RSI (Relative Strength Index) is 76.61 on the 14-day chart, showing overbought technical sentiment. Moving Average Convergence Divergence (MACD) is at 3.19, which suggests the price will increase in the coming days. Percent R is at 16.22%, indicating bullish price movement. Stochastics %K at selling indicates that the stock is to be held.
