Investors can speculate about the future of a stock by watching how its insiders buy and sell stocks. Dominion Energy Inc shares valued at $99,998 were purchased by RIGBY JOSEPH M on Mar 06 ’24. At $46.94 per share, RIGBY JOSEPH M acquired 2,130 shares. The insider’s holdings grew to 8,417 shares worth approximately $0.45 million following the completion of this transaction.
Also, BLUE ROBERT M purchased 21,735 shares, netting a total of over 997,891 in proceeds. Following the buying of shares at $45.91 each, the insider now holds 176,240 shares.
As of September 20, 2024, Jefferies has initiated its “Hold” rating for D. Earlier on May 10, 2024, BofA Securities upgraded its rating. Their new recommendation was “a Neutral” for D stock which previously was a “an Underperform”.
Analyzing D Stock Performance
During the last five days, there has been a drop of approximately -0.82%. Over the course of the year, Dominion Energy Inc shares have dropped approximately -1.21%. Shares of the company reached a 52-week high of $56.58 on 01/21/25 and a 52-week low of $52.85 on 01/22/25. A 50-day SMA is recorded $55.45, while a 200-day SMA reached $54.36. Nevertheless, trading volume fell to 5.04 million shares from 5.96 million shares the previous day.
Support And Resistance Levels for Dominion Energy Inc (D)
According to the 24-hour chart, there is a support level at 52.77, which, if violated, would cause prices to drop to 52.33. In the upper region, resistance lies at 53.76. The next price resistance is at 54.31. RSI (Relative Strength Index) is 42.62 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at -0.13, which suggests the price will decrease in the coming days. Percent R is at 90.35%, indicating bearish price movement. Stochastics %K at holding indicates that the stock is to be held.
