In a filing, Sempra revealed its Officer WALL PETER R acquired Company’s shares for reported $0.33 million on Jan 23 ’25. In the deal valued at $83.01 per share,3,923 shares were bought.
Then, WALL PETER R sold 3,923 shares, generating $325,648 in total proceeds. Upon selling the shares at $83.01, the SVP, Controller and CAO now owns 11,867 shares.
Before that, MIHALIK TREVOR I sold 23,713 shares. Sempra shares valued at $2,207,443 were divested by the Executive VP and Group Pres at a price of $93.09 per share. As a result of the transaction, MIHALIK TREVOR I now holds 11,190 shares, worth roughly $0.93 million.
Morgan Stanley upgraded its Sempra [SRE] rating to an Overweight from a an Equal-weight in a research note published on December 13, 2024; the price target was increased to $98 from $85. A number of analysts have revised their coverage, including Jefferies’s analysts, who began to cover the stock in late October with a ‘”a Buy”‘ rating. BMO Capital Markets revised its rating on January 11, 2024. It rated SRE as “an Outperform” which previously was an “a Market perform”.
Price Performance Review of SRE
On Friday, Sempra [NYSE:SRE] saw its stock fall -0.12% to $82.71. Over the last five days, the stock has lost -1.52%. Sempra shares have fallen nearly -5.71% since the year began. Nevertheless, the stocks have risen 15.32% over the past one year. While a 52-week high of $95.77 was reached on 01/02/25, a 52-week low of $66.40 was recorded on 01/13/25. SMA at 50 days reached $88.14, while 200 days put it at $80.98.
Levels Of Support And Resistance For SRE Stock
The 24-hour chart illustrates a support level at 82.21, which if violated will result in even more drops to 81.71. On the upside, there is a resistance level at 83.26. A further resistance level may holdings at 83.81. The Relative Strength Index (RSI) on the 14-day chart is 44.12, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -0.04, which suggests price will go down in the next trading period. Percent R suggests that price movement has been low at 46.66%. Stochastics %K at 51.78% indicates the stock is a holding.
How much short interest is there in Sempra?
A steep rise in short interest was recorded in Sempra stocks on 2024-12-31, dropping by -6.39 million shares to a total of 9.62 million shares. Yahoo Finance data shows the prior-month short interest on 2024-11-29 was 16.01 million shares. There was a decline of -66.37%, which implies that there is a negative sentiment for the stock.
The most recent change occurred on January 03, 2024 when Ladenburg Thalmann began covering the stock and recommended ‘”a Buy”‘ rating along with a $81.50 price target.
