In a filing, Alliant Energy Corp revealed its President and CEO Barton Lisa M acquired Company’s shares for reported $53416.0 on Feb 20 ’24. In the deal valued at $48.56 per share,1,100 shares were bought. As a result of this transaction, Barton Lisa M now holds 36,444 shares worth roughly $2.19 million.
Then, Sundararajan Raja bought 500 shares, generating $24,128 in total proceeds. Upon buying the shares at $48.26, the Executive Vice President now owns 10,556 shares.
Scotiabank downgraded its Alliant Energy Corp [LNT] rating to a Sector perform from a a Sector outperform in a research note published on December 12, 2024; the price target was increased to $67 from $64. A number of analysts have revised their coverage, including Jefferies’s analysts, who began to cover the stock in mid September with a ‘”a Hold”‘ rating. Ladenburg Thalmann also remained covering LNT and has increased its forecast on August 13, 2024 with a “Buy” recommendation from previously “Neutral” rating. BMO Capital Markets revised its rating on January 11, 2024. It rated LNT as “a Market perform” which previously was an “an Outperform”.
Price Performance Review of LNT
On Monday, Alliant Energy Corp [NASDAQ:LNT] saw its stock jump 2.09% to $60.00. Over the last five days, the stock has lost -0.91%. Alliant Energy Corp shares have risen nearly 1.45% since the year began. Nevertheless, the stocks have risen 24.64% over the past one year. While a 52-week high of $64.19 was reached on 01/21/25, a 52-week low of $46.80 was recorded on 01/13/25. SMA at 50 days reached $60.15, while 200 days put it at $56.30.
Levels Of Support And Resistance For LNT Stock
The 24-hour chart illustrates a support level at 58.86, which if violated will result in even more drops to 57.73. On the upside, there is a resistance level at 60.58. A further resistance level may holdings at 61.17. The Relative Strength Index (RSI) on the 14-day chart is 54.46, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 0.51, which suggests price will go down in the next trading period. Percent R suggests that price movement has been low at 34.28%. Stochastics %K at 50.68% indicates the stock is a holding.
How much short interest is there in Alliant Energy Corp?
A steep rise in short interest was recorded in Alliant Energy Corp stocks on 2024-12-31, growing by 0.96 million shares to a total of 8.04 million shares. Yahoo Finance data shows the prior-month short interest on 2024-11-29 was 7.08 million shares. There was a rise of 11.97%, which implies that there is a positive sentiment for the stock.
