PPL Corp’s recent filing unveils that its President of a PPL Subsidiary Crockett John R III unloaded Company’s shares for reported $52628.0 on Jan 27 ’25. In the deal valued at $33.12 per share,1,589 shares were sold. As a result of this transaction, Crockett John R III now holds 10,845 shares worth roughly $0.36 million.
Then, Henninger Tadd J sold 1,424 shares, generating $47,676 in total proceeds. Upon selling the shares at $33.48, the SVP-Finance and Treasurer now owns 11,259 shares.
Before that, Bonenberger David J sold 981 shares. PPL Corp shares valued at $32,844 were divested by the SVP & COO-Utilities of PPL Sub at a price of $33.48 per share. As a result of the transaction, Bonenberger David J now holds 45,414 shares, worth roughly $1.53 million.
BMO Capital Markets initiated its PPL Corp [PPL] rating to an Outperform in a research note published on December 11, 2024; the price target was $36. A number of analysts have revised their coverage, including JP Morgan’s analysts, who began to cover the stock in late October with a ‘”an Overweight”‘ rating. Jefferies began covering PPL with “Buy” recommendation on September 20, 2024. Argus revised its rating on March 08, 2024. It rated PPL as “a Buy” which previously was an “a Hold”.
Price Performance Review of PPL
On Friday, PPL Corp [NYSE:PPL] saw its stock jump 0.39% to $33.60. Over the last five days, the stock has gained 2.19%. PPL Corp shares have risen nearly 3.51% since the year began. Nevertheless, the stocks have risen 29.13% over the past one year. While a 52-week high of $35.15 was reached on 01/21/25, a 52-week low of $25.35 was recorded on 01/13/25. SMA at 50 days reached $33.05, while 200 days put it at $30.94.
Levels Of Support And Resistance For PPL Stock
The 24-hour chart illustrates a support level at 33.43, which if violated will result in even more drops to 33.25. On the upside, there is a resistance level at 33.70. A further resistance level may holdings at 33.79. The Relative Strength Index (RSI) on the 14-day chart is 58.78, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 0.40, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bullish at 7.39%. Stochastics %K at 79.64% indicates the stock is a holding.
How much short interest is there in PPL Corp?
A steep rise in short interest was recorded in PPL Corp stocks on 2025-01-15, growing by 2.56 million shares to a total of 17.27 million shares. Yahoo Finance data shows the prior-month short interest on 2024-12-13 was 14.71 million shares. There was a rise of 14.82%, which implies that there is a positive sentiment for the stock.
