Investors can speculate about the future of a stock by watching how its insiders buy and sell stocks. Sempra shares valued at $4,125,187 were sold by Martin Jeffrey W on Jan 30 ’25. At $82.94 per share, Martin Jeffrey W sold 49,737 shares. The insider’s holdings dropped to 2 shares worth approximately $164.6 following the completion of this transaction.
Also, Martin Jeffrey W purchased 49,737 shares, netting a total of over 4,124,982 in proceeds.
Before that, WALL PETER R had added 3,923 shares to its account. In a trade valued at $325,659, the Officer bought Sempra shares for $83.01 each.
As published in a research note from Morgan Stanley on December 13, 2024, Sempra [SRE] has been rated up from an Equal-weight to an Overweight and the price target has been revised to $98 from $85. Analysts at Jefferies started covering the stock with ‘”a Buy”‘ outlook in a report released in late October. Earlier on January 11, 2024, BMO Capital Markets upgraded its rating. Their new recommendation was “an Outperform” for SRE stock which previously was a “a Market perform”.
Analyzing SRE Stock Performance
During the last five days, there has been a surge of approximately 0.39%. Over the course of the year, Sempra shares have dropped approximately -6.18%. Shares of the company reached a 52-week high of $88.65 on 01/02/25 and a 52-week low of $76.72 on 01/13/25. A 50-day SMA is recorded $86.54, while a 200-day SMA reached $81.52. Nevertheless, trading volume fell to 2.67 million shares from 3.76 million shares the previous day.
Support And Resistance Levels for Sempra (SRE)
According to the 24-hour chart, there is a support level at 81.67, which, if violated, would cause prices to drop to 81.05. In the upper region, resistance lies at 82.75. The next price resistance is at 83.20. RSI (Relative Strength Index) is 44.99 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at -0.92, which suggests the price will decrease in the coming days. Percent R is at 69.96%, indicating low price movement. Stochastics %K at holding indicates that the stock is to be held.
