Sempra’s filing revealed that its Chairman, CEO and President Martin Jeffrey W unloaded Company’s shares for reported $4.13 million on Jan 30 ’25. In the deal valued at $82.94 per share,49,737 shares were sold. As a result of this transaction, Martin Jeffrey W now holds 2 shares worth roughly $164.42.
Then, Martin Jeffrey W bought 49,737 shares, generating $4,124,982 in total proceeds.
Before that, WALL PETER R bought 3,923 shares. Sempra shares valued at $325,659 were divested by the Officer at a price of $83.01 per share.
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 Monday, Sempra [NYSE:SRE] saw its stock jump 0.28% to $82.21. Over the last five days, the stock has lost -0.46%. Sempra shares have fallen nearly -6.28% since the year began. Nevertheless, the stocks have risen 17.36% 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 $85.79, while 200 days put it at $81.69.
Levels Of Support And Resistance For SRE Stock
The 24-hour chart illustrates a support level at 81.36, which if violated will result in even more drops to 80.52. On the upside, there is a resistance level at 82.92. A further resistance level may holdings at 83.64. The Relative Strength Index (RSI) on the 14-day chart is 44.98, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -0.27, which suggests price will go down in the next trading period. Percent R suggests that price movement has been low at 67.11%. Stochastics %K at 28.38% 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 2025-01-15, dropping by -7.7 million shares to a total of 8.4 million shares. Yahoo Finance data shows the prior-month short interest on 2024-12-13 was 16.1 million shares. There was a decline of -91.76%, 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.
