APA Corporation’s recent filing unveils that its Director Ellis Juliet S acquired Company’s shares for reported $0.1 million on Dec 12 ’24. In the deal valued at $22.78 per share,4,391 shares were bought. As a result of this transaction, Ellis Juliet S now holds 12,436 shares worth roughly $0.29 million.
Then, LANNIE P ANTHONY bought 89,501 shares, generating $2,145,212 in total proceeds.
Before that, Rabun Daniel Wayne bought 75,998 shares. APA Corporation shares valued at $2,251,820 were divested by the Director at a price of $29.63 per share.
Wells Fargo downgraded its APA Corporation [APA] rating to an Equal weight from a an Overweight in a research note published on December 17, 2024; the price target was decreased to $25 from $42. Evercore ISI also remained covering APA and has decreased its forecast on June 14, 2024 with a “an In-line” recommendation from previously “an Outperform” rating.
Price Performance Review of APA
On Tuesday, APA Corporation [NASDAQ:APA] saw its stock jump 1.39% to $23.31. Over the last five days, the stock has gained 4.11%. APA Corporation shares have risen nearly 0.95% since the year began. Nevertheless, the stocks have fallen -23.50% over the past one year. While a 52-week high of $36.04 was reached on 01/16/25, a 52-week low of $20.32 was recorded on 02/04/25. SMA at 50 days reached $22.73, while 200 days put it at $26.32.
Levels Of Support And Resistance For APA Stock
The 24-hour chart illustrates a support level at 23.06, which if violated will result in even more drops to 22.81. On the upside, there is a resistance level at 23.66. A further resistance level may holdings at 24.02. The Relative Strength Index (RSI) on the 14-day chart is 54.01, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -0.01, which suggests price will go down in the next trading period. Percent R suggests that price movement has been low at 32.08%. Stochastics %K at 47.38% indicates the stock is a holding.
How much short interest is there in APA Corporation?
A steep rise in short interest was recorded in APA Corporation stocks on 2025-01-31, growing by 4.7 million shares to a total of 26.96 million shares. Yahoo Finance data shows the prior-month short interest on 2024-12-31 was 22.26 million shares. There was a rise of 17.45%, which implies that there is a positive sentiment for the stock.
The most recent change occurred on April 10, 2024 when Barclays began covering the stock and recommended ‘”an Equal weight”‘ rating along with a $40 price target.
