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Keeping an Eye on Evergy Inc (EVRG) After Insider Trading Activity

Evergy Inc’s filing revealed that its SVP & CHIEF TECHNOLOGY OFFICER KING CHARLES L unloaded Company’s shares for reported $0.15 million on Nov 27 ’24. In the deal valued at $65.22 per share,2,300 shares were sold. As a result of this transaction, KING CHARLES L now holds 14,634 shares worth roughly $0.97 million.

Then, Charles Lynn King bought 2,300 shares, generating $149,132 in total proceeds.

Before that, Bryant Kevin E. sold 48,141 shares. Evergy Inc shares valued at $3,029,552 were divested by the EVP – CORPORATE INITIATIVES at a price of $62.93 per share. As a result of the transaction, Bryant Kevin E. now holds 1 shares, worth roughly $66.22.

Guggenheim upgraded its Evergy Inc [EVRG] rating to a Buy from a a Neutral in a research note published recently. A number of analysts have revised their coverage, including Ladenburg Thalmann’s analysts, who increased its forecast for the stock in early January from “a Neutral” to “a Buy”. Mizuho began covering EVRG with “an Outperform” recommendation on October 29, 2024. Jefferies started covering the stock on September 20, 2024. It rated EVRG as “a Buy”.

Price Performance Review of EVRG

On Tuesday, Evergy Inc [NASDAQ:EVRG] saw its stock jump 0.64% to $66.22. Over the last five days, the stock has gained 2.97%. Evergy Inc shares have risen nearly 7.59% since the year began. Nevertheless, the stocks have risen 36.20% over the past one year. While a 52-week high of $65.82 was reached on 02/11/25, a 52-week low of $48.17 was recorded on 01/13/25. SMA at 50 days reached $62.71, while 200 days put it at $59.01.

Levels Of Support And Resistance For EVRG Stock

The 24-hour chart illustrates a support level at 65.48, which if violated will result in even more drops to 64.73. On the upside, there is a resistance level at 66.61. A further resistance level may holdings at 66.99. The Relative Strength Index (RSI) on the 14-day chart is 68.36, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 1.29, which suggests price will go up in the next trading period. Percent R suggests that price movement has been bullish at 0.84%. Stochastics %K at 93.43% indicates the stock is a selling.

How much short interest is there in Evergy Inc?

A steep rise in short interest was recorded in Evergy Inc stocks on 2025-01-31, dropping by 80572.0 shares to a total of 9.6 million shares. Yahoo Finance data shows the prior-month short interest on 2024-12-31 was 9.68 million shares. There was a decline of -0.84%, which implies that there is a negative sentiment for the stock.

The most recent change occurred on April 04, 2024 when Ladenburg Thalmann began covering the stock and recommended ‘”a Neutral”‘ rating along with a $51 price target.

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