In a filing, Coterra Energy Inc revealed its SVP & Chief Technology Officer Smith Kevin William unloaded Company’s shares for reported $0.78 million on Dec 03 ’24. In the deal valued at $26.16 per share,29,643 shares were sold. As a result of this transaction, Smith Kevin William now holds 77,075 shares worth roughly $2.2 million.
Then, Smith Kevin William bought 29,643 shares, generating $775,377 in total proceeds.
Before that, Vela Adam M sold 16,435 shares. Coterra Energy Inc shares valued at $439,801 were divested by the SVP & General Counsel at a price of $26.76 per share. As a result of the transaction, Vela Adam M now holds 72,409 shares, worth roughly $2.07 million.
ROTH MKM upgraded its Coterra Energy Inc [CTRA] rating to a Buy from a a Neutral in a research note published on August 27, 2024; the price target was increased to $29 from $25. Truist revised its rating on May 16, 2024. It rated CTRA as “a Buy” which previously was an “a Hold”.
Price Performance Review of CTRA
On Tuesday, Coterra Energy Inc [NYSE:CTRA] saw its stock jump 0.25% to $28.54. Over the last five days, the stock has gained 1.82%. Coterra Energy Inc shares have risen nearly 11.75% since the year began. Nevertheless, the stocks have risen 16.49% over the past one year. While a 52-week high of $29.95 was reached on 01/17/25, a 52-week low of $22.30 was recorded on 01/02/25. SMA at 50 days reached $26.71, while 200 days put it at $25.86.
Levels Of Support And Resistance For CTRA Stock
The 24-hour chart illustrates a support level at 28.30, which if violated will result in even more drops to 28.07. On the upside, there is a resistance level at 28.82. A further resistance level may holdings at 29.10. The Relative Strength Index (RSI) on the 14-day chart is 58.50, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -0.03, which suggests price will go down in the next trading period. Percent R suggests that price movement has been low at 43.03%. Stochastics %K at 39.37% indicates the stock is a holding.
How much short interest is there in Coterra Energy Inc?
A steep rise in short interest was recorded in Coterra Energy Inc stocks on 2025-01-31, dropping by -1.78 million shares to a total of 18.76 million shares. Yahoo Finance data shows the prior-month short interest on 2024-12-31 was 20.54 million shares. There was a decline of -9.48%, which implies that there is a negative sentiment for the stock.
The most recent change occurred on April 10, 2024 when Barclays began covering the stock and recommended ‘”an Overweight”‘ rating along with a $36 price target.
