Investors can speculate about the future of a stock by watching how its insiders buy and sell stocks. Entergy Corp shares valued at $450,147 were sold by RODRIGUEZ DEANNA D. on Dec 13 ’24. At $73.94 per share, RODRIGUEZ DEANNA D. sold 6,088 shares. The insider’s holdings dropped to 3,952 shares worth approximately $0.33 million following the completion of this transaction.
Also, RODRIGUEZ DEANNA D. purchased 6,088 shares, netting a total of over 450,147 in proceeds.
Before that, VIAMONTES ELIECER had sold 164 shares from its account. In a trade valued at $25,746, the “Officer” Under Sec. 16 Rules traded Entergy Corp shares for $156.99 each. Upon closing the transaction, the insider’s holdings decreased to 164 shares, worth approximately $0.33 million.
As published in a research note from Ladenburg Thalmann on January 30, 2025, Entergy Corp [ETR] has been rated up from a Neutral to a Buy and the price target has been revised to $86.50. Analysts at KeyBanc Capital Markets downgraded the stock from ‘”an Overweight”‘ to ‘”a Sector weight”‘ outlook in a report released in early December. As of November 04, 2024, Morgan Stanley has increased its “an Underweight” rating to a “an Equal-weight” for ETR. Earlier on November 04, 2024, BofA Securities downgraded its rating. Their new recommendation was “a Neutral” for ETR stock which previously was a “a Buy”.
Analyzing ETR Stock Performance
During the last five days, there has been a surge of approximately 0.56%. Over the course of the year, Entergy Corp shares have jumped approximately 9.80%. Shares of the company reached a 52-week high of $84.26 on 01/21/25 and a 52-week low of $74.77 on 01/02/25. A 50-day SMA is recorded $78.04, while a 200-day SMA reached $65.31. Nevertheless, trading volume fell to 2.25 million shares from 2.68 million shares the previous day.
Support And Resistance Levels for Entergy Corp (ETR)
According to the 24-hour chart, there is a support level at 82.42, which, if violated, would cause prices to drop to 81.60. In the upper region, resistance lies at 83.88. The next price resistance is at 84.52. RSI (Relative Strength Index) is 63.02 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at 1.33, which suggests the price will increase in the coming days. Percent R is at 5.41%, indicating bullish price movement. Stochastics %K at selling indicates that the stock is to be held.
