Entergy Corp’s recent filing unveils that its “Officer” Under Sec. 16 Rules RODRIGUEZ DEANNA D. unloaded Company’s shares for reported $0.45 million on Dec 13 ’24. In the deal valued at $73.94 per share,6,088 shares were sold. As a result of this transaction, RODRIGUEZ DEANNA D. now holds 3,952 shares worth roughly $ 0.33 million.
Then, RODRIGUEZ DEANNA D. bought 6,088 shares, generating $450,147 in total proceeds.
Before that, VIAMONTES ELIECER sold 164 shares. Entergy Corp shares valued at $25,746 were divested by the “Officer” Under Sec. 16 Rules at a price of $156.99 per share. As a result of the transaction, VIAMONTES ELIECER now holds 4,009 shares, worth roughly $0.33 million.
Ladenburg Thalmann upgraded its Entergy Corp [ETR] rating to a Buy from a a Neutral in a research note published recently. A number of analysts have revised their coverage, including KeyBanc Capital Markets’s analysts, who decreased its forecast for the stock in early December from “an Overweight” to “a Sector weight”. Morgan Stanley also remained covering ETR and has increased its forecast on November 04, 2024 with a “an Equal-weight” recommendation from previously “an Underweight” rating. BofA Securities revised its rating on November 04, 2024. It rated ETR as “a Neutral” which previously was an “a Buy”.
Price Performance Review of ETR
On Friday, Entergy Corp [NYSE:ETR] saw its stock fall -0.91% to $82.49. Over the last five days, the stock has gained 0.11%. Entergy Corp shares have risen nearly 8.80% since the year began. Nevertheless, the stocks have risen 67.92% over the past one year. While a 52-week high of $84.26 was reached on 02/14/25, a 52-week low of $48.81 was recorded on 01/02/25. SMA at 50 days reached $78.16, while 200 days put it at $65.46.
Levels Of Support And Resistance For ETR Stock
The 24-hour chart illustrates a support level at 81.81, which if violated will result in even more drops to 81.12. On the upside, there is a resistance level at 83.82. A further resistance level may holdings at 85.14. The Relative Strength Index (RSI) on the 14-day chart is 58.81, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 1.22, which suggests price will go up in the next trading period. Percent R suggests that price movement has been bullish at 22.11%. Stochastics %K at 88.17% indicates the stock is a selling.
How much short interest is there in Entergy Corp?
A steep rise in short interest was recorded in Entergy Corp stocks on 2025-01-31, growing by 0.97 million shares to a total of 7.56 million shares. Yahoo Finance data shows the prior-month short interest on 2024-12-31 was 6.59 million shares. There was a rise of 12.85%, which implies that there is a positive sentiment for the stock.
