CMS Energy Corporation’s recent filing unveils that its VP, Controller, CAO McIntosh Scott B unloaded Company’s shares for reported $0.47 million on Feb 13 ’25. In the deal valued at $69.76 per share,6,700 shares were sold. As a result of this transaction, McIntosh Scott B now holds 21,643 shares worth roughly $ 1.51 million.
Then, RUSSELL JOHN G sold 28,750 shares, generating $1,893,187 in total proceeds. Upon selling the shares at $65.85, the Director now owns 144,059 shares.
Before that, Hofmeister Brandon J. sold 2,000 shares. CMS Energy Corporation shares valued at $134,443 were divested by the Senior Vice President at a price of $67.22 per share. As a result of the transaction, Hofmeister Brandon J. now holds 63,197 shares, worth roughly $4.39 million.
Guggenheim downgraded its CMS Energy Corporation [CMS] rating to a Neutral from a a Buy in a research note published recently. A number of analysts have revised their coverage, including Jefferies’s analysts, who began to cover the stock in early November with a ‘”a Buy”‘ rating. Mizuho also remained covering CMS and has decreased its forecast on October 15, 2024 with a “Neutral” recommendation from previously “an Outperform” rating. UBS revised its rating on April 04, 2024. It rated CMS as “a Neutral” which previously was an “a Buy”.
Price Performance Review of CMS
On Tuesday, CMS Energy Corporation [NYSE:CMS] saw its stock jump 1.06% to $69.54. Over the last five days, the stock has gained 0.52%. CMS Energy Corporation shares have risen nearly 4.34% since the year began. Nevertheless, the stocks have risen 23.25% over the past one year. While a 52-week high of $72.40 was reached on 02/13/25, a 52-week low of $56.31 was recorded on 01/13/25. SMA at 50 days reached $67.01, while 200 days put it at $65.97.
Levels Of Support And Resistance For CMS Stock
The 24-hour chart illustrates a support level at 69.00, which if violated will result in even more drops to 68.46. On the upside, there is a resistance level at 69.99. A further resistance level may holdings at 70.43. The Relative Strength Index (RSI) on the 14-day chart is 61.85, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 1.45, which suggests price will go up in the next trading period. Percent R suggests that price movement has been bullish at 10.08%. Stochastics %K at 79.90% indicates the stock is a holding.
