KD Logo

NI (NiSource Inc) may reap gains as insiders became active recently

NiSource Inc’s filing revealed that its VP & Chief Accounting Officer Gode Gunnar unloaded Company’s shares for reported $0.22 million on Feb 14 ’25. In the deal valued at $39.92 per share,5,500 shares were sold. As a result of this transaction, Gode Gunnar now holds 24,758 shares worth roughly $ 0.99 million.

Then, Gode Gunnar bought 5,500 shares, generating $219,561 in total proceeds.

Before that, Anderson Shawn sold 6,730 shares. NiSource Inc shares valued at $216,975 were divested by the EVP & CFO at a price of $32.24 per share. As a result of the transaction, Anderson Shawn now holds 165,281 shares, worth roughly $6.59 million.

A number of analysts have revised their coverage, including Mizuho’s analysts, who began to cover the stock in mid July with a ‘”an Outperform”‘ rating. Barclays began covering NI with “an Overweight” recommendation on January 22, 2024. Ladenburg Thalmann started covering the stock on October 06, 2023. It rated NI as “a Buy”.

Price Performance Review of NI

On Tuesday, NiSource Inc [NYSE:NI] saw its stock jump 0.45% to $39.86. Over the last five days, the stock has gained 4.59%. NiSource Inc shares have risen nearly 8.43% since the year began. Nevertheless, the stocks have risen 57.05% over the past one year. While a 52-week high of $39.99 was reached on 02/14/25, a 52-week low of $25.45 was recorded on 01/06/25. SMA at 50 days reached $37.15, while 200 days put it at $33.37.

Levels Of Support And Resistance For NI Stock

The 24-hour chart illustrates a support level at 39.55, which if violated will result in even more drops to 39.25. On the upside, there is a resistance level at 40.05. A further resistance level may holdings at 40.25. The Relative Strength Index (RSI) on the 14-day chart is 70.23, which indicates overbought technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 1.47, which suggests price will go up in the next trading period. Percent R suggests that price movement has been bullish at 3.67%. Stochastics %K at 93.70% indicates the stock is a selling.

Most Popular