Targa Resources Corp’s recent filing unveils that its Chief Commercial Officer Muraro Robert unloaded Company’s shares for reported $0.51 million on Dec 02 ’24. In the deal valued at $202.29 per share,2,500 shares were sold. As a result of this transaction, Muraro Robert now holds 171,951 shares worth roughly $ 36.02 million.
Then, Muraro Robert bought 2,500 shares, generating $510,750 in total proceeds.
Before that, Boushka Julie H. sold 10,000 shares. Targa Resources Corp shares valued at $1,905,214 were divested by the Senior VP and CAO at a price of $190.52 per share. As a result of the transaction, Boushka Julie H. now holds 25,143 shares, worth roughly $5.27 million.
Scotiabank started covering the stock on March 02, 2023. It rated TRGP as “a Sector outperform”.
Price Performance Review of TRGP
On Tuesday, Targa Resources Corp [NYSE:TRGP] saw its stock jump 1.99% to $209.45. Over the last five days, the stock has gained 1.69%. Targa Resources Corp shares have risen nearly 17.34% since the year began. Nevertheless, the stocks have risen 137.10% over the past one year. While a 52-week high of $218.51 was reached on 01/22/25, a 52-week low of $88.50 was recorded on 01/02/25. SMA at 50 days reached $194.51, while 200 days put it at $157.93.
Levels Of Support And Resistance For TRGP Stock
The 24-hour chart illustrates a support level at 206.85, which if violated will result in even more drops to 204.25. On the upside, there is a resistance level at 210.92. A further resistance level may holdings at 212.38. The Relative Strength Index (RSI) on the 14-day chart is 59.13, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 3.54, which suggests price will go up in the next trading period. Percent R suggests that price movement has been bullish at 2.28%. Stochastics %K at 83.53% indicates the stock is a selling.
The most recent change occurred on December 09, 2022 when Citigroup began covering the stock and recommended ‘”a Buy”‘ rating along with a $95 price target.
