The buying and selling of stock by a company’s insider give investors a sense that the stock will rise or fall in the future. Exxon Mobil Corp shares valued at $231,000 were sold by Talley Darrin L on Feb 04 ’25. At $110.00 per share, Talley Darrin L sold 2,100 shares. The insider’s holdings dropped to 18,087 shares worth approximately $1.99 million following the completion of this transaction.
Also, Dreyfus Maria S. purchased 18,310 shares, netting a total of over 2,000,386 in proceeds. Following the buying of shares at $109.25 each, the insider now holds 35,757 shares.
Before that, Talley Darrin L had sold 2,426 shares from its account. In a trade valued at $288,730, the Vice President traded Exxon Mobil Corp shares for $119.01 each. Upon closing the transaction, the insider’s holdings decreased to 2,426 shares, worth approximately $2.8 million.
As published in a research note from TD Cowen on December 16, 2024, Exxon Mobil Corp [XOM] has been retained to a Buy and the price target has been revised to $128. Analysts at TD Cowen resumed the stock at ‘”a Buy”‘ outlook in a report released in mid November. As of November 04, 2024, TD Cowen has reiterated its “Buy” rating for XOM.
Analyzing XOM Stock Performance
During the last five days, there has been a drop of approximately -1.23%. Over the course of the year, Exxon Mobil Corp shares have jumped approximately 2.54%. Shares of the company reached a 52-week high of $112.87 on 01/17/25 and a 52-week low of $105.32 on 02/03/25. A 50-day SMA is recorded $109.10, while a 200-day SMA reached $114.77. Nevertheless, trading volume fell to 10.96 million shares from 20.06 million shares the previous day.
Support And Resistance Levels for Exxon Mobil Corp (XOM)
According to the 24-hour chart, there is a support level at 109.53, which, if violated, would cause prices to drop to 108.75. In the upper region, resistance lies at 111.60. The next price resistance is at 112.90. RSI (Relative Strength Index) is 52.78 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at 0.46, which suggests the price will decrease in the coming days. Percent R is at 30.75%, indicating low price movement. Stochastics %K at holding indicates that the stock is to be held.
