Investors can expect a company’s stock to rise or fall based on the buying and selling of stock by its insiders. Sempra shares valued at $225,717 were sold by Larroque Alexander Lisa on Feb 11 ’25. At $81.93 per share, Larroque Alexander Lisa sold 2,755 shares. The insider’s holdings dropped to 13,905 shares worth approximately $1.2 million following the completion of this transaction.
Also, Larroque Alexander Lisa purchased 2,755 shares, netting a total of over 225,717 in proceeds.
Before that, Martin Jeffrey W had sold 49,737 shares from its account. In a trade valued at $4,125,187, the Chairman, CEO and President traded Sempra shares for $82.94 each. Upon closing the transaction, the insider’s holdings decreased to 49,737 shares, worth approximately $172.02.
As published in a research note from Morgan Stanley on December 13, 2024, Sempra [SRE] has been rated up from an Equal-weight to an Overweight and the price target has been revised to $98 from $85. Analysts at Jefferies started covering the stock with ‘”a Buy”‘ outlook in a report released in late October. Earlier on January 11, 2024, BMO Capital Markets upgraded its rating. Their new recommendation was “an Outperform” for SRE stock which previously was a “a Market perform”.
Analyzing SRE Stock Performance
During the last five days, there has been a surge of approximately 3.71%. Over the course of the year, Sempra shares have dropped approximately -1.95%. Shares of the company reached a 52-week high of $88.65 on 01/02/25 and a 52-week low of $76.72 on 01/13/25. A 50-day SMA is recorded $84.64, while a 200-day SMA reached $82.12. Nevertheless, trading volume fell to 2.29 million shares from 3.15 million shares the previous day.
Support And Resistance Levels for Sempra (SRE)
According to the 24-hour chart, there is a support level at 84.68, which, if violated, would cause prices to drop to 83.34. In the upper region, resistance lies at 86.84. The next price resistance is at 87.66. RSI (Relative Strength Index) is 60.68 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at 2.05, which suggests the price will increase in the coming days. Percent R is at 6.14%, indicating bullish price movement. Stochastics %K at selling indicates that the stock is to be held.
