Conoco Phillips’s recently made public that its Director Murti Arjun N acquired Company’s shares for reported $0.24 million on Dec 20 ’24. In the deal valued at $95.87 per share,2,500 shares were bought. As a result of this transaction, Murti Arjun N now holds 21,500 shares worth roughly $2.11 million.
Then, WALKER R A bought 10,400 shares, generating $1,017,161 in total proceeds. Upon buying the shares at $97.80, the Director now owns 38,000 shares.
Before that, LEACH TIMOTHY A sold 55,500 shares. Conoco Phillips shares valued at $6,000,255 were divested by the Director at a price of $108.11 per share. As a result of the transaction, LEACH TIMOTHY A now holds 455,909 shares, worth roughly $44.65 million.
Raymond James downgraded its Conoco Phillips [COP] rating to an Outperform from a a Strong buy in a research note published on February 10, 2025; the price target was decreased to $124 from $157. A number of analysts have revised their coverage, including TD Cowen’s analysts, who began to cover the stock in mid January with a ‘”a Buy”‘ rating. Mizuho also remained covering COP and has increased its forecast on December 16, 2024 with a “an Outperform” recommendation from previously “Neutral” rating. Morgan Stanley started covering the stock on December 16, 2024. It rated COP as “an Overweight”.
Price Performance Review of COP
On Friday, Conoco Phillips [NYSE:COP] saw its stock fall -3.98% to $97.94. Over the last five days, the stock has gained 1.07%. Conoco Phillips shares have fallen nearly -1.24% since the year began. Nevertheless, the stocks have fallen -10.28% over the past one year. While a 52-week high of $134.71 was reached on 01/16/25, a 52-week low of $94.23 was recorded on 02/18/25. SMA at 50 days reached $100.32, while 200 days put it at $108.39.
Levels Of Support And Resistance For COP Stock
The 24-hour chart illustrates a support level at 96.63, which if violated will result in even more drops to 95.31. On the upside, there is a resistance level at 100.41. A further resistance level may holdings at 102.88. The Relative Strength Index (RSI) on the 14-day chart is 44.65, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 0.75, which suggests price will go down in the next trading period. Percent R suggests that price movement has been low at 63.78%. Stochastics %K at 62.15% indicates the stock is a holding.
