Quanta Services, Inc’s recent filing unveils that its President, Electric Power Studer Karl W unloaded Company’s shares for reported $6.32 million on Aug 21 ’24. In the deal valued at $270.51 per share,23,357 shares were sold. As a result of this transaction, Studer Karl W now holds 10,631 shares worth roughly $2.86 million.
Then, Studer Karl W bought 15,538 shares, generating $4,205,099 in total proceeds.
Before that, Karl W Studer bought 7,819 shares. Quanta Services, Inc shares valued at $2,097,436 were divested by the Officer at a price of $268.25 per share.
ROTH MKM initiated its Quanta Services, Inc [PWR] rating to a Buy in a research note published on February 21, 2025; the price target was $350. A number of analysts have revised their coverage, including BMO Capital Markets’s analysts, who began to cover the stock in early February with a ‘”an Outperform”‘ rating. BofA Securities began covering PWR with “Buy” recommendation on January 24, 2025. Guggenheim started covering the stock on January 08, 2025. It rated PWR as “a Neutral”.
Price Performance Review of PWR
On Friday, Quanta Services, Inc [NYSE:PWR] saw its stock fall -4.20% to $269.36. Over the last five days, the stock has lost -7.39%. Quanta Services, Inc shares have fallen nearly -14.77% since the year began. Nevertheless, the stocks have risen 28.76% over the past one year. While a 52-week high of $365.88 was reached on 01/22/25, a 52-week low of $206.58 was recorded on 02/21/25. SMA at 50 days reached $317.43, while 200 days put it at $292.27.
Levels Of Support And Resistance For PWR Stock
The 24-hour chart illustrates a support level at 261.15, which if violated will result in even more drops to 252.94. On the upside, there is a resistance level at 284.28. A further resistance level may holdings at 299.20. The Relative Strength Index (RSI) on the 14-day chart is 30.63, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -15.00, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 97.15%. Stochastics %K at 13.97% indicates the stock is a buying.
The most recent change occurred on December 06, 2024 when Daiwa Securities began covering the stock and recommended ‘”an Outperform”‘ rating along with a $355 price target.
