Public Service Enterprise Group Inc’s filing revealed that its Director Stephenson Scott G unloaded Company’s shares for reported $12268.0 on Jan 17 ’25. In the deal valued at $88.26 per share,139 shares were sold. As a result of this transaction, Stephenson Scott G now holds 0 shares worth roughly $0.0.
Then, LaRossa Ralph A sold 1,378 shares, generating $114,509 in total proceeds. Upon selling the shares at $83.10, the Chair, President and CEO now owns 126,791 shares.
Before that, LaRossa Ralph A sold 1,378 shares. Public Service Enterprise Group Inc shares valued at $117,009 were divested by the Chair, President and CEO at a price of $84.91 per share. As a result of the transaction, LaRossa Ralph A now holds 144,212 shares, worth roughly $12.17 million.
Barclays downgraded its Public Service Enterprise Group Inc [PEG] rating to an Equal weight from a an Overweight in a research note published on January 27, 2025; the price target was decreased to $84 from $88. A number of analysts have revised their coverage, including Jefferies’s analysts, who began to cover the stock in mid September with a ‘”a Hold”‘ rating. Guggenheim also remained covering PEG and has increased its forecast on June 17, 2024 with a “Buy” recommendation from previously “Neutral” rating. Guggenheim revised its rating on January 22, 2024. It rated PEG as “a Neutral” which previously was an “a Buy”.
Price Performance Review of PEG
On Friday, Public Service Enterprise Group Inc [NYSE:PEG] saw its stock jump 0.48% to $84.36. Over the last five days, the stock has gained 0.79%. Public Service Enterprise Group Inc shares have fallen nearly -0.15% since the year began. Nevertheless, the stocks have risen 37.98% over the past one year. While a 52-week high of $95.22 was reached on 01/22/25, a 52-week low of $59.29 was recorded on 01/27/25. SMA at 50 days reached $85.02, while 200 days put it at $82.38.
Levels Of Support And Resistance For PEG Stock
The 24-hour chart illustrates a support level at 83.49, which if violated will result in even more drops to 82.61. On the upside, there is a resistance level at 84.96. A further resistance level may holdings at 85.55. The Relative Strength Index (RSI) on the 14-day chart is 48.33, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 0.20, which suggests price will go down in the next trading period. Percent R suggests that price movement has been low at 48.47%. Stochastics %K at 53.48% indicates the stock is a holding.
The most recent change occurred on August 23, 2023 when Barclays began covering the stock and recommended ‘”an Overweight”‘ rating along with a $64 price target.
