Targa Resources Corp’s recent filing unveils that its Chief Commercial Officer Muraro Robert unloaded Company’s shares for reported $0.51 million on Dec 02 ’24. In the deal valued at $202.29 per share,2,500 shares were sold. As a result of this transaction, Muraro Robert now holds 171,951 shares worth roughly $34.13 million.
Then, Muraro Robert bought 2,500 shares, generating $510,750 in total proceeds.
Before that, Boushka Julie H. sold 10,000 shares. Targa Resources Corp shares valued at $1,905,214 were divested by the Senior VP and CAO at a price of $190.52 per share. As a result of the transaction, Boushka Julie H. now holds 25,143 shares, worth roughly $4.99 million.
Scotiabank started covering the stock on March 02, 2023. It rated TRGP as “a Sector outperform”.
Price Performance Review of TRGP
On Friday, Targa Resources Corp [NYSE:TRGP] saw its stock fall -0.94% to $198.47. Over the last five days, the stock has lost -3.36%. Targa Resources Corp shares have risen nearly 11.19% since the year began. Nevertheless, the stocks have risen 103.62% over the past one year. While a 52-week high of $218.51 was reached on 01/22/25, a 52-week low of $95.88 was recorded on 01/02/25. SMA at 50 days reached $195.29, while 200 days put it at $159.74.
Levels Of Support And Resistance For TRGP Stock
The 24-hour chart illustrates a support level at 194.38, which if violated will result in even more drops to 190.30. On the upside, there is a resistance level at 203.85. A further resistance level may holdings at 209.24. The Relative Strength Index (RSI) on the 14-day chart is 46.21, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -2.21, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 81.46%. Stochastics %K at 35.76% indicates the stock is a holding.
The most recent change occurred on December 09, 2022 when Citigroup began covering the stock and recommended ‘”a Buy”‘ rating along with a $95 price target.
