TXNM Energy Inc’s recently made public that its Director BECKER NORMAN P. unloaded Company’s shares for reported $0.11 million on Nov 21 ’24. In the deal valued at $48.42 per share,2,300 shares were sold. As a result of this transaction, BECKER NORMAN P. now holds 25,378 shares worth roughly $1.33 million.
Then, BECKER NORMAN P. bought 3,750 shares, generating $181,313 in total proceeds.
Before that, PATRICK APODACA bought 5,749 shares. TXNM Energy Inc shares valued at $273,069 were divested by the Officer at a price of $47.50 per share.
Evercore ISI upgraded its TXNM Energy Inc [TXNM] rating to an Outperform from a an In-line in a research note published on February 11, 2025; the price target was increased to $54 from $51. A number of analysts have revised their coverage, including Scotiabank’s analysts, who began to cover the stock in early October with a ‘”a Sector perform”‘ rating. Jefferies began covering TXNM with “Buy” recommendation on October 02, 2024.
Price Performance Review of TXNM
On Tuesday, TXNM Energy Inc [NYSE:TXNM] saw its stock fall -0.15% to $52.23. Over the last five days, the stock has gained 3.63%. TXNM Energy Inc shares have risen nearly 6.22% since the year began. Nevertheless, the stocks have risen 38.98% over the past one year. While a 52-week high of $54.90 was reached on 02/21/25, a 52-week low of $35.35 was recorded on 01/08/25. SMA at 50 days reached $48.75, while 200 days put it at $43.31.
Levels Of Support And Resistance For TXNM Stock
The 24-hour chart illustrates a support level at 51.53, which if violated will result in even more drops to 50.83. On the upside, there is a resistance level at 52.81. A further resistance level may holdings at 53.40. The Relative Strength Index (RSI) on the 14-day chart is 68.18, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 2.03, which suggests price will go up in the next trading period. Percent R suggests that price movement has been low at 41.20%. Stochastics %K at 66.90% indicates the stock is a holding.
The most recent change occurred on February 08, 2024 when Barclays began covering the stock and recommended ‘”an Overweight”‘ rating along with a $40 price target.
