Investors can speculate about the future of a stock by watching how its insiders buy and sell stocks. Entergy Corp shares valued at $1,058,464 were sold by MINOR ANASTASIA on Feb 25 ’25. At $85.36 per share, MINOR ANASTASIA sold 12,400 shares. The insider’s holdings dropped to 15,039 shares worth approximately $1.3 million following the completion of this transaction.
Also, CHAPMAN JASON sold 3,466 shares, netting a total of over 294,645 in proceeds. Following the sale of shares at $85.01 each, the insider now holds 25,893 shares.
Before that, MINOR ANASTASIA had added 12,400 shares to its account. In a trade valued at $1,058,464, the Officer bought Entergy Corp shares for $85.36 each.
As published in a research note from Ladenburg Thalmann on January 30, 2025, Entergy Corp [ETR] has been rated up from a Neutral to a Buy and the price target has been revised to $86.50. Analysts at KeyBanc Capital Markets downgraded the stock from ‘”an Overweight”‘ to ‘”a Sector weight”‘ outlook in a report released in early December. As of November 04, 2024, Morgan Stanley has increased its “an Underweight” rating to a “an Equal-weight” for ETR. Earlier on November 04, 2024, BofA Securities downgraded its rating. Their new recommendation was “a Neutral” for ETR stock which previously was a “a Buy”.
Analyzing ETR Stock Performance
During the last five days, there has been a drop of approximately -1.34%. Over the course of the year, Entergy Corp shares have jumped approximately 13.62%. Shares of the company reached a 52-week high of $88.38 on 02/18/25 and a 52-week low of $74.77 on 01/02/25. A 50-day SMA is recorded $79.67, while a 200-day SMA reached $66.57. Nevertheless, trading volume fell to 4.03 million shares from 4.08 million shares the previous day.
Support And Resistance Levels for Entergy Corp (ETR)
According to the 24-hour chart, there is a support level at 85.61, which, if violated, would cause prices to drop to 85.08. In the upper region, resistance lies at 86.84. The next price resistance is at 87.53. RSI (Relative Strength Index) is 64.19 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at 1.33, which suggests the price will increase in the coming days. Percent R is at 28.71%, indicating bullish price movement. Stochastics %K at holding indicates that the stock is to be held.
