Investors can expect a company’s stock to rise or fall based on the buying and selling of stock by its insiders. EOG Resources, Inc shares valued at $483,560 were sold by Leitzell Jeffrey R. on Dec 31 ’24. At $120.89 per share, Leitzell Jeffrey R. sold 4,000 shares. The insider’s holdings dropped to 42,703 shares worth approximately $5.58 million following the completion of this transaction.
Also, Leitzell Jeffrey R. purchased 4,000 shares, netting a total of over 483,560 in proceeds.
Before that, CLARK JANET F had sold 568 shares from its account. In a trade valued at $76,867, the Director traded EOG Resources, Inc shares for $135.33 each. Upon closing the transaction, the insider’s holdings decreased to 568 shares, worth approximately $5.69 million.
As published in a research note from RBC Capital Mkts on February 12, 2025, EOG Resources, Inc [EOG] has been rated up from a Sector perform to an Outperform and the price target has been revised to $155 from $150. Analysts at BofA Securities downgraded the stock from ‘”a Buy”‘ to ‘”a Neutral”‘ outlook in a report released in mid January. As of January 03, 2025, Wolfe Research has increased its “Peer perform” rating to a “an Outperform” for EOG. Earlier on December 17, 2024, Wells Fargo upgraded its rating. Their new recommendation was “an Overweight” for EOG stock which previously was a “an Equal weight”.
Analyzing EOG Stock Performance
During the last five days, there has been a drop of approximately -3.73%. Over the course of the year, EOG Resources, Inc shares have jumped approximately 6.55%. Shares of the company reached a 52-week high of $138.18 on 01/16/25 and a 52-week low of $123.55 on 01/02/25. A 50-day SMA is recorded $128.64, while a 200-day SMA reached $127.03. Nevertheless, trading volume fell to 2.7 million shares from 2.52 million shares the previous day.
Support And Resistance Levels for EOG Resources, Inc (EOG)
According to the 24-hour chart, there is a support level at 129.55, which, if violated, would cause prices to drop to 128.48. In the upper region, resistance lies at 131.88. The next price resistance is at 133.15. RSI (Relative Strength Index) is 49.87 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at -0.56, which suggests the price will decrease in the coming days. Percent R is at 55.19%, indicating low price movement. Stochastics %K at holding indicates that the stock is to be held.
