Investors can expect a company’s stock to rise or fall based on the buying and selling of stock by its insiders. Portland General Electric Co shares valued at $23,759 were sold by Felton Benjamin on Feb 18 ’25. At $41.32 per share, Felton Benjamin sold 575 shares. The insider’s holdings dropped to 37,282 shares worth approximately $1.64 million following the completion of this transaction.
Also, Trpik Joseph R JR sold 1,375 shares, netting a total of over 56,815 in proceeds. Following the sale of shares at $41.32 each, the insider now holds 31,960 shares.
Before that, Espinosa Maria Angelica had sold 2,618 shares from its account. In a trade valued at $108,176, the SVP, Chief Legal & Compliance traded Portland General Electric Co shares for $41.32 each. Upon closing the transaction, the insider’s holdings decreased to 2,618 shares, worth approximately $0.93 million.
As published in a research note from Ladenburg Thalmann on February 18, 2025, Portland General Electric Co [POR] has been rated down from a Buy to a Neutral and the price target has been revised to $42. Analysts at UBS downgraded the stock from ‘”a Buy”‘ to ‘”a Neutral”‘ outlook in a report released in early January. As of September 25, 2024, Evercore ISI has initiated its “an Outperform” rating for POR. Earlier on September 20, 2024, Jefferies initiated its rating. Their recommendation was “a Hold” for POR stock.
Analyzing POR Stock Performance
During the last five days, there has been a surge of approximately 0.68%. Over the course of the year, Portland General Electric Co shares have jumped approximately 1.10%. Shares of the company reached a 52-week high of $44.89 on 02/24/25 and a 52-week low of $40.05 on 01/13/25. A 50-day SMA is recorded $42.56, while a 200-day SMA reached $45.28. Nevertheless, trading volume fell to 1.29 million shares from 1.19 million shares the previous day.
Support And Resistance Levels for Portland General Electric Co (POR)
According to the 24-hour chart, there is a support level at 43.53, which, if violated, would cause prices to drop to 42.96. In the upper region, resistance lies at 44.48. The next price resistance is at 44.87. RSI (Relative Strength Index) is 62.33 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at 1.38, which suggests the price will increase in the coming days. Percent R is at 18.22%, indicating bullish price movement. Stochastics %K at selling indicates that the stock is to be held.
