Investors can expect a company’s stock to rise or fall based on the buying and selling of stock by its insiders. USA Compression Partners LP shares valued at $476,489 were sold by LONG ERIC D on Aug 23 ’24. At $22.27 per share, LONG ERIC D sold 21,396 shares. The insider’s holdings dropped to 1,786 shares worth approximately $48400.600000000006 following the completion of this transaction.
Also, LONG ERIC D sold 1,786 shares, netting a total of over 40,739 in proceeds. Following the sale of shares at $22.81 each, the insider now holds 0 shares.
Before that, LONG ERIC D had added 23,182 shares to its account. In a trade valued at $509,550, the Officer bought USA Compression Partners LP shares for $21.98 each.
As published in their initiating research note from Citigroup on September 27, 2024, USA Compression Partners LP [USAC] has been a Neutral and the price target has been revised to $23. Analysts at Mizuho upgraded the stock from ‘”an Underperform”‘ to ‘”a Neutral”‘ outlook in a report released in late May. As of September 29, 2023, Mizuho has decreased its “Neutral” rating to a “an Underperform” for USAC. Earlier on July 27, 2022, Mizuho initiated its rating. Their recommendation was “a Neutral” for USAC stock.
Analyzing USAC Stock Performance
During the last five days, there has been a drop of approximately -5.15%. Over the course of the year, USA Compression Partners LP shares have jumped approximately 15.03%. Shares of the company reached a 52-week high of $30.10 on 02/10/25 and a 52-week low of $23.39 on 01/08/25. A 50-day SMA is recorded $25.60, while a 200-day SMA reached $23.71.
Support And Resistance Levels for USA Compression Partners LP (USAC)
According to the 24-hour chart, there is a support level at 26.81, which, if violated, would cause prices to drop to 26.52. In the upper region, resistance lies at 27.68. The next price resistance is at 28.26. RSI (Relative Strength Index) is 49.43 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at -0.79, which suggests the price will decrease in the coming days. Percent R is at 92.59%, indicating bearish price movement. Stochastics %K at buying indicates that the stock is to be held.
