Investors can speculate about the future of a stock by watching how its insiders buy and sell stocks. NGL Energy Partners LP shares valued at $215,852 were purchased by KRIMBILL H MICHAEL on Feb 14 ’25. At $4.80 per share, KRIMBILL H MICHAEL acquired 45,000 shares. The insider’s holdings grew to 648,000 shares worth approximately $2.98 million following the completion of this transaction.
Also, KRIMBILL H MICHAEL purchased 25,983 shares, netting a total of over 112,325 in proceeds. Following the buying of shares at $4.32 each, the insider now holds 2,964,598 shares.
Before that, KRIMBILL H MICHAEL had added 15,000 shares to its account. In a trade valued at $67,406, the Chief Executive Officer bought NGL Energy Partners LP shares for $4.49 each. Upon closing the transaction, the insider’s holdings increased to 15,000 shares, worth approximately $2.77 million.
As published in a research note from UBS on February 18, 2021, NGL Energy Partners LP [NGL] has been rated up from a Sell to a Neutral and the price target has been revised to $3 from $2. Analysts at UBS downgraded the stock from ‘”a Neutral”‘ to ‘”a Sell”‘ outlook in a report released in mid October. As of July 22, 2020, Wells Fargo has decreased its “an Equal weight” rating to a “an Underweight” for NGL. Earlier on April 02, 2020, Credit Suisse downgraded its rating. Their new recommendation was “an Underperform” for NGL stock which previously was a “a Neutral”.
Analyzing NGL Stock Performance
During the last five days, there has been a drop of approximately -5.93%. Over the course of the year, NGL Energy Partners LP shares have dropped approximately -7.82%. Shares of the company reached a 52-week high of $5.73 on 02/10/25 and a 52-week low of $4.21 on 02/12/25. A 50-day SMA is recorded $5.05, while a 200-day SMA reached $4.78.
Support And Resistance Levels for NGL Energy Partners LP (NGL)
According to the 24-hour chart, there is a support level at 4.51, which, if violated, would cause prices to drop to 4.41. In the upper region, resistance lies at 4.71. The next price resistance is at 4.81. RSI (Relative Strength Index) is 40.51 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at -0.18, which suggests the price will decrease in the coming days. Percent R is at 74.34%, indicating bearish price movement. Stochastics %K at holding indicates that the stock is to be held.