Investors can speculate about the future of a stock by watching how its insiders buy and sell stocks. Evergy Inc shares valued at $150,008 were sold by KING CHARLES L on Nov 27 ’24. At $65.22 per share, KING CHARLES L sold 2,300 shares. The insider’s holdings dropped to 14,634 shares worth approximately $1.0 million following the completion of this transaction.
Also, Charles Lynn King purchased 2,300 shares, netting a total of over 149,132 in proceeds.
Before that, Bryant Kevin E. had sold 48,141 shares from its account. In a trade valued at $3,029,552, the EVP – CORPORATE INITIATIVES traded Evergy Inc shares for $62.93 each. Upon closing the transaction, the insider’s holdings decreased to 48,141 shares, worth approximately $68.56.
As published in a research note from Guggenheim on January 23, 2025, Evergy Inc [EVRG] has been rated up from a Neutral to a Buy. Analysts at Ladenburg Thalmann upgraded the stock from ‘”a Neutral”‘ to ‘”a Buy”‘ outlook in a report released in early January. As of October 29, 2024, Mizuho has initiated its “an Outperform” rating for EVRG. Earlier on September 20, 2024, Jefferies initiated its rating. Their recommendation was “a Buy” for EVRG stock.
Analyzing EVRG Stock Performance
During the last five days, there has been a surge of approximately 1.95%. Over the course of the year, Evergy Inc shares have jumped approximately 11.39%. Shares of the company reached a 52-week high of $69.90 on 02/27/25 and a 52-week low of $59.67 on 01/13/25. A 50-day SMA is recorded $63.69, while a 200-day SMA reached $59.79.
Support And Resistance Levels for Evergy Inc (EVRG)
According to the 24-hour chart, there is a support level at 67.77, which, if violated, would cause prices to drop to 66.97. In the upper region, resistance lies at 69.63. The next price resistance is at 70.69. RSI (Relative Strength Index) is 72.21 on the 14-day chart, showing overbought technical sentiment. Moving Average Convergence Divergence (MACD) is at 1.56, which suggests the price will increase in the coming days. Percent R is at 25.87%, indicating bullish price movement. Stochastics %K at selling indicates that the stock is to be held.
