WEC Energy Group Inc’s filing revealed that its Director PAYNE ULICE JR unloaded Company’s shares for reported $0.12 million on Feb 24 ’25. In the deal valued at $104.17 per share,1,150 shares were sold. As a result of this transaction, PAYNE ULICE JR now holds 21,951 shares worth roughly $2.34 million.
Then, Ulice Payne Jr. bought 1,150 shares, generating $119,683 in total proceeds.
Before that, Lauber Scott J sold 6,720 shares. WEC Energy Group Inc shares valued at $677,998 were divested by the President and CEO at a price of $100.89 per share. As a result of the transaction, Lauber Scott J now holds 45,709 shares, worth roughly $4.88 million.
Barclays upgraded its WEC Energy Group Inc [WEC] rating to an Equal weight from a an Underweight in a research note published on January 02, 2025; the price target was increased to $93 from $89. A number of analysts have revised their coverage, including BofA Securities’s analysts, who increased its forecast for the stock in mid December from “an Underperform” to “a Neutral”. Jefferies began covering WEC with “Hold” recommendation on September 20, 2024. Goldman started covering the stock on April 10, 2024. It rated WEC as “a Neutral”.
Price Performance Review of WEC
On Friday, WEC Energy Group Inc [NYSE:WEC] saw its stock jump 1.03% to $106.69. Over the last five days, the stock has gained 2.54%. WEC Energy Group Inc shares have risen nearly 13.45% since the year began. Nevertheless, the stocks have risen 37.74% over the past one year. While a 52-week high of $106.75 was reached on 02/28/25, a 52-week low of $76.78 was recorded on 01/07/25. SMA at 50 days reached $98.60, while 200 days put it at $92.17.
Levels Of Support And Resistance For WEC Stock
The 24-hour chart illustrates a support level at 105.77, which if violated will result in even more drops to 104.86. On the upside, there is a resistance level at 107.37. A further resistance level may holdings at 108.06. The Relative Strength Index (RSI) on the 14-day chart is 72.24, which indicates overbought technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 1.99, which suggests price will go up in the next trading period. Percent R suggests that price movement has been bullish at 6.21%. Stochastics %K at 87.29% indicates the stock is a selling.
