Noble Corp Plc’s recent filing unveils that its Director SLEDGE CHARLES M acquired Company’s shares for reported $0.25 million on Feb 20 ’25. In the deal valued at $27.83 per share,8,992 shares were bought. As a result of this transaction, SLEDGE CHARLES M now holds 38,361 shares worth roughly $0.99 million.
Then, Barker Richard B. bought 8,000 shares, generating $223,520 in total proceeds. Upon buying the shares at $27.94, the EVP and CFO now owns 298,505 shares.
Before that, Eifler Robert W. bought 12,568 shares. Noble Corp Plc shares valued at $350,019 were divested by the President & CEO at a price of $27.85 per share. As a result of the transaction, Eifler Robert W. now holds 1,236,365 shares, worth roughly $32.02 million.
Evercore ISI downgraded its Noble Corp Plc [NE] rating to an In-line from a an Outperform in a research note published on January 15, 2025; the price target was decreased to $41 from $64. A number of analysts have revised their coverage, including JP Morgan’s analysts, who began to cover the stock in early December with a ‘”a Neutral”‘ rating. The Benchmark Company also remained covering NE and has decreased its forecast on October 15, 2024 with a “Hold” recommendation from previously “Buy” rating.
Price Performance Review of NE
On Friday, Noble Corp Plc [NYSE:NE] saw its stock fall -0.08% to $25.90. Over the last five days, the stock has lost -3.79%. Noble Corp Plc shares have fallen nearly -17.52% since the year began. Nevertheless, the stocks have fallen -39.67% over the past one year. While a 52-week high of $52.15 was reached on 01/15/25, a 52-week low of $25.77 was recorded on 02/28/25. SMA at 50 days reached $30.89, while 200 days put it at $37.04.
Levels Of Support And Resistance For NE Stock
The 24-hour chart illustrates a support level at 25.44, which if violated will result in even more drops to 24.99. On the upside, there is a resistance level at 26.35. A further resistance level may holdings at 26.81. The Relative Strength Index (RSI) on the 14-day chart is 22.92, which indicates oversold technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -2.31, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 93.10%. Stochastics %K at 4.07% indicates the stock is a buying.
The most recent change occurred on November 28, 2023 when CapitalOne began covering the stock and recommended ‘”an Overweight”‘ rating along with a $62 price target.
