Eversource Energy’s filing revealed that its Executive VP & General Counsel BUTLER GREGORY B unloaded Company’s shares for reported $0.75 million on Feb 28 ’25. In the deal valued at $62.68 per share,12,000 shares were sold. As a result of this transaction, BUTLER GREGORY B now holds 61,268 shares worth roughly $3.86 million.
Then, BUTLER GREGORY B bought 12,000 shares, generating $752,151 in total proceeds.
Before that, CLEVELAND COTTON M sold 7,749 shares. Eversource Energy shares valued at $492,062 were divested by the Trustee at a price of $63.50 per share. As a result of the transaction, CLEVELAND COTTON M now holds 75,838 shares, worth roughly $4.78 million.
Scotiabank downgraded its Eversource Energy [ES] rating to a Sector underperform from a a Sector perform in a research note published on December 12, 2024; the price target was decreased to $56 from $66. A number of analysts have revised their coverage, including Jefferies’s analysts, who began to cover the stock in early December with a ‘”an Underperform”‘ rating. BofA Securities also remained covering ES and has increased its forecast on June 25, 2024 with a “Neutral” recommendation from previously “an Underperform” rating. Goldman started covering the stock on April 10, 2024. It rated ES as “a Buy”.
Price Performance Review of ES
On Monday, Eversource Energy [NYSE:ES] saw its stock unchanged to $63.01. Over the last five days, the stock has lost -0.03%. Eversource Energy shares have risen nearly 9.72% since the year began. Nevertheless, the stocks have risen 7.51% over the past one year. While a 52-week high of $69.01 was reached on 02/25/25, a 52-week low of $54.75 was recorded on 01/13/25. SMA at 50 days reached $58.78, while 200 days put it at $61.86.
Levels Of Support And Resistance For ES Stock
The 24-hour chart illustrates a support level at 62.54, which if violated will result in even more drops to 62.06. On the upside, there is a resistance level at 63.51. A further resistance level may holdings at 64.00. The Relative Strength Index (RSI) on the 14-day chart is 61.05, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 0.32, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bullish at 24.20%. Stochastics %K at 72.81% indicates the stock is a holding.
