Pinnacle West Capital Corp’s recent filing unveils that its EVP, COO, APS Jacob Tetlow acquired Company’s shares for reported $0.21 million on Mar 03 ’25. In the deal valued at $90.86 per share,2,272 shares were bought.
Then, Tetlow Jacob sold 9,474 shares, generating $860,239 in total proceeds. Upon selling the shares at $90.80, the EVP, COO, APS now owns 56 shares.
Before that, Jacob Tetlow bought 9,474 shares. Pinnacle West Capital Corp shares valued at $870,755 were divested by the EVP, COO, APS at a price of $91.91 per share.
KeyBanc Capital Markets upgraded its Pinnacle West Capital Corp [PNW] rating to an Overweight from a a Sector weight in a research note published recently. A number of analysts have revised their coverage, including Barclays’s analysts, who decreased its forecast for the stock in mid November from “an Overweight” to “an Equal weight”. Jefferies began covering PNW with “Buy” recommendation on September 20, 2024. Ladenburg Thalmann revised its rating on June 06, 2024. It rated PNW as “a Buy” which previously was an “a Neutral”.
Price Performance Review of PNW
On Monday, Pinnacle West Capital Corp [NYSE:PNW] saw its stock jump 1.77% to $94.18. Over the last five days, the stock has gained 2.25%. Pinnacle West Capital Corp shares have risen nearly 11.10% since the year began. Nevertheless, the stocks have risen 40.78% over the past one year. While a 52-week high of $95.42 was reached on 03/03/25, a 52-week low of $67.51 was recorded on 01/13/25. SMA at 50 days reached $87.03, while 200 days put it at $85.51.
Levels Of Support And Resistance For PNW Stock
The 24-hour chart illustrates a support level at 92.82, which if violated will result in even more drops to 91.47. On the upside, there is a resistance level at 94.90. A further resistance level may holdings at 95.63. The Relative Strength Index (RSI) on the 14-day chart is 69.73, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 1.53, which suggests price will go up in the next trading period. Percent R suggests that price movement has been bullish at 1.27%. Stochastics %K at 81.72% indicates the stock is a selling.
The most recent change occurred on April 29, 2024 when Citigroup began covering the stock and recommended ‘”a Neutral”‘ rating along with a $78 price target.
