In a filing, PPL Corp revealed its Officer Martin Christine M acquired Company’s shares for reported $39858.0 on Feb 28 ’25. In the deal valued at $34.78 per share,1,146 shares were bought.
Then, Bonenberger David J sold 4,523 shares, generating $153,149 in total proceeds. Upon selling the shares at $33.86, the SVP & COO-Utilities of PPL Sub now owns 45,414 shares.
Before that, Henninger Tadd J sold 2,248 shares. PPL Corp shares valued at $76,117 were divested by the SVP-Finance and Treasurer at a price of $33.86 per share. As a result of the transaction, Henninger Tadd J now holds 11,259 shares, worth roughly $0.4 million.
BMO Capital Markets initiated its PPL Corp [PPL] rating to an Outperform in a research note published on December 11, 2024; the price target was $36. A number of analysts have revised their coverage, including JP Morgan’s analysts, who began to cover the stock in late October with a ‘”an Overweight”‘ rating. Jefferies began covering PPL with “Buy” recommendation on September 20, 2024. Argus revised its rating on March 08, 2024. It rated PPL as “a Buy” which previously was an “a Hold”.
Price Performance Review of PPL
On Monday, PPL Corp [NYSE:PPL] saw its stock jump 1.31% to $35.67. Over the last five days, the stock has gained 2.26%. PPL Corp shares have risen nearly 9.89% since the year began. Nevertheless, the stocks have risen 35.94% over the past one year. While a 52-week high of $35.28 was reached on 03/03/25, a 52-week low of $25.87 was recorded on 01/13/25. SMA at 50 days reached $33.28, while 200 days put it at $31.61.
Levels Of Support And Resistance For PPL Stock
The 24-hour chart illustrates a support level at 35.31, which if violated will result in even more drops to 34.94. On the upside, there is a resistance level at 35.86. A further resistance level may holdings at 36.05. The Relative Strength Index (RSI) on the 14-day chart is 67.54, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 0.49, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bullish at 0.89%. Stochastics %K at 84.75% indicates the stock is a selling.
