In a filing, PG&E Corp revealed its EVP/Corp. Affairs & CSO Peterman Carla J unloaded Company’s shares for reported $0.53 million on Mar 04 ’25. In the deal valued at $16.37 per share,32,521 shares were sold. As a result of this transaction, Peterman Carla J now holds 183,635 shares worth roughly $2.96 million.
Then, Santos Marlene sold 125,702 shares, generating $2,057,742 in total proceeds. Upon selling the shares at $16.37, the EVP, CCO at PG&E Company now owns 252,393 shares.
Before that, Santos Marlene bought 125,702 shares. PG&E Corp shares valued at $2,058,218 were divested by the Officer at a price of $16.37 per share.
Guggenheim downgraded its PG&E Corp [PCG] rating to a Neutral from a a Buy in a research note published recently. A number of analysts have revised their coverage, including Morgan Stanley’s analysts, who decreased its forecast for the stock in mid February from “an Equal-weight” to “an Underweight”. BMO Capital Markets started covering the stock on January 13, 2025. It rated PCG as “an Outperform”.
Price Performance Review of PCG
On Tuesday, PG&E Corp [NYSE:PCG] saw its stock fall -1.77% to $16.14. Over the last five days, the stock has gained 1.32%. PG&E Corp shares have fallen nearly -20.02% since the year began. Nevertheless, the stocks have fallen -3.30% over the past one year. While a 52-week high of $21.72 was reached on 01/06/25, a 52-week low of $14.99 was recorded on 02/04/25. SMA at 50 days reached $17.13, while 200 days put it at $18.70.
Levels Of Support And Resistance For PCG Stock
The 24-hour chart illustrates a support level at 16.02, which if violated will result in even more drops to 15.91. On the upside, there is a resistance level at 16.36. A further resistance level may holdings at 16.59. The Relative Strength Index (RSI) on the 14-day chart is 48.41, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 0.40, which suggests price will go down in the next trading period. Percent R suggests that price movement has been low at 35.06%. Stochastics %K at 79.64% indicates the stock is a holding.
The most recent change occurred on October 14, 2024 when Jefferies began covering the stock and recommended ‘”a Buy”‘ rating along with a $24 price target.
