The buying and selling of stock by a company’s insider give investors a sense that the stock will rise or fall in the future. Sunnova Energy International Inc shares valued at $1,036 were purchased by Mathews Paul S on Feb 03 ’25. At $1.84 per share, Mathews Paul S acquired 562 shares.
Also, ROBERTSON CORBIN J III purchased 35,000 shares, netting a total of over 124,498 in proceeds. Following the buying of shares at $3.56 each, the insider now holds 120,048 shares.
Before that, Mohamed Akbar had added 50,000 shares to its account. In a trade valued at $177,960, the Director bought Sunnova Energy International Inc shares for $3.56 each. Upon closing the transaction, the insider’s holdings increased to 50,000 shares, worth approximately $0.22 million.
As published in a research note from Mizuho on March 05, 2025, Sunnova Energy International Inc [NOVA] has been rated down from an Outperform to a Neutral and the price target has been revised to $1 from $11. Analysts at Barclays downgraded the stock from ‘”an Overweight”‘ to ‘”an Equal weight”‘ outlook in a report released in early March. As of March 04, 2025, Wells Fargo has decreased its “an Equal weight” rating to a “an Underweight” for NOVA. Earlier on March 04, 2025, UBS downgraded its rating. Their new recommendation was “a Neutral” for NOVA stock which previously was a “a Buy”.
Analyzing NOVA Stock Performance
During the last five days, there has been a drop of approximately -68.18%. Over the course of the year, Sunnova Energy International Inc shares have dropped approximately -83.86%. Shares of the company reached a 52-week high of $4.7500 on 01/07/25 and a 52-week low of $0.4739 on 03/04/25. A 50-day SMA is recorded $2.7408, while a 200-day SMA reached $5.7418.
Support And Resistance Levels for Sunnova Energy International Inc (NOVA)
According to the 24-hour chart, there is a support level at 0.4925, which, if violated, would cause prices to drop to 0.4314. In the upper region, resistance lies at 0.6573. The next price resistance is at 0.7610. RSI (Relative Strength Index) is 16.09 on the 14-day chart, showing oversold technical sentiment. Moving Average Convergence Divergence (MACD) is at -1.0042, which suggests the price will decrease in the coming days. Percent R is at 95.38%, indicating bearish price movement. Stochastics %K at buying indicates that the stock is to be held.
