Investors can expect a company’s stock to rise or fall based on the buying and selling of stock by its insiders. SM Energy Co shares valued at $143,600 were purchased by PERU RAMIRO G on Mar 04 ’25. At $28.72 per share, PERU RAMIRO G acquired 5,000 shares. The insider’s holdings grew to 82,535 shares worth approximately $2.27 million following the completion of this transaction.
Also, Vogel Herbert S purchased 500 shares, netting a total of over 14,835 in proceeds. Following the buying of shares at $29.67 each, the insider now holds 487,101 shares.
Before that, BROOKMAN BARTON R JR had added 7,000 shares to its account. In a trade valued at $226,520, the Director bought SM Energy Co shares for $32.36 each. Upon closing the transaction, the insider’s holdings increased to 7,000 shares, worth approximately $0.4 million.
As published in a research note from JP Morgan on December 05, 2024, SM Energy Co [SM] has been rated down from an Overweight to a Neutral and the price target has been revised to $53 from $51. Analysts at TD Cowen upgraded the stock from ‘”a Hold”‘ to ‘”a Buy”‘ outlook in a report released in mid October. As of August 21, 2024, Tudor Pickering Holt & Co. has increased its “Hold” rating to a “Buy” for SM. Earlier on June 25, 2024, Truist initiated its rating. Their recommendation was “a Hold” for SM stock.
Analyzing SM Stock Performance
During the last five days, there has been a drop of approximately -14.98%. Over the course of the year, SM Energy Co shares have dropped approximately -29.00%. Shares of the company reached a 52-week high of $44.95 on 01/15/25 and a 52-week low of $26.66 on 03/05/25. A 50-day SMA is recorded $38.34, while a 200-day SMA reached $42.66.
Support And Resistance Levels for SM Energy Co (SM)
According to the 24-hour chart, there is a support level at 26.65, which, if violated, would cause prices to drop to 25.79. In the upper region, resistance lies at 28.39. The next price resistance is at 29.27. RSI (Relative Strength Index) is 17.43 on the 14-day chart, showing oversold technical sentiment. Moving Average Convergence Divergence (MACD) is at -5.30, which suggests the price will decrease in the coming days. Percent R is at 93.55%, indicating bearish price movement. Stochastics %K at buying indicates that the stock is to be held.
