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. Entergy Corp shares valued at $1,558,495 were sold by FISACKERLY HALEY on Mar 04 ’25. At $87.34 per share, FISACKERLY HALEY sold 17,844 shares. The insider’s holdings dropped to 7,750 shares worth approximately $0.66 million following the completion of this transaction.
Also, FISACKERLY HALEY purchased 17,844 shares, netting a total of over 1,558,414 in proceeds.
Before that, NORGEOT PETER S JR had sold 19,336 shares from its account. In a trade valued at $1,677,978, the EVP & Chief Operating Officer traded Entergy Corp shares for $86.78 each. Upon closing the transaction, the insider’s holdings decreased to 19,336 shares, worth approximately $7.29 million.
As published in a research note from Ladenburg Thalmann on January 30, 2025, Entergy Corp [ETR] has been rated up from a Neutral to a Buy and the price target has been revised to $86.50. Analysts at KeyBanc Capital Markets downgraded the stock from ‘”an Overweight”‘ to ‘”a Sector weight”‘ outlook in a report released in early December. As of November 04, 2024, Morgan Stanley has increased its “an Underweight” rating to a “an Equal-weight” for ETR. Earlier on November 04, 2024, BofA Securities downgraded its rating. Their new recommendation was “a Neutral” for ETR stock which previously was a “a Buy”.
Analyzing ETR Stock Performance
During the last five days, there has been a drop of approximately -1.73%. Over the course of the year, Entergy Corp shares have jumped approximately 11.66%. Shares of the company reached a 52-week high of $88.38 on 02/18/25 and a 52-week low of $74.77 on 01/02/25. A 50-day SMA is recorded $80.85, while a 200-day SMA reached $67.32.
Support And Resistance Levels for Entergy Corp (ETR)
According to the 24-hour chart, there is a support level at 83.95, which, if violated, would cause prices to drop to 83.24. In the upper region, resistance lies at 85.38. The next price resistance is at 86.10. RSI (Relative Strength Index) is 53.22 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at 0.27, which suggests the price will decrease in the coming days. Percent R is at 60.52%, indicating low price movement. Stochastics %K at holding indicates that the stock is to be held.
