Investors can expect a company’s stock to rise or fall based on the buying and selling of stock by its insiders. Public Service Enterprise Group Inc shares valued at $112,518 were sold by LaRossa Ralph A on Mar 03 ’25. At $81.65 per share, LaRossa Ralph A sold 1,378 shares. The insider’s holdings dropped to 223,048 shares worth approximately $17.44 million following the completion of this transaction.
Also, Ralph A. LaRossa purchased 5,512 shares, netting a total of over 447,299 in proceeds.
Before that, Stephenson Scott G had sold 139 shares from its account. In a trade valued at $12,268, the Director traded Public Service Enterprise Group Inc shares for $88.26 each. Upon closing the transaction, the insider’s holdings decreased to 139 shares, worth approximately $0.0.
As published in a research note from Barclays on January 27, 2025, Public Service Enterprise Group Inc [PEG] has been rated down from an Overweight to an Equal weight and the price target has been revised to $84 from $88. Analysts at Jefferies started covering the stock with ‘”a Hold”‘ outlook in a report released in mid September. As of June 17, 2024, Guggenheim has increased its “Neutral” rating to a “Buy” for PEG. Earlier on January 22, 2024, Guggenheim downgraded its rating. Their new recommendation was “a Neutral” for PEG stock which previously was a “a Buy”.
Analyzing PEG Stock Performance
During the last five days, there has been a drop of approximately -3.10%. Over the course of the year, Public Service Enterprise Group Inc shares have dropped approximately -7.44%. Shares of the company reached a 52-week high of $90.98 on 01/22/25 and a 52-week low of $77.48 on 03/06/25. A 50-day SMA is recorded $84.39, while a 200-day SMA reached $82.69.
Support And Resistance Levels for Public Service Enterprise Group Inc (PEG)
According to the 24-hour chart, there is a support level at 76.86, which, if violated, would cause prices to drop to 75.53. In the upper region, resistance lies at 80.16. The next price resistance is at 82.12. RSI (Relative Strength Index) is 28.98 on the 14-day chart, showing oversold technical sentiment. Moving Average Convergence Divergence (MACD) is at -2.32, which suggests the price will decrease in the coming days. Percent R is at 91.85%, indicating bearish price movement. Stochastics %K at holding indicates that the stock is to be held.
