In a filing, Targa Resources Corp revealed its Director Cooksen Lindsey unloaded Company’s shares for reported $0.21 million on Feb 28 ’25. In the deal valued at $198.14 per share,1,050 shares were sold. As a result of this transaction, Cooksen Lindsey now holds 11,075 shares worth roughly $2.01 million.
Then, Chung Paul W sold 6,222 shares, generating $1,262,532 in total proceeds. Upon selling the shares at $202.91, the Director now owns 35,920 shares.
Before that, PAUL W CHUNG bought 6,222 shares. Targa Resources Corp shares valued at $1,262,532 were divested by the Director at a price of $202.91 per share.
Scotiabank started covering the stock on March 02, 2023. It rated TRGP as “a Sector outperform”.
Price Performance Review of TRGP
On Friday, Targa Resources Corp [NYSE:TRGP] saw its stock fall -0.04% to $181.91. Over the last five days, the stock has lost -9.82%. Targa Resources Corp shares have risen nearly 1.91% since the year began. Nevertheless, the stocks have risen 77.44% over the past one year. While a 52-week high of $218.51 was reached on 01/22/25, a 52-week low of $103.18 was recorded on 03/07/25. SMA at 50 days reached $197.28, while 200 days put it at $163.24.
Levels Of Support And Resistance For TRGP Stock
The 24-hour chart illustrates a support level at 177.37, which if violated will result in even more drops to 172.83. On the upside, there is a resistance level at 185.51. A further resistance level may holdings at 189.12. The Relative Strength Index (RSI) on the 14-day chart is 34.62, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -12.89, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 84.54%. Stochastics %K at 11.08% indicates the stock is a buying.
The most recent change occurred on December 09, 2022 when Citigroup began covering the stock and recommended ‘”a Buy”‘ rating along with a $95 price target.
