Public Service Enterprise Group Inc’s recently made public that its Chair, President and CEO LaRossa Ralph A unloaded Company’s shares for reported $0.11 million on Mar 03 ’25. In the deal valued at $81.65 per share,1,378 shares were sold. As a result of this transaction, LaRossa Ralph A now holds 223,048 shares worth roughly $17.53 million.
Then, Ralph A. LaRossa bought 5,512 shares, generating $447,299 in total proceeds.
Before that, Stephenson Scott G sold 139 shares. Public Service Enterprise Group Inc shares valued at $12,268 were divested by the Director at a price of $88.26 per share. As a result of the transaction, Stephenson Scott G now holds 0 shares, worth roughly $0.0.
Barclays downgraded its Public Service Enterprise Group Inc [PEG] rating to an Equal weight from a an Overweight in a research note published on January 27, 2025; the price target was decreased to $84 from $88. A number of analysts have revised their coverage, including Jefferies’s analysts, who began to cover the stock in mid September with a ‘”a Hold”‘ rating. Guggenheim also remained covering PEG and has increased its forecast on June 17, 2024 with a “Buy” recommendation from previously “Neutral” rating. Guggenheim revised its rating on January 22, 2024. It rated PEG as “a Neutral” which previously was an “a Buy”.
Price Performance Review of PEG
On Monday, Public Service Enterprise Group Inc [NYSE:PEG] saw its stock fall -0.63% to $78.59. Over the last five days, the stock has lost -3.88%. Public Service Enterprise Group Inc shares have fallen nearly -6.98% since the year began. Nevertheless, the stocks have risen 21.11% over the past one year. While a 52-week high of $95.22 was reached on 01/22/25, a 52-week low of $63.31 was recorded on 03/10/25. SMA at 50 days reached $84.14, while 200 days put it at $82.74.
Levels Of Support And Resistance For PEG Stock
The 24-hour chart illustrates a support level at 77.44, which if violated will result in even more drops to 76.28. On the upside, there is a resistance level at 79.21. A further resistance level may holdings at 79.82. The Relative Strength Index (RSI) on the 14-day chart is 32.61, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -3.34, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 81.94%. Stochastics %K at 14.83% indicates the stock is a buying.
The most recent change occurred on August 23, 2023 when Barclays began covering the stock and recommended ‘”an Overweight”‘ rating along with a $64 price target.
