In a filing, Eversource Energy revealed its Executive VP & General Counsel BUTLER GREGORY B unloaded Company’s shares for reported $0.75 million on Feb 28 ’25. In the deal valued at $62.68 per share,12,000 shares were sold. As a result of this transaction, BUTLER GREGORY B now holds 61,268 shares worth roughly $3.78 million.
Then, BUTLER GREGORY B bought 12,000 shares, generating $752,151 in total proceeds.
Before that, CLEVELAND COTTON M sold 7,749 shares. Eversource Energy shares valued at $492,062 were divested by the Trustee at a price of $63.50 per share. As a result of the transaction, CLEVELAND COTTON M now holds 75,838 shares, worth roughly $4.68 million.
Scotiabank downgraded its Eversource Energy [ES] rating to a Sector underperform from a a Sector perform in a research note published on December 12, 2024; the price target was decreased to $56 from $66. A number of analysts have revised their coverage, including Jefferies’s analysts, who began to cover the stock in early December with a ‘”an Underperform”‘ rating. BofA Securities also remained covering ES and has increased its forecast on June 25, 2024 with a “Neutral” recommendation from previously “an Underperform” rating. Goldman started covering the stock on April 10, 2024. It rated ES as “a Buy”.
Price Performance Review of ES
On Monday, Eversource Energy [NYSE:ES] saw its stock jump 1.28% to $61.76. Over the last five days, the stock has lost -1.98%. Eversource Energy shares have risen nearly 7.54% since the year began. Nevertheless, the stocks have risen 5.57% over the past one year. While a 52-week high of $69.01 was reached on 02/25/25, a 52-week low of $54.75 was recorded on 01/13/25. SMA at 50 days reached $59.08, while 200 days put it at $61.84.
Levels Of Support And Resistance For ES Stock
The 24-hour chart illustrates a support level at 60.98, which if violated will result in even more drops to 60.19. On the upside, there is a resistance level at 62.72. A further resistance level may holdings at 63.67. The Relative Strength Index (RSI) on the 14-day chart is 54.22, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -1.53, which suggests price will go down in the next trading period. Percent R suggests that price movement has been low at 40.14%. Stochastics %K at 40.23% indicates the stock is a holding.
