HighPeak Energy Inc’s recent filing unveils that its Chief Executive Officer HIGHTOWER JACK acquired Company’s shares for reported $0.24 million on Nov 08 ’24. In the deal valued at $14.03 per share,17,262 shares were bought. As a result of this transaction, HIGHTOWER JACK now holds 4,976,517 shares worth roughly $54.44 million.
Then, HIGHTOWER JACK bought 100,000 shares, generating $1,554,000 in total proceeds. Upon buying the shares at $15.54, the Chief Executive Officer now owns 4,959,255 shares.
Before that, HIGHTOWER JACK bought 36,078 shares. HighPeak Energy Inc shares valued at $550,114 were divested by the Chief Executive Officer at a price of $15.25 per share. As a result of the transaction, HIGHTOWER JACK now holds 4,859,255 shares, worth roughly $53.16 million.
Truist upgraded its HighPeak Energy Inc [HPK] rating to a Hold from a a Sell in a research note published on May 23, 2024; the price target was increased to $13 from $10. A number of analysts have revised their coverage, including Truist’s analysts, who began to cover the stock in late April with a ‘”a Sell”‘ rating. ROTH Capital began covering HPK with “Buy” recommendation on November 09, 2021. Seaport Global Securities started covering the stock on July 22, 2021. It rated HPK as “a Buy”.
Price Performance Review of HPK
On Tuesday, HighPeak Energy Inc [NASDAQ:HPK] saw its stock fall -7.37% to $10.94. Over the last five days, the stock has lost -9.44%. HighPeak Energy Inc shares have fallen nearly -25.58% since the year began. Nevertheless, the stocks have fallen -23.97% over the past one year. While a 52-week high of $17.48 was reached on 01/06/25, a 52-week low of $11.43 was recorded on 03/11/25. SMA at 50 days reached $13.85, while 200 days put it at $14.51.
Levels Of Support And Resistance For HPK Stock
The 24-hour chart illustrates a support level at 10.15, which if violated will result in even more drops to 9.35. On the upside, there is a resistance level at 12.25. A further resistance level may holdings at 13.55. The Relative Strength Index (RSI) on the 14-day chart is 23.30, which indicates oversold technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -0.91, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 91.75%. Stochastics %K at 12.07% indicates the stock is a buying.
