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Buying Buzz: Talen Energy Corp [TLN] Director Horton Anthony R acquires 1,000 shares of the company

Investors can speculate about the future of a stock by watching how its insiders buy and sell stocks. Talen Energy Corp shares valued at $190,588 were purchased by Horton Anthony R on Mar 06 ’25. At $190.59 per share, Horton Anthony R acquired 1,000 shares. The insider’s holdings grew to 1,000 shares worth approximately $0.2 million following the completion of this transaction.

Also, Rubric Capital Management LP sold 4,893,507 shares, netting a total of over 999,999,900 in proceeds. Following the sale of shares at $204.35 each, the insider now holds 6,475,107 shares.

As published in their initiating research note from Morgan Stanley on March 12, 2025, Talen Energy Corp [TLN] has been an Overweight and the price target has been revised to $243. Analysts at Evercore ISI started covering the stock with ‘”an Outperform”‘ outlook in a report released in late February. As of February 03, 2025, BofA Securities has initiated its “Buy” rating for TLN. Earlier on December 04, 2024, Daiwa Securities initiated its rating. Their recommendation was “a Buy” for TLN stock.

Analyzing TLN Stock Performance

During the last five days, there has been a surge of approximately 0.63%. Over the course of the year, Talen Energy Corp shares have dropped approximately -1.18%. Shares of the company reached a 52-week high of $258.03 on 01/23/25 and a 52-week low of $158.08 on 03/10/25. A 50-day SMA is recorded $218.57, while a 200-day SMA reached $172.82.

Support And Resistance Levels for Talen Energy Corp (TLN)

According to the 24-hour chart, there is a support level at 191.19, which, if violated, would cause prices to drop to 183.30. In the upper region, resistance lies at 203.49. The next price resistance is at 207.90. RSI (Relative Strength Index) is 46.84 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at -16.21, which suggests the price will decrease in the coming days. Percent R is at 49.02%, indicating low price movement. Stochastics %K at holding indicates that the stock is to be held.

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