Investors can speculate about the future of a stock by watching how its insiders buy and sell stocks. DTE Energy Co shares valued at $935,009 were sold by Chavez JoAnn on Feb 24 ’25. At $132.40 per share, Chavez JoAnn sold 7,062 shares. The insider’s holdings dropped to 14,067 shares worth approximately $1.87 million following the completion of this transaction.
Also, JOANN CHAVEZ purchased 7,062 shares, netting a total of over 934,985 in proceeds.
Before that, Myrick Tracy J had sold 1,014 shares from its account. In a trade valued at $131,739, the Chief Accounting Officer traded DTE Energy Co shares for $129.92 each. Upon closing the transaction, the insider’s holdings decreased to 1,014 shares, worth approximately $0.46 million.
As published in a research note from Barclays on February 20, 2025, DTE Energy Co [DTE] has been rated down from an Overweight to an Equal weight and the price target has been revised to $135 from $137. Analysts at Guggenheim upgraded the stock from ‘”a Neutral”‘ to ‘”a Buy”‘ outlook in a report released in late January. As of December 04, 2024, KeyBanc Capital Markets has decreased its “an Overweight” rating to a “Sector weight” for DTE. Earlier on December 03, 2024, UBS upgraded its rating. Their new recommendation was “a Buy” for DTE stock which previously was a “a Neutral”.
Analyzing DTE Stock Performance
During the last five days, there has been a surge of approximately 1.66%. Over the course of the year, DTE Energy Co shares have jumped approximately 9.90%. Shares of the company reached a 52-week high of $136.28 on 03/04/25 and a 52-week low of $116.30 on 01/23/25. A 50-day SMA is recorded $125.29, while a 200-day SMA reached $121.68.
Support And Resistance Levels for DTE Energy Co (DTE)
According to the 24-hour chart, there is a support level at 131.42, which, if violated, would cause prices to drop to 130.14. In the upper region, resistance lies at 133.50. The next price resistance is at 134.30. RSI (Relative Strength Index) is 61.41 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at -0.36, which suggests the price will decrease in the coming days. Percent R is at 54.17%, indicating low price movement. Stochastics %K at holding indicates that the stock is to be held.
