Public Service Enterprise Group Inc’s filing revealed 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 $18.34 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 jump 0.86% to $82.23. Over the last five days, the stock has gained 4.63%. Public Service Enterprise Group Inc shares have fallen nearly -2.67% since the year began. Nevertheless, the stocks have risen 28.63% 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 $83.67, while 200 days put it at $82.88.
Levels Of Support And Resistance For PEG Stock
The 24-hour chart illustrates a support level at 81.14, which if violated will result in even more drops to 80.05. On the upside, there is a resistance level at 83.08. A further resistance level may holdings at 83.93. The Relative Strength Index (RSI) on the 14-day chart is 51.58, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 0.66, which suggests price will go down in the next trading period. Percent R suggests that price movement has been low at 33.29%. Stochastics %K at 49.51% indicates the stock is a holding.
How much short interest is there in Public Service Enterprise Group Inc?
A steep rise in short interest was recorded in Public Service Enterprise Group Inc stocks on 2025-02-28, growing by 1.18 million shares to a total of 6.1 million shares. Yahoo Finance data shows the prior-month short interest on 2025-01-31 was 4.92 million shares. There was a rise of 19.28%, which implies that there is a positive sentiment for the stock.
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.
