In a filing, NiSource Inc revealed its EVP & CFO Anderson Shawn unloaded Company’s shares for reported $0.53 million on Mar 03 ’25. In the deal valued at $40.79 per share,12,900 shares were sold. As a result of this transaction, Anderson Shawn now holds 157,879 shares worth roughly $6.21 million.
Then, Anderson Shawn bought 12,900 shares, generating $526,191 in total proceeds.
Before that, Gode Gunnar sold 5,500 shares. NiSource Inc shares valued at $219,560 were divested by the VP & Chief Accounting Officer at a price of $39.92 per share. As a result of the transaction, Gode Gunnar now holds 24,758 shares, worth roughly $0.97 million.
A number of analysts have revised their coverage, including Mizuho’s analysts, who began to cover the stock in mid July with a ‘”an Outperform”‘ rating. Barclays began covering NI with “an Overweight” recommendation on January 22, 2024. Ladenburg Thalmann started covering the stock on October 06, 2023. It rated NI as “a Buy”.
Price Performance Review of NI
On Monday, NiSource Inc [NYSE:NI] saw its stock fall -0.30% to $39.36. Over the last five days, the stock has gained 2.18%. NiSource Inc shares have risen nearly 7.07% since the year began. Nevertheless, the stocks have risen 47.69% over the past one year. While a 52-week high of $41.44 was reached on 03/04/25, a 52-week low of $26.25 was recorded on 01/06/25. SMA at 50 days reached $38.30, while 200 days put it at $34.41.
Levels Of Support And Resistance For NI Stock
The 24-hour chart illustrates a support level at 39.08, which if violated will result in even more drops to 38.79. On the upside, there is a resistance level at 39.81. A further resistance level may holdings at 40.26. The Relative Strength Index (RSI) on the 14-day chart is 53.14, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -0.30, which suggests price will go down in the next trading period. Percent R suggests that price movement has been low at 60.96%. Stochastics %K at 33.48% indicates the stock is a holding.
How much short interest is there in NiSource Inc?
A steep rise in short interest was recorded in NiSource Inc stocks on 2025-02-28, growing by 1.22 million shares to a total of 9.35 million shares. Yahoo Finance data shows the prior-month short interest on 2025-01-31 was 8.13 million shares. There was a rise of 13.04%, which implies that there is a positive sentiment for the stock.
