Centerpoint Energy Inc’s recent filing unveils that its Director Pound Ted unloaded Company’s shares for reported $0.21 million on Mar 03 ’25. In the deal valued at $34.50 per share,6,103 shares were sold. As a result of this transaction, Pound Ted now holds 46,803 shares worth roughly $1.67 million.
Then, Colvin Kristie sold 16,357 shares, generating $557,855 in total proceeds. Upon selling the shares at $34.10, the SVP and CAO now owns 118,882 shares.
Before that, Colvin Kristie sold 179 shares. Centerpoint Energy Inc shares valued at $6,100 were divested by the SVP and CAO at a price of $34.08 per share. As a result of the transaction, Colvin Kristie now holds 0 shares, worth roughly $0.0.
Evercore ISI upgraded its Centerpoint Energy Inc [CNP] rating to an Outperform from a an In-line in a research note published on March 11, 2025; the price target was increased to $37 from $36. A number of analysts have revised their coverage, including Guggenheim’s analysts, who decreased its forecast for the stock in late January from “a Buy” to “a Neutral”. Ladenburg Thalmann began covering CNP with “Buy” recommendation on December 12, 2024. UBS revised its rating on December 03, 2024. It rated CNP as “a Buy” which previously was an “a Neutral”.
Price Performance Review of CNP
On Tuesday, Centerpoint Energy Inc [NYSE:CNP] saw its stock jump 0.20% to $35.66. Over the last five days, the stock has gained 3.27%. Centerpoint Energy Inc shares have risen nearly 12.39% since the year began. Nevertheless, the stocks have risen 27.86% over the past one year. While a 52-week high of $35.88 was reached on 03/17/25, a 52-week low of $25.41 was recorded on 01/08/25. SMA at 50 days reached $33.14, while 200 days put it at $30.47.
Levels Of Support And Resistance For CNP Stock
The 24-hour chart illustrates a support level at 35.36, which if violated will result in even more drops to 35.06. On the upside, there is a resistance level at 35.83. A further resistance level may holdings at 36.00. The Relative Strength Index (RSI) on the 14-day chart is 70.45, which indicates overbought technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 1.10, which suggests price will go up in the next trading period. Percent R suggests that price movement has been bullish at 8.33%. Stochastics %K at 91.40% indicates the stock is a selling.
How much short interest is there in Centerpoint Energy Inc?
A steep rise in short interest was recorded in Centerpoint Energy Inc stocks on 2025-02-28, growing by 3.06 million shares to a total of 25.32 million shares. Yahoo Finance data shows the prior-month short interest on 2025-01-31 was 22.26 million shares. There was a rise of 12.09%, which implies that there is a positive sentiment for the stock.
