In a filing, Constellation Energy Corporation revealed its SVP & Controller Bauer Matthew N unloaded Company’s shares for reported $1.24 million on Feb 20 ’25. In the deal valued at $310.40 per share,4,000 shares were sold. As a result of this transaction, Bauer Matthew N now holds 6,587 shares worth roughly $1.39 million.
Then, MATTHEW BAUER bought 4,000 shares, generating $1,241,581 in total proceeds.
BofA Securities upgraded its Constellation Energy Corporation [CEG] rating to a Buy from a a Neutral in a research note published on December 12, 2024; the price target was increased to $269 from $237. A number of analysts have revised their coverage, including JP Morgan’s analysts, who began to cover the stock in mid October with a ‘”an Overweight”‘ rating. Citigroup began covering CEG with “Neutral” recommendation on October 15, 2024. Jefferies started covering the stock on September 13, 2024. It rated CEG as “a Hold”.
Price Performance Review of CEG
On Tuesday, Constellation Energy Corporation [NASDAQ:CEG] saw its stock fall -3.52% to $210.85. Over the last five days, the stock has gained 1.09%. Constellation Energy Corporation shares have fallen nearly -5.75% since the year began. Nevertheless, the stocks have risen 28.07% over the past one year. While a 52-week high of $352.00 was reached on 01/23/25, a 52-week low of $155.60 was recorded on 03/10/25. SMA at 50 days reached $277.82, while 200 days put it at $236.43.
Levels Of Support And Resistance For CEG Stock
The 24-hour chart illustrates a support level at 207.36, which if violated will result in even more drops to 203.86. On the upside, there is a resistance level at 216.24. A further resistance level may holdings at 221.63. The Relative Strength Index (RSI) on the 14-day chart is 33.88, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -5.83, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 82.02%. Stochastics %K at 23.19% indicates the stock is a holding.
How much short interest is there in Constellation Energy Corporation?
A steep rise in short interest was recorded in Constellation Energy Corporation stocks on 2025-02-28, growing by 0.64 million shares to a total of 6.94 million shares. Yahoo Finance data shows the prior-month short interest on 2025-01-31 was 6.3 million shares. There was a rise of 9.26%, which implies that there is a positive sentiment for the stock.
The most recent change occurred on August 08, 2024 when Barclays began covering the stock and recommended ‘”an Overweight”‘ rating along with a $211 price target.
