PPL Corp’s recently made public that its President of a PPL Subsidiary Martin Christine M unloaded Company’s shares for reported $39858.0 on Feb 28 ’25. In the deal valued at $34.78 per share,1,146 shares were sold. As a result of this transaction, Martin Christine M now holds 37,167 shares worth roughly $1.31 million.
Then, Martin Christine M bought 1,146 shares, generating $39,858 in total proceeds.
Before that, Bonenberger David J sold 4,523 shares. PPL Corp shares valued at $153,149 were divested by the SVP & COO-Utilities of PPL Sub at a price of $33.86 per share. As a result of the transaction, Bonenberger David J now holds 45,414 shares, worth roughly $1.6 million.
BMO Capital Markets initiated its PPL Corp [PPL] rating to an Outperform in a research note published on December 11, 2024; the price target was $36. A number of analysts have revised their coverage, including JP Morgan’s analysts, who began to cover the stock in late October with a ‘”an Overweight”‘ rating. Jefferies began covering PPL with “Buy” recommendation on September 20, 2024. Argus revised its rating on March 08, 2024. It rated PPL as “a Buy” which previously was an “a Hold”.
Price Performance Review of PPL
On Monday, PPL Corp [NYSE:PPL] saw its stock jump 0.75% to $35.15. Over the last five days, the stock has gained 2.54%. PPL Corp shares have risen nearly 8.29% since the year began. Nevertheless, the stocks have risen 30.38% over the past one year. While a 52-week high of $35.91 was reached on 03/04/25, a 52-week low of $25.93 was recorded on 01/13/25. SMA at 50 days reached $33.69, while 200 days put it at $31.87.
Levels Of Support And Resistance For PPL Stock
The 24-hour chart illustrates a support level at 34.88, which if violated will result in even more drops to 34.60. On the upside, there is a resistance level at 35.42. A further resistance level may holdings at 35.69. The Relative Strength Index (RSI) on the 14-day chart is 59.45, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 0.15, which suggests price will go down in the next trading period. Percent R suggests that price movement has been low at 35.19%. Stochastics %K at 45.37% indicates the stock is a holding.
How much short interest is there in PPL Corp?
A steep rise in short interest was recorded in PPL Corp stocks on 2025-02-28, growing by 2.77 million shares to a total of 21.04 million shares. Yahoo Finance data shows the prior-month short interest on 2025-01-31 was 18.27 million shares. There was a rise of 13.16%, which implies that there is a positive sentiment for the stock.
