Investors can speculate about the future of a stock by watching how its insiders buy and sell stocks. NiSource Inc shares valued at $526,191 were sold by Anderson Shawn on Mar 03 ’25. At $40.79 per share, Anderson Shawn sold 12,900 shares. The insider’s holdings dropped to 157,879 shares worth approximately $6.25 million following the completion of this transaction.
Also, Anderson Shawn purchased 12,900 shares, netting a total of over 526,191 in proceeds.
Before that, Gode Gunnar had sold 5,500 shares from its account. In a trade valued at $219,560, the VP & Chief Accounting Officer traded NiSource Inc shares for $39.92 each. Upon closing the transaction, the insider’s holdings decreased to 5,500 shares, worth approximately $0.98 million.
Analysts at Mizuho started covering the stock with ‘”an Outperform”‘ outlook in a report released in mid July. As of January 22, 2024, Barclays has initiated its “an Overweight” rating for NI. Earlier on October 06, 2023, Ladenburg Thalmann initiated its rating. Their recommendation was “a Buy” for NI stock.
Analyzing NI Stock Performance
During the last five days, there has been a surge of approximately 2.33%. Over the course of the year, NiSource Inc shares have jumped approximately 7.64%. Shares of the company reached a 52-week high of $41.44 on 03/04/25 and a 52-week low of $35.51 on 01/06/25. A 50-day SMA is recorded $38.49, while a 200-day SMA reached $34.57.
Support And Resistance Levels for NiSource Inc (NI)
According to the 24-hour chart, there is a support level at 39.31, which, if violated, would cause prices to drop to 39.04. In the upper region, resistance lies at 39.78. The next price resistance is at 39.98. RSI (Relative Strength Index) is 54.92 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at 0.02, which suggests the price will decrease in the coming days. Percent R is at 54.82%, indicating low price movement. Stochastics %K at holding indicates that the stock is to be held.
