The buying and selling of stock by a company’s insider give investors a sense that the stock will rise or fall in the future. PG&E Corp shares valued at $100,548 were purchased by DENAULT LEO P on Mar 11 ’25. At $15.96 per share, DENAULT LEO P acquired 6,300 shares. The insider’s holdings grew to 6,300 shares worth approximately $0.11 million following the completion of this transaction.
Also, Glickman Jason M sold 40,239 shares, netting a total of over 632,155 in proceeds. Following the sale of shares at $15.71 each, the insider now holds 148,124 shares.
Before that, Glickman Jason M had added 40,239 shares to its account. In a trade valued at $631,954, the Officer bought PG&E Corp shares for $15.71 each.
As published in a research note from UBS on March 19, 2025, PG&E Corp [PCG] has been rated down from a Buy to a Neutral and the price target has been revised to $19 from $22. Analysts at Guggenheim downgraded the stock from ‘”a Buy”‘ to ‘”a Neutral”‘ outlook in a report released in mid February. As of February 14, 2025, Morgan Stanley has decreased its “an Equal-weight” rating to a “an Underweight” for PCG.
Analyzing PCG Stock Performance
During the last five days, there has been a surge of approximately 4.88%. Over the course of the year, PG&E Corp shares have dropped approximately -14.77%. Shares of the company reached a 52-week high of $20.43 on 01/06/25 and a 52-week low of $14.99 on 02/04/25. A 50-day SMA is recorded $16.30, while a 200-day SMA reached $18.58.
Support And Resistance Levels for PG&E Corp (PCG)
According to the 24-hour chart, there is a support level at 17.02, which, if violated, would cause prices to drop to 16.85. In the upper region, resistance lies at 17.31. The next price resistance is at 17.42. RSI (Relative Strength Index) is 63.55 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at 0.66, which suggests the price will decrease in the coming days. Percent R is at 3.55%, indicating bullish price movement. Stochastics %K at selling indicates that the stock is to be held.
