SM Energy Co’s recently made public that its Director PERU RAMIRO G acquired Company’s shares for reported $0.14 million on Mar 04 ’25. In the deal valued at $28.72 per share,5,000 shares were bought. As a result of this transaction, PERU RAMIRO G now holds 82,535 shares worth roughly $2.53 million.
Then, Vogel Herbert S bought 500 shares, generating $14,835 in total proceeds. Upon buying the shares at $29.67, the President & CEO now owns 487,101 shares.
Before that, BROOKMAN BARTON R JR bought 7,000 shares. SM Energy Co shares valued at $226,520 were divested by the Director at a price of $32.36 per share. As a result of the transaction, BROOKMAN BARTON R JR now holds 14,666 shares, worth roughly $0.45 million.
JP Morgan downgraded its SM Energy Co [SM] rating to a Neutral from a an Overweight in a research note published on December 05, 2024; the price target was increased to $53 from $51. A number of analysts have revised their coverage, including TD Cowen’s analysts, who increased its forecast for the stock in mid October from “a Hold” to “a Buy”. Tudor Pickering Holt & Co. also remained covering SM and has increased its forecast on August 21, 2024 with a “Buy” recommendation from previously “Hold” rating. Truist started covering the stock on June 25, 2024. It rated SM as “a Hold”.
Price Performance Review of SM
On Friday, SM Energy Co [NYSE:SM] saw its stock fall -0.84% to $30.67. Over the last five days, the stock has gained 2.27%. SM Energy Co shares have fallen nearly -20.87% since the year began. Nevertheless, the stocks have fallen -35.81% over the past one year. While a 52-week high of $53.26 was reached on 01/15/25, a 52-week low of $26.66 was recorded on 03/05/25. SMA at 50 days reached $36.10, while 200 days put it at $41.50.
Levels Of Support And Resistance For SM Stock
The 24-hour chart illustrates a support level at 30.36, which if violated will result in even more drops to 30.05. On the upside, there is a resistance level at 31.07. A further resistance level may holdings at 31.47. The Relative Strength Index (RSI) on the 14-day chart is 42.61, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 1.69, which suggests price will go up in the next trading period. Percent R suggests that price movement has been bullish at 14.50%. Stochastics %K at 73.85% indicates the stock is a holding.
How much short interest is there in SM Energy Co?
A steep rise in short interest was recorded in SM Energy Co stocks on 2025-02-28, dropping by 77059.0 shares to a total of 10.15 million shares. Yahoo Finance data shows the prior-month short interest on 2025-01-31 was 10.23 million shares. There was a decline of -0.76%, which implies that there is a negative sentiment for the stock.
The most recent change occurred on June 21, 2024 when Stephens began covering the stock and recommended ‘”an Overweight”‘ rating along with a $63 price target.
