Portland General Electric Co’s recently made public that its EVP, COO Felton Benjamin unloaded Company’s shares for reported $23759.0 on Feb 18 ’25. In the deal valued at $41.32 per share,575 shares were sold. As a result of this transaction, Felton Benjamin now holds 37,282 shares worth roughly $1.62 million.
Then, Trpik Joseph R JR sold 1,375 shares, generating $56,815 in total proceeds. Upon selling the shares at $41.32, the SVP, Finance CFO now owns 31,960 shares.
Before that, Espinosa Maria Angelica sold 2,618 shares. Portland General Electric Co shares valued at $108,176 were divested by the SVP, Chief Legal & Compliance at a price of $41.32 per share. As a result of the transaction, Espinosa Maria Angelica now holds 21,014 shares, worth roughly $0.91 million.
Ladenburg Thalmann downgraded its Portland General Electric Co [POR] rating to a Neutral from a a Buy in a research note published recently. A number of analysts have revised their coverage, including UBS’s analysts, who decreased its forecast for the stock in early January from “a Buy” to “a Neutral”. Evercore ISI began covering POR with “an Outperform” recommendation on September 25, 2024. Jefferies started covering the stock on September 20, 2024. It rated POR as “a Hold”.
Price Performance Review of POR
On Monday, Portland General Electric Co [NYSE:POR] saw its stock fall -0.73% to $43.42. Over the last five days, the stock has lost -3.02%. Portland General Electric Co shares have fallen nearly -0.46% since the year began. Nevertheless, the stocks have risen 5.24% over the past one year. While a 52-week high of $49.85 was reached on 03/04/25, a 52-week low of $40.05 was recorded on 01/13/25. SMA at 50 days reached $42.81, while 200 days put it at $45.28.
Levels Of Support And Resistance For POR Stock
The 24-hour chart illustrates a support level at 43.21, which if violated will result in even more drops to 42.99. On the upside, there is a resistance level at 43.76. A further resistance level may holdings at 44.09. The Relative Strength Index (RSI) on the 14-day chart is 45.83, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -0.42, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 91.38%. Stochastics %K at 23.25% indicates the stock is a holding.
How much short interest is there in Portland General Electric Co?
A steep rise in short interest was recorded in Portland General Electric Co stocks on 2025-02-28, growing by 0.62 million shares to a total of 3.76 million shares. Yahoo Finance data shows the prior-month short interest on 2025-01-31 was 3.13 million shares. There was a rise of 16.61%, which implies that there is a positive sentiment for the stock.
