Investors can speculate about the future of a stock by watching how its insiders buy and sell stocks. Northern Oil and Gas Inc shares valued at $27,480 were purchased by O’GRADY NICHOLAS L. on Mar 07 ’25. At $27.48 per share, O’GRADY NICHOLAS L. acquired 1,000 shares. The insider’s holdings grew to 226,189 shares worth approximately $7.0 million following the completion of this transaction.
Also, Lasher Stuart G. purchased 20,000 shares, netting a total of over 552,400 in proceeds. Following the buying of shares at $27.62 each, the insider now holds 40,000 shares.
Before that, Akradi Bahram had added 40,000 shares to its account. In a trade valued at $1,121,360, the Director bought Northern Oil and Gas Inc shares for $28.03 each. Upon closing the transaction, the insider’s holdings increased to 40,000 shares, worth approximately $51.44 million.
As published in a research note from CapitalOne on February 21, 2025, Northern Oil and Gas Inc [NOG] has been rated down from an Overweight to an Equal weight. Analysts at Mizuho downgraded the stock from ‘”an Outperform”‘ to ‘”a Neutral”‘ outlook in a report released in mid December. As of November 20, 2024, RBC Capital Mkts has decreased its “an Outperform” rating to a “Sector perform” for NOG.
Analyzing NOG Stock Performance
During the last five days, there has been a surge of approximately 0.78%. Over the course of the year, Northern Oil and Gas Inc shares have dropped approximately -16.71%. Shares of the company reached a 52-week high of $42.35 on 01/16/25 and a 52-week low of $26.59 on 03/05/25. A 50-day SMA is recorded $33.82, while a 200-day SMA reached $37.40.
Support And Resistance Levels for Northern Oil and Gas Inc (NOG)
According to the 24-hour chart, there is a support level at 30.68, which, if violated, would cause prices to drop to 30.42. In the upper region, resistance lies at 31.40. The next price resistance is at 31.86. RSI (Relative Strength Index) is 49.43 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at 1.32, which suggests the price will increase in the coming days. Percent R is at 13.21%, indicating bullish price movement. Stochastics %K at selling indicates that the stock is to be held.
