Investors can expect a company’s stock to rise or fall based on the buying and selling of stock by its insiders. Constellation Energy Corporation shares valued at $1,241,581 were sold by Bauer Matthew N on Feb 20 ’25. At $310.40 per share, Bauer Matthew N sold 4,000 shares. The insider’s holdings dropped to 6,587 shares worth approximately $1.38 million following the completion of this transaction.
Also, MATTHEW BAUER purchased 4,000 shares, netting a total of over 1,241,581 in proceeds.
As published in a research note from BofA Securities on December 12, 2024, Constellation Energy Corporation [CEG] has been rated up from a Neutral to a Buy and the price target has been revised to $269 from $237. Analysts at JP Morgan started covering the stock with ‘”an Overweight”‘ outlook in a report released in mid October. As of October 15, 2024, Citigroup has initiated its “Neutral” rating for CEG. Earlier on September 13, 2024, Jefferies initiated its rating. Their recommendation was “a Hold” for CEG stock.
Analyzing CEG Stock Performance
During the last five days, there has been a drop of approximately -4.67%. Over the course of the year, Constellation Energy Corporation shares have dropped approximately -6.49%. Shares of the company reached a 52-week high of $352.00 on 01/23/25 and a 52-week low of $195.56 on 03/10/25. A 50-day SMA is recorded $270.86, while a 200-day SMA reached $236.82.
Support And Resistance Levels for Constellation Energy Corporation (CEG)
According to the 24-hour chart, there is a support level at 205.30, which, if violated, would cause prices to drop to 201.39. In the upper region, resistance lies at 215.33. The next price resistance is at 221.45. RSI (Relative Strength Index) is 36.05 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at 1.72, which suggests the price will increase in the coming days. Percent R is at 61.67%, indicating low price movement. Stochastics %K at holding indicates that the stock is to be held.
