Investors can expect a company’s stock to rise or fall based on the buying and selling of stock by its insiders. PPL Corp shares valued at $39,858 were sold by Martin Christine M on Feb 28 ’25. At $34.78 per share, Martin Christine M sold 1,146 shares. The insider’s holdings dropped to 37,167 shares worth approximately $1.3 million following the completion of this transaction.
Also, Martin Christine M purchased 1,146 shares, netting a total of over 39,858 in proceeds.
Before that, Bonenberger David J had sold 4,523 shares from its account. In a trade valued at $153,149, the SVP & COO-Utilities of PPL Sub traded PPL Corp shares for $33.86 each. Upon closing the transaction, the insider’s holdings decreased to 4,523 shares, worth approximately $1.59 million.
As published in their initiating research note from BMO Capital Markets on December 11, 2024, PPL Corp [PPL] has been an Outperform and the price target has been revised to $36. Analysts at JP Morgan started covering the stock with ‘”an Overweight”‘ outlook in a report released in late October. As of September 20, 2024, Jefferies has initiated its “Buy” rating for PPL. Earlier on March 08, 2024, Argus upgraded its rating. Their new recommendation was “a Buy” for PPL stock which previously was a “a Hold”.
Analyzing PPL Stock Performance
Over the course of the year, PPL Corp shares have jumped approximately 7.76%. Shares of the company reached a 52-week high of $35.91 on 03/04/25 and a 52-week low of $31.22 on 01/13/25. A 50-day SMA is recorded $34.14, while a 200-day SMA reached $32.10.
Support And Resistance Levels for PPL Corp (PPL)
According to the 24-hour chart, there is a support level at 34.68, which, if violated, would cause prices to drop to 34.38. In the upper region, resistance lies at 35.18. The next price resistance is at 35.38. RSI (Relative Strength Index) is 55.60 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at -0.07, which suggests the price will decrease in the coming days. Percent R is at 26.51%, indicating bullish price movement. Stochastics %K at holding indicates that the stock is to be held.
