Investors can expect a company’s stock to rise or fall based on the buying and selling of stock by its insiders. Centerpoint Energy Inc shares valued at $210,554 were sold by Pound Ted on Mar 03 ’25. At $34.50 per share, Pound Ted sold 6,103 shares. The insider’s holdings dropped to 46,803 shares worth approximately $1.67 million following the completion of this transaction.
Also, Colvin Kristie sold 16,357 shares, netting a total of over 557,855 in proceeds. Following the sale of shares at $34.10 each, the insider now holds 118,882 shares.
Before that, Colvin Kristie had sold 179 shares from its account. In a trade valued at $6,100, the SVP and CAO traded Centerpoint Energy Inc shares for $34.08 each. Upon closing the transaction, the insider’s holdings decreased to 179 shares, worth approximately $0.0.
As published in a research note from Evercore ISI on March 11, 2025, Centerpoint Energy Inc [CNP] has been rated up from an In-line to an Outperform and the price target has been revised to $37 from $36. Analysts at Guggenheim downgraded the stock from ‘”a Buy”‘ to ‘”a Neutral”‘ outlook in a report released in late January. As of December 12, 2024, Ladenburg Thalmann has initiated its “Buy” rating for CNP. Earlier on December 03, 2024, UBS upgraded its rating. Their new recommendation was “a Buy” for CNP stock which previously was a “a Neutral”.
Analyzing CNP Stock Performance
During the last five days, there has been a drop of approximately -0.81%. Over the course of the year, Centerpoint Energy Inc shares have jumped approximately 12.42%. Shares of the company reached a 52-week high of $36.19 on 03/21/25 and a 52-week low of $30.59 on 01/08/25. A 50-day SMA is recorded $33.75, while a 200-day SMA reached $30.66.
Support And Resistance Levels for Centerpoint Energy Inc (CNP)
According to the 24-hour chart, there is a support level at 35.48, which, if violated, would cause prices to drop to 35.29. In the upper region, resistance lies at 35.88. The next price resistance is at 36.09. RSI (Relative Strength Index) is 63.82 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at 0.15, which suggests the price will decrease in the coming days. Percent R is at 24.94%, indicating bullish price movement. Stochastics %K at holding indicates that the stock is to be held.
