The buying and selling of stock by a company’s insider give investors a sense that the stock will rise or fall in the future. Hess Corporation shares valued at $28,091,000 were purchased by JBH Investment Trust on Mar 27 ’25. At $160.52 per share, JBH Investment Trust acquired 175,000 shares.
Also, Hill Gregory P. sold 57,858 shares, netting a total of over 9,063,880 in proceeds. Following the sale of shares at $156.66 each, the insider now holds 142,594 shares.
Before that, Hill Gregory P had added 57,858 shares to its account. In a trade valued at $9,047,834, the Officer bought Hess Corporation shares for $156.38 each.
As published in a research note from Wells Fargo on December 09, 2024, Hess Corporation [HES] has been rated up from an Equal weight to an Overweight and the price target has been revised to $193 from $151. Analysts at Wolfe Research upgraded the stock from ‘”a Peer perform”‘ to ‘”an Outperform”‘ outlook in a report released in late September. Earlier on November 07, 2023, Argus upgraded its rating. Their new recommendation was “a Buy” for HES stock which previously was a “a Hold”.
Analyzing HES Stock Performance
During the last five days, there has been a surge of approximately 1.08%. Over the course of the year, Hess Corporation shares have jumped approximately 19.59%. Shares of the company reached a 52-week high of $161.63 on 03/26/25 and a 52-week low of $133.65 on 01/02/25. A 50-day SMA is recorded $147.67, while a 200-day SMA reached $141.98.
Support And Resistance Levels for Hess Corporation (HES)
According to the 24-hour chart, there is a support level at 157.94, which, if violated, would cause prices to drop to 156.82. In the upper region, resistance lies at 160.42. The next price resistance is at 161.78. RSI (Relative Strength Index) is 67.22 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at 6.60, which suggests the price will increase in the coming days. Percent R is at 13.41%, indicating bullish price movement. Stochastics %K at selling indicates that the stock is to be held.
