In a filing, SM Energy Co revealed its Director PERU RAMIRO G acquired Company’s shares for reported $0.14 million on Mar 04 ’25. In the deal valued at $28.72 per share,5,000 shares were bought. As a result of this transaction, PERU RAMIRO G now holds 82,535 shares worth roughly $2.43 million.
Then, Vogel Herbert S bought 500 shares, generating $14,835 in total proceeds. Upon buying the shares at $29.67, the President & CEO now owns 487,101 shares.
Before that, BROOKMAN BARTON R JR bought 7,000 shares. SM Energy Co shares valued at $226,520 were divested by the Director at a price of $32.36 per share. As a result of the transaction, BROOKMAN BARTON R JR now holds 14,666 shares, worth roughly $0.43 million.
JP Morgan downgraded its SM Energy Co [SM] rating to a Neutral from a an Overweight in a research note published on December 05, 2024; the price target was increased to $53 from $51. A number of analysts have revised their coverage, including TD Cowen’s analysts, who increased its forecast for the stock in mid October from “a Hold” to “a Buy”. Tudor Pickering Holt & Co. also remained covering SM and has increased its forecast on August 21, 2024 with a “Buy” recommendation from previously “Hold” rating. Truist started covering the stock on June 25, 2024. It rated SM as “a Hold”.
Price Performance Review of SM
On Friday, SM Energy Co [NYSE:SM] saw its stock fall -2.81% to $29.40. Over the last five days, the stock has lost -4.14%. SM Energy Co shares have fallen nearly -24.15% since the year began. Nevertheless, the stocks have fallen -39.61% over the past one year. While a 52-week high of $53.26 was reached on 01/15/25, a 52-week low of $26.66 was recorded on 03/05/25. SMA at 50 days reached $34.79, while 200 days put it at $41.08.
Levels Of Support And Resistance For SM Stock
The 24-hour chart illustrates a support level at 28.79, which if violated will result in even more drops to 28.18. On the upside, there is a resistance level at 30.10. A further resistance level may holdings at 30.80. The Relative Strength Index (RSI) on the 14-day chart is 38.83, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -0.12, which suggests price will go down in the next trading period. Percent R suggests that price movement has been low at 60.59%. Stochastics %K at 57.96% indicates the stock is a holding.
How much short interest is there in SM Energy Co?
A steep rise in short interest was recorded in SM Energy Co stocks on 2025-03-14, growing by 2.32 million shares to a total of 11.75 million shares. Yahoo Finance data shows the prior-month short interest on 2025-02-14 was 9.43 million shares. There was a rise of 19.75%, which implies that there is a positive sentiment for the stock.
The most recent change occurred on June 21, 2024 when Stephens began covering the stock and recommended ‘”an Overweight”‘ rating along with a $63 price target.
