Talen Energy Corp’s recent filing unveils that its Director Horton Anthony R acquired Company’s shares for reported $0.19 million on Mar 06 ’25. In the deal valued at $190.59 per share,1,000 shares were bought. As a result of this transaction, Horton Anthony R now holds 1,000 shares worth roughly $0.2 million.
Then, Rubric Capital Management LP sold 4,893,507 shares, generating $999,999,900 in total proceeds. Upon selling the shares at $204.35, the 10% Owner now owns 6,475,107 shares.
Morgan Stanley initiated its Talen Energy Corp [TLN] rating to an Overweight in a research note published on March 12, 2025; the price target was $243. A number of analysts have revised their coverage, including Evercore ISI’s analysts, who began to cover the stock in late February with a ‘”an Outperform”‘ rating. BofA Securities began covering TLN with “Buy” recommendation on February 03, 2025. Daiwa Securities started covering the stock on December 04, 2024. It rated TLN as “a Buy”.
Price Performance Review of TLN
On Friday, Talen Energy Corp [NASDAQ:TLN] saw its stock fall -2.62% to $197.48. Over the last five days, the stock has lost -8.07%. Talen Energy Corp shares have fallen nearly -1.98% since the year began. Nevertheless, the stocks have risen 117.25% over the past one year. While a 52-week high of $258.03 was reached on 01/23/25, a 52-week low of $90.89 was recorded on 03/10/25. SMA at 50 days reached $217.16, while 200 days put it at $178.47.
Levels Of Support And Resistance For TLN Stock
The 24-hour chart illustrates a support level at 192.61, which if violated will result in even more drops to 187.73. On the upside, there is a resistance level at 203.81. A further resistance level may holdings at 210.13. The Relative Strength Index (RSI) on the 14-day chart is 44.41, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -3.43, which suggests price will go down in the next trading period. Percent R suggests that price movement has been low at 40.42%. Stochastics %K at 67.70% indicates the stock is a holding.
How much short interest is there in Talen Energy Corp?
A steep rise in short interest was recorded in Talen Energy Corp stocks on 2025-03-14, growing by 12485.0 shares to a total of 2.13 million shares. Yahoo Finance data shows the prior-month short interest on 2025-02-14 was 2.12 million shares. There was a rise of 0.59%, which implies that there is a positive sentiment for the stock.
The most recent change occurred on October 17, 2024 when JP Morgan began covering the stock and recommended ‘”an Overweight”‘ rating along with a $268 price target.
