In a filing, Targa Resources Corp revealed its Retired Officer Boushka Julie H. acquired Company’s shares for reported $1.02 million on Mar 24 ’25. In the deal valued at $204.94 per share,5,000 shares were bought.
Then, Cooksen Lindsey sold 1,050 shares, generating $208,042 in total proceeds. Upon selling the shares at $198.14, the Director now owns 11,075 shares.
Before that, Chung Paul W sold 6,222 shares. Targa Resources Corp shares valued at $1,262,532 were divested by the Director at a price of $202.91 per share. As a result of the transaction, Chung Paul W now holds 35,920 shares, worth roughly $7.11 million.
Scotiabank started covering the stock on March 02, 2023. It rated TRGP as “a Sector outperform”.
Price Performance Review of TRGP
On Friday, Targa Resources Corp [NYSE:TRGP] saw its stock fall -0.60% to $197.82. Over the last five days, the stock has gained 0.21%. Targa Resources Corp shares have risen nearly 10.82% since the year began. Nevertheless, the stocks have risen 78.78% over the past one year. While a 52-week high of $218.51 was reached on 01/22/25, a 52-week low of $110.09 was recorded on 03/10/25. SMA at 50 days reached $199.53, while 200 days put it at $169.06.
Levels Of Support And Resistance For TRGP Stock
The 24-hour chart illustrates a support level at 195.99, which if violated will result in even more drops to 194.17. On the upside, there is a resistance level at 199.63. A further resistance level may holdings at 201.45. The Relative Strength Index (RSI) on the 14-day chart is 51.50, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 4.08, which suggests price will go up in the next trading period. Percent R suggests that price movement has been low at 34.14%. Stochastics %K at 72.96% indicates the stock is a holding.
How much short interest is there in Targa Resources Corp?
A steep rise in short interest was recorded in Targa Resources Corp stocks on 2025-03-14, growing by 0.49 million shares to a total of 4.13 million shares. Yahoo Finance data shows the prior-month short interest on 2025-02-14 was 3.63 million shares. There was a rise of 11.93%, which implies that there is a positive sentiment for the stock.
The most recent change occurred on December 09, 2022 when Citigroup began covering the stock and recommended ‘”a Buy”‘ rating along with a $95 price target.
