In a filing, WEC Energy Group Inc revealed its Director KLAPPA GALE E unloaded Company’s shares for reported $5.39 million on Mar 03 ’25. In the deal valued at $107.73 per share,50,000 shares were sold. As a result of this transaction, KLAPPA GALE E now holds 274,955 shares worth roughly $29.57 million.
Then, KLAPPA GALE E sold 25,000 shares, generating $2,715,617 in total proceeds. Upon selling the shares at $108.62, the Director now owns 274,955 shares.
Before that, GALE KLAPPA bought 25,000 shares. WEC Energy Group Inc shares valued at $2,715,618 were divested by the Officer at a price of $108.62 per share.
Barclays upgraded its WEC Energy Group Inc [WEC] rating to an Equal weight from a an Underweight in a research note published on January 02, 2025; the price target was increased to $93 from $89. A number of analysts have revised their coverage, including BofA Securities’s analysts, who increased its forecast for the stock in mid December from “an Underperform” to “a Neutral”. Jefferies began covering WEC with “Hold” recommendation on September 20, 2024. Goldman started covering the stock on April 10, 2024. It rated WEC as “a Neutral”.
Price Performance Review of WEC
On Friday, WEC Energy Group Inc [NYSE:WEC] saw its stock jump 1.25% to $107.55. Over the last five days, the stock has gained 0.69%. WEC Energy Group Inc shares have risen nearly 14.37% since the year began. Nevertheless, the stocks have risen 36.75% over the past one year. While a 52-week high of $110.19 was reached on 03/10/25, a 52-week low of $77.47 was recorded on 01/07/25. SMA at 50 days reached $103.47, while 200 days put it at $94.59.
Levels Of Support And Resistance For WEC Stock
The 24-hour chart illustrates a support level at 106.77, which if violated will result in even more drops to 105.99. On the upside, there is a resistance level at 108.31. A further resistance level may holdings at 109.06. The Relative Strength Index (RSI) on the 14-day chart is 57.53, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 0.16, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bullish at 27.01%. Stochastics %K at 48.67% indicates the stock is a holding.
How much short interest is there in WEC Energy Group Inc?
A steep rise in short interest was recorded in WEC Energy Group Inc stocks on 2025-03-14, growing by 0.14 million shares to a total of 12.07 million shares. Yahoo Finance data shows the prior-month short interest on 2025-02-14 was 11.93 million shares. There was a rise of 1.12%, which implies that there is a positive sentiment for the stock.
