Eversource Energy’s recent filing unveils that its Former Director DiStasio James S acquired Company’s shares for reported $0.51 million on Mar 31 ’25. In the deal valued at $62.20 per share,8,200 shares were bought.
Then, BUTLER GREGORY B sold 12,000 shares, generating $752,148 in total proceeds. Upon selling the shares at $62.68, the Executive VP & General Counsel now owns 61,268 shares.
Before that, BUTLER GREGORY B bought 12,000 shares. Eversource Energy shares valued at $752,151 were divested by the Officer at a price of $62.68 per share.
Scotiabank downgraded its Eversource Energy [ES] rating to a Sector underperform from a a Sector perform in a research note published on December 12, 2024; the price target was decreased to $56 from $66. A number of analysts have revised their coverage, including Jefferies’s analysts, who began to cover the stock in early December with a ‘”an Underperform”‘ rating. BofA Securities also remained covering ES and has increased its forecast on June 25, 2024 with a “Neutral” recommendation from previously “an Underperform” rating. Goldman started covering the stock on April 10, 2024. It rated ES as “a Buy”.
Price Performance Review of ES
On Monday, Eversource Energy [NYSE:ES] saw its stock jump 1.62% to $62.11. Over the last five days, the stock has gained 2.05%. Eversource Energy shares have risen nearly 8.15% since the year began. Nevertheless, the stocks have risen 5.31% over the past one year. While a 52-week high of $69.01 was reached on 02/25/25, a 52-week low of $54.75 was recorded on 01/13/25. SMA at 50 days reached $60.28, while 200 days put it at $61.99.
Levels Of Support And Resistance For ES Stock
The 24-hour chart illustrates a support level at 61.46, which if violated will result in even more drops to 60.81. On the upside, there is a resistance level at 62.56. A further resistance level may holdings at 63.00. The Relative Strength Index (RSI) on the 14-day chart is 56.30, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 0.34, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bullish at 7.69%. Stochastics %K at 64.95% indicates the stock is a holding.
How much short interest is there in Eversource Energy?
A steep rise in short interest was recorded in Eversource Energy stocks on 2025-03-14, dropping by -0.71 million shares to a total of 5.32 million shares. Yahoo Finance data shows the prior-month short interest on 2025-02-14 was 6.04 million shares. There was a decline of -13.41%, which implies that there is a negative sentiment for the stock.
