Southwest Gas Holdings Inc’s recent filing unveils that its SVP/Chief Financial Officer Stefani Robert J unloaded Company’s shares for reported $0.15 million on Mar 28 ’25. In the deal valued at $72.55 per share,2,000 shares were sold. As a result of this transaction, Stefani Robert J now holds 31,665 shares worth roughly $2.27 million.
Then, Stefani Robert J bought 2,000 shares, generating $145,100 in total proceeds.
Before that, ICAHN CARL C sold 2,100,000 shares. Southwest Gas Holdings Inc shares valued at $156,660,000 were divested by the 10% Owner at a price of $74.60 per share. As a result of the transaction, ICAHN CARL C now holds 7,532,604 shares, worth roughly $540.84 million.
Jefferies initiated its Southwest Gas Holdings Inc [SWX] rating to a Hold in a research note published on January 14, 2025; the price target was $73. BofA Securities revised its rating on November 30, 2022. It rated SWX as “a Neutral” which previously was an “a Buy”.
Price Performance Review of SWX
On Monday, Southwest Gas Holdings Inc [NYSE:SWX] saw its stock fall -1.60% to $71.80. Over the last five days, the stock has lost -4.53%. Southwest Gas Holdings Inc shares have risen nearly 1.54% since the year began. Nevertheless, the stocks have fallen -4.20% over the past one year. While a 52-week high of $80.29 was reached on 02/14/25, a 52-week low of $64.31 was recorded on 01/10/25. SMA at 50 days reached $74.81, while 200 days put it at $73.50.
Levels Of Support And Resistance For SWX Stock
The 24-hour chart illustrates a support level at 71.20, which if violated will result in even more drops to 70.59. On the upside, there is a resistance level at 72.51. A further resistance level may holdings at 73.21. The Relative Strength Index (RSI) on the 14-day chart is 39.51, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -1.83, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 86.27%. Stochastics %K at 21.49% indicates the stock is a holding.
How much short interest is there in Southwest Gas Holdings Inc?
A steep rise in short interest was recorded in Southwest Gas Holdings Inc stocks on 2025-03-14, dropping by -0.23 million shares to a total of 1.26 million shares. Yahoo Finance data shows the prior-month short interest on 2025-02-14 was 1.5 million shares. There was a decline of -18.36%, which implies that there is a negative sentiment for the stock.
