In a filing, Hess Corporation revealed its Chief Executive Officer HESS JOHN B unloaded Company’s shares for reported $27.88 million on Mar 27 ’25. In the deal valued at $159.30 per share,175,000 shares were sold. As a result of this transaction, HESS JOHN B now holds 2,384,679 shares worth roughly $380.9 million.
Then, HESS JOHN B sold 175,000 shares, generating $27,735,320 in total proceeds. Upon selling the shares at $158.49, the Chief Executive Officer now owns 2,209,679 shares.
Before that, JBH Investment Trust bought 175,000 shares. Hess Corporation shares valued at $27,837,250 were divested by the insider at a price of $159.07 per share.
Wells Fargo upgraded its Hess Corporation [HES] rating to an Overweight from a an Equal weight in a research note published on December 09, 2024; the price target was increased to $193 from $151. A number of analysts have revised their coverage, including Wolfe Research’s analysts, who increased its forecast for the stock in late September from “a Peer perform” to “an Outperform”. Argus revised its rating on November 07, 2023. It rated HES as “a Buy” which previously was an “a Hold”.
Price Performance Review of HES
On monday, Hess Corporation [NYSE:HES] saw its stock jump 0.81% to $159.73. Over the last five days, the stock has gained 1.51%. Hess Corporation shares have risen nearly 20.09% since the year began. Nevertheless, the stocks have risen 6.10% over the past one year. While a 52-week high of $163.98 was reached on 03/31/25, a 52-week low of $123.79 was recorded on 01/02/25. SMA at 50 days reached $148.06, while 200 days put it at $142.09.
Levels Of Support And Resistance For HES Stock
The 24-hour chart illustrates a support level at 157.92, which if violated will result in even more drops to 156.10. On the upside, there is a resistance level at 161.62. A further resistance level may holdings at 163.50. The Relative Strength Index (RSI) on the 14-day chart is 67.36, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 4.58, which suggests price will go up in the next trading period. Percent R suggests that price movement has been bullish at 10.23%. Stochastics %K at 86.57% indicates the stock is a selling.
How much short interest is there in Hess Corporation?
A steep rise in short interest was recorded in Hess Corporation stocks on 2025-03-14, dropping by -0.95 million shares to a total of 5.99 million shares. Yahoo Finance data shows the prior-month short interest on 2025-02-14 was 6.94 million shares. There was a decline of -15.89%, which implies that there is a negative sentiment for the stock.
