Investors can speculate about the future of a stock by watching how its insiders buy and sell stocks. APA Corporation shares valued at $100,027 were purchased by Ellis Juliet S on Dec 12 ’24. At $22.78 per share, Ellis Juliet S acquired 4,391 shares. The insider’s holdings grew to 12,436 shares worth approximately $0.26 million following the completion of this transaction.
Also, LANNIE P ANTHONY purchased 89,501 shares, netting a total of over 2,145,212 in proceeds.
Before that, Rabun Daniel Wayne had added 75,998 shares to its account. In a trade valued at $2,251,820, the Director bought APA Corporation shares for $29.63 each.
As published in a research note from Raymond James on March 10, 2025, APA Corporation [APA] has been rated down from a Strong buy to an Outperform and the price target has been revised to $32 from $45. Analysts at Wells Fargo downgraded the stock from ‘”an Overweight”‘ to ‘”an Equal weight”‘ outlook in a report released in mid December. Earlier on June 14, 2024, Evercore ISI downgraded its rating. Their new recommendation was “an In-line” for APA stock which previously was a “an Outperform”.
Analyzing APA Stock Performance
During the last five days, there has been a surge of approximately 0.66%. Over the course of the year, APA Corporation shares have dropped approximately -8.01%. Shares of the company reached a 52-week high of $25.83 on 01/16/25 and a 52-week low of $17.66 on 03/05/25. A 50-day SMA is recorded $21.43, while a 200-day SMA reached $24.70.
Support And Resistance Levels for APA Corporation (APA)
According to the 24-hour chart, there is a support level at 20.88, which, if violated, would cause prices to drop to 20.52. In the upper region, resistance lies at 21.45. The next price resistance is at 21.66. RSI (Relative Strength Index) is 55.54 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at 0.41, which suggests the price will decrease in the coming days. Percent R is at 10.46%, indicating bullish price movement. Stochastics %K at selling indicates that the stock is to be held.
