The buying and selling of stock by a company’s insider give investors a sense that the stock will rise or fall in the future. Noble Corp Plc shares valued at $115,000 were purchased by Hirshberg Al J. on Mar 11 ’25. At $23.00 per share, Hirshberg Al J. acquired 5,000 shares. The insider’s holdings grew to 5,000 shares worth approximately $0.12 million following the completion of this transaction.
Also, Hirshberg Al J. purchased 5,000 shares, netting a total of over 115,000 in proceeds. Following the buying of shares at $23.00 each, the insider now holds 29,130 shares.
Before that, SLEDGE CHARLES M had added 8,992 shares to its account. In a trade valued at $250,247, the Director bought Noble Corp Plc shares for $27.83 each. Upon closing the transaction, the insider’s holdings increased to 8,992 shares, worth approximately $0.93 million.
As published in a research note from Evercore ISI on January 15, 2025, Noble Corp Plc [NE] has been rated down from an Outperform to an In-line and the price target has been revised to $41 from $64. Analysts at JP Morgan started covering the stock with ‘”a Neutral”‘ outlook in a report released in early December. As of October 15, 2024, The Benchmark Company has decreased its “Buy” rating to a “Hold” for NE.
Analyzing NE Stock Performance
During the last five days, there has been a drop of approximately -2.15%. Over the course of the year, Noble Corp Plc shares have dropped approximately -23.03%. Shares of the company reached a 52-week high of $35.06 on 01/15/25 and a 52-week low of $22.05 on 03/06/25. A 50-day SMA is recorded $27.32, while a 200-day SMA reached $34.53.
Support And Resistance Levels for Noble Corp Plc (NE)
According to the 24-hour chart, there is a support level at 23.74, which, if violated, would cause prices to drop to 23.32. In the upper region, resistance lies at 24.51. The next price resistance is at 24.86. RSI (Relative Strength Index) is 43.32 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at -0.21, which suggests the price will decrease in the coming days. Percent R is at 39.05%, indicating low price movement. Stochastics %K at holding indicates that the stock is to be held.
