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Analyzing Sunnova Energy International Inc (NOVA) After Recent Trading Activity

Sunnova Energy International Inc’s filing revealed that its Officer Mathews Paul S acquired Company’s shares for reported $1036.0 on Feb 03 ’25. In the deal valued at $1.84 per share,562 shares were bought.

Then, ROBERTSON CORBIN J III bought 35,000 shares, generating $124,498 in total proceeds. Upon buying the shares at $3.56, the Director now owns 120,048 shares.

Before that, Mohamed Akbar bought 50,000 shares. Sunnova Energy International Inc shares valued at $177,960 were divested by the Director at a price of $3.56 per share. As a result of the transaction, Mohamed Akbar now holds 402,654 shares, worth roughly $0.12 million.

Mizuho downgraded its Sunnova Energy International Inc [NOVA] rating to a Neutral from a an Outperform in a research note published on March 05, 2025; the price target was decreased to $1 from $11. A number of analysts have revised their coverage, including Barclays’s analysts, who decreased its forecast for the stock in early March from “an Overweight” to “an Equal weight”. Wells Fargo also remained covering NOVA and has decreased its forecast on March 04, 2025 with a “an Underweight” recommendation from previously “an Equal weight” rating. UBS revised its rating on March 04, 2025. It rated NOVA as “a Neutral” which previously was an “a Buy”.

Price Performance Review of NOVA

On Friday, Sunnova Energy International Inc [NYSE:NOVA] saw its stock fall -11.88% to $0.30. Over the last five days, the stock has lost -2.60%. Sunnova Energy International Inc shares have fallen nearly -91.15% since the year began. Nevertheless, the stocks have fallen -94.25% over the past one year. While a 52-week high of $13.00 was reached on 01/07/25, a 52-week low of $0.25 was recorded on 03/13/25. SMA at 50 days reached $1.3380, while 200 days put it at $5.2478.

Levels Of Support And Resistance For NOVA Stock

The 24-hour chart illustrates a support level at 0.2812, which if violated will result in even more drops to 0.2590. On the upside, there is a resistance level at 0.3271. A further resistance level may holdings at 0.3508. The Relative Strength Index (RSI) on the 14-day chart is 27.21, which indicates oversold technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -0.0306, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 92.27%. Stochastics %K at 18.29% indicates the stock is a buying.

How much short interest is there in Sunnova Energy International Inc?

A steep rise in short interest was recorded in Sunnova Energy International Inc stocks on 2025-03-14, dropping by -9.08 million shares to a total of 29.54 million shares. Yahoo Finance data shows the prior-month short interest on 2025-02-14 was 38.62 million shares. There was a decline of -30.73%, which implies that there is a negative sentiment for the stock.

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