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Argus downgrades Sempra (SRE) stock to a Hold

In a filing, Sempra revealed its Executive Vice President BIRD JUSTIN CHRISTOPHER unloaded Company’s shares for reported $0.34 million on Apr 01 ’25. In the deal valued at $71.23 per share,4,817 shares were sold. As a result of this transaction, BIRD JUSTIN CHRISTOPHER now holds 19,778 shares worth roughly $1.3 million.

Then, BIRD JUSTIN CHRISTOPHER bought 4,817 shares, generating $343,741 in total proceeds.

Before that, WALL PETER R sold 8,192 shares. Sempra shares valued at $580,076 were divested by the SVP, Controller and CAO at a price of $70.81 per share. As a result of the transaction, WALL PETER R now holds 11,867 shares, worth roughly $0.78 million.

Argus downgraded its Sempra [SRE] rating to a Hold from a a Buy in a research note published recently. A number of analysts have revised their coverage, including Jefferies’s analysts, who decreased its forecast for the stock in early March from “a Buy” to “a Hold”. Barclays also remained covering SRE and has decreased its forecast on February 27, 2025 with a “an Equal weight” recommendation from previously “an Overweight” rating. UBS revised its rating on February 26, 2025. It rated SRE as “a Neutral” which previously was an “a Buy”.

Price Performance Review of SRE

On Friday, Sempra [NYSE:SRE] saw its stock fall -6.86% to $65.88. Over the last five days, the stock has lost -5.52%. Sempra shares have fallen nearly -24.90% since the year began. Nevertheless, the stocks have fallen -7.17% over the past one year. While a 52-week high of $95.77 was reached on 01/02/25, a 52-week low of $64.89 was recorded on 02/25/25. SMA at 50 days reached $75.84, while 200 days put it at $81.41.

Levels Of Support And Resistance For SRE Stock

The 24-hour chart illustrates a support level at 64.01, which if violated will result in even more drops to 62.14. On the upside, there is a resistance level at 69.10. A further resistance level may holdings at 72.32. The Relative Strength Index (RSI) on the 14-day chart is 33.49, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -0.45, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 93.55%. Stochastics %K at 47.81% indicates the stock is a holding.

How much short interest is there in Sempra?

A steep rise in short interest was recorded in Sempra stocks on 2025-03-14, dropping by -2.3 million shares to a total of 6.89 million shares. Yahoo Finance data shows the prior-month short interest on 2025-02-14 was 9.19 million shares. There was a decline of -33.33%, which implies that there is a negative sentiment for the stock.

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