Noble Corp Plc’s filing revealed that its SVP, Gen. Counsel & Corp. Sec. Howard Jennie unloaded Company’s shares for reported $19521.0 on Apr 01 ’25. In the deal valued at $24.16 per share,808 shares were sold. As a result of this transaction, Howard Jennie now holds 8,580 shares worth roughly $0.16 million.
Then, Hirshberg Al J. bought 5,000 shares, generating $115,000 in total proceeds. Upon buying the shares at $23.00, the Director now owns 5,000 shares.
Before that, Hirshberg Al J. bought 5,000 shares. Noble Corp Plc shares valued at $115,000 were divested by the Director at a price of $23.00 per share. As a result of the transaction, Hirshberg Al J. now holds 29,130 shares, worth roughly $0.54 million.
Evercore ISI downgraded its Noble Corp Plc [NE] rating to an In-line from a an Outperform in a research note published on January 15, 2025; the price target was decreased to $41 from $64. A number of analysts have revised their coverage, including JP Morgan’s analysts, who began to cover the stock in early December with a ‘”a Neutral”‘ rating. The Benchmark Company also remained covering NE and has decreased its forecast on October 15, 2024 with a “Hold” recommendation from previously “Buy” rating.
Price Performance Review of NE
On Friday, Noble Corp Plc [NYSE:NE] saw its stock fall -12.67% to $18.41. Over the last five days, the stock has lost -23.86%. Noble Corp Plc shares have fallen nearly -41.37% since the year began. Nevertheless, the stocks have fallen -63.25% over the past one year. While a 52-week high of $52.15 was reached on 01/15/25, a 52-week low of $20.83 was recorded on 04/04/25. SMA at 50 days reached $26.78, while 200 days put it at $34.30.
Levels Of Support And Resistance For NE Stock
The 24-hour chart illustrates a support level at 17.43, which if violated will result in even more drops to 16.46. On the upside, there is a resistance level at 19.82. A further resistance level may holdings at 21.24. The Relative Strength Index (RSI) on the 14-day chart is 22.56, which indicates oversold technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -2.49, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 92.67%. Stochastics %K at 24.61% indicates the stock is a holding.
How much short interest is there in Noble Corp Plc?
A steep rise in short interest was recorded in Noble Corp Plc stocks on 2025-03-14, dropping by -1.09 million shares to a total of 9.86 million shares. Yahoo Finance data shows the prior-month short interest on 2025-02-14 was 10.95 million shares. There was a decline of -11.02%, which implies that there is a negative sentiment for the stock.
The most recent change occurred on November 28, 2023 when CapitalOne began covering the stock and recommended ‘”an Overweight”‘ rating along with a $62 price target.
