SM Energy Co’s recently made public that its Director PERU RAMIRO G acquired Company’s shares for reported $0.14 million on Mar 04 ’25. In the deal valued at $28.72 per share,5,000 shares were bought. As a result of this transaction, PERU RAMIRO G now holds 82,535 shares worth roughly $1.84 million.
Then, Vogel Herbert S bought 500 shares, generating $14,835 in total proceeds. Upon buying the shares at $29.67, the President & CEO now owns 487,101 shares.
Before that, BROOKMAN BARTON R JR bought 7,000 shares. SM Energy Co shares valued at $226,520 were divested by the Director at a price of $32.36 per share. As a result of the transaction, BROOKMAN BARTON R JR now holds 14,666 shares, worth roughly $0.33 million.
JP Morgan downgraded its SM Energy Co [SM] rating to a Neutral from a an Overweight in a research note published on December 05, 2024; the price target was increased to $53 from $51. A number of analysts have revised their coverage, including TD Cowen’s analysts, who increased its forecast for the stock in mid October from “a Hold” to “a Buy”. Tudor Pickering Holt & Co. also remained covering SM and has increased its forecast on August 21, 2024 with a “Buy” recommendation from previously “Hold” rating. Truist started covering the stock on June 25, 2024. It rated SM as “a Hold”.
Price Performance Review of SM
On Friday, SM Energy Co [NYSE:SM] saw its stock fall -12.12% to $22.26. Over the last five days, the stock has lost -24.29%. SM Energy Co shares have fallen nearly -42.57% since the year began. Nevertheless, the stocks have fallen -57.19% over the past one year. While a 52-week high of $53.26 was reached on 01/15/25, a 52-week low of $25.32 was recorded on 04/04/25. SMA at 50 days reached $33.30, while 200 days put it at $40.59.
Levels Of Support And Resistance For SM Stock
The 24-hour chart illustrates a support level at 20.92, which if violated will result in even more drops to 19.57. On the upside, there is a resistance level at 23.82. A further resistance level may holdings at 25.37. The Relative Strength Index (RSI) on the 14-day chart is 23.70, which indicates oversold technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -3.51, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 89.81%. Stochastics %K at 19.92% indicates the stock is a buying.
How much short interest is there in SM Energy Co?
A steep rise in short interest was recorded in SM Energy Co stocks on 2025-03-14, growing by 2.32 million shares to a total of 11.75 million shares. Yahoo Finance data shows the prior-month short interest on 2025-02-14 was 9.43 million shares. There was a rise of 19.75%, which implies that there is a positive sentiment for the stock.
The most recent change occurred on June 21, 2024 when Stephens began covering the stock and recommended ‘”an Overweight”‘ rating along with a $63 price target.
