Northern Oil and Gas Inc’s recently made public that its CEO O’GRADY NICHOLAS L. acquired Company’s shares for reported $27480.0 on Mar 07 ’25. In the deal valued at $27.48 per share,1,000 shares were bought. As a result of this transaction, O’GRADY NICHOLAS L. now holds 226,189 shares worth roughly $5.29 million.
Then, Lasher Stuart G. bought 20,000 shares, generating $552,400 in total proceeds. Upon buying the shares at $27.62, the Director now owns 40,000 shares.
Before that, Akradi Bahram bought 40,000 shares. Northern Oil and Gas Inc shares valued at $1,121,360 were divested by the Director at a price of $28.03 per share. As a result of the transaction, Akradi Bahram now holds 1,662,016 shares, worth roughly $38.89 million.
CapitalOne downgraded its Northern Oil and Gas Inc [NOG] rating to an Equal weight from a an Overweight in a research note published recently. A number of analysts have revised their coverage, including Mizuho’s analysts, who decreased its forecast for the stock in mid December from “an Outperform” to “a Neutral”. RBC Capital Mkts also remained covering NOG and has decreased its forecast on November 20, 2024 with a “Sector perform” recommendation from previously “an Outperform” rating.
Price Performance Review of NOG
On Friday, Northern Oil and Gas Inc [NYSE:NOG] saw its stock fall -9.86% to $23.40. Over the last five days, the stock has lost -22.39%. Northern Oil and Gas Inc shares have fallen nearly -37.03% since the year began. Nevertheless, the stocks have fallen -42.84% over the past one year. While a 52-week high of $44.31 was reached on 01/16/25, a 52-week low of $25.95 was recorded on 04/04/25. SMA at 50 days reached $32.10, while 200 days put it at $37.09.
Levels Of Support And Resistance For NOG Stock
The 24-hour chart illustrates a support level at 22.39, which if violated will result in even more drops to 21.37. On the upside, there is a resistance level at 24.53. A further resistance level may holdings at 25.65. The Relative Strength Index (RSI) on the 14-day chart is 23.11, which indicates oversold technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -3.00, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 90.10%. Stochastics %K at 26.00% indicates the stock is a holding.
How much short interest is there in Northern Oil and Gas Inc?
A steep rise in short interest was recorded in Northern Oil and Gas Inc stocks on 2025-03-14, growing by 3.73 million shares to a total of 20.05 million shares. Yahoo Finance data shows the prior-month short interest on 2025-02-14 was 16.31 million shares. There was a rise of 18.63%, which implies that there is a positive sentiment for the stock.
The most recent change occurred on September 19, 2024 when Mizuho began covering the stock and recommended ‘”an Outperform”‘ rating along with a $47 price target.
