Targa Resources Corp’s recent filing unveils that its Retired Officer Boushka Julie H. acquired Company’s shares for reported $1.02 million on Mar 24 ’25. In the deal valued at $204.94 per share,5,000 shares were bought.
Then, Cooksen Lindsey sold 1,050 shares, generating $208,042 in total proceeds. Upon selling the shares at $198.14, the Director now owns 11,075 shares.
Before that, Chung Paul W sold 6,222 shares. Targa Resources Corp shares valued at $1,262,532 were divested by the Director at a price of $202.91 per share. As a result of the transaction, Chung Paul W now holds 35,920 shares, worth roughly $5.94 million.
Scotiabank started covering the stock on March 02, 2023. It rated TRGP as “a Sector outperform”.
Price Performance Review of TRGP
On Monday, Targa Resources Corp [NYSE:TRGP] saw its stock jump 2.54% to $165.28. Over the last five days, the stock has lost -17.55%. Targa Resources Corp shares have fallen nearly -7.41% since the year began. Nevertheless, the stocks have risen 44.53% over the past one year. While a 52-week high of $218.51 was reached on 01/22/25, a 52-week low of $110.09 was recorded on 04/07/25. SMA at 50 days reached $196.30, while 200 days put it at $171.01.
Levels Of Support And Resistance For TRGP Stock
The 24-hour chart illustrates a support level at 152.47, which if violated will result in even more drops to 139.66. On the upside, there is a resistance level at 175.62. A further resistance level may holdings at 185.96. The Relative Strength Index (RSI) on the 14-day chart is 32.27, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -25.35, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 73.70%. Stochastics %K at 11.44% indicates the stock is a buying.
How much short interest is there in Targa Resources Corp?
A steep rise in short interest was recorded in Targa Resources Corp stocks on 2025-03-14, growing by 0.49 million shares to a total of 4.13 million shares. Yahoo Finance data shows the prior-month short interest on 2025-02-14 was 3.63 million shares. There was a rise of 11.93%, which implies that there is a positive sentiment for the stock.
The most recent change occurred on December 09, 2022 when Citigroup began covering the stock and recommended ‘”a Buy”‘ rating along with a $95 price target.
