In a filing, Eversource Energy revealed its Former Director DiStasio James S acquired Company’s shares for reported $0.51 million on Mar 31 ’25. In the deal valued at $62.20 per share,8,200 shares were bought.
Then, BUTLER GREGORY B sold 12,000 shares, generating $752,148 in total proceeds. Upon selling the shares at $62.68, the Executive VP & General Counsel now owns 61,268 shares.
Before that, BUTLER GREGORY B bought 12,000 shares. Eversource Energy shares valued at $752,151 were divested by the Officer at a price of $62.68 per share.
Scotiabank downgraded its Eversource Energy [ES] rating to a Sector underperform from a a Sector perform in a research note published on December 12, 2024; the price target was decreased to $56 from $66. A number of analysts have revised their coverage, including Jefferies’s analysts, who began to cover the stock in early December with a ‘”an Underperform”‘ rating. BofA Securities also remained covering ES and has increased its forecast on June 25, 2024 with a “Neutral” recommendation from previously “an Underperform” rating. Goldman started covering the stock on April 10, 2024. It rated ES as “a Buy”.
Price Performance Review of ES
On Monday, Eversource Energy [NYSE:ES] saw its stock fall -4.77% to $55.56. Over the last five days, the stock has lost -10.55%. Eversource Energy shares have fallen nearly -3.26% since the year began. Nevertheless, the stocks have fallen -5.70% over the past one year. While a 52-week high of $69.01 was reached on 02/25/25, a 52-week low of $54.75 was recorded on 01/13/25. SMA at 50 days reached $60.60, while 200 days put it at $62.03.
Levels Of Support And Resistance For ES Stock
The 24-hour chart illustrates a support level at 54.51, which if violated will result in even more drops to 53.45. On the upside, there is a resistance level at 57.03. A further resistance level may holdings at 58.50. The Relative Strength Index (RSI) on the 14-day chart is 31.94, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -1.96, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 92.59%. Stochastics %K at 25.53% indicates the stock is a holding.
How much short interest is there in Eversource Energy?
A steep rise in short interest was recorded in Eversource Energy stocks on 2025-03-14, dropping by -0.71 million shares to a total of 5.32 million shares. Yahoo Finance data shows the prior-month short interest on 2025-02-14 was 6.04 million shares. There was a decline of -13.41%, which implies that there is a negative sentiment for the stock.
