Pinnacle West Capital Corp’s filing revealed that its EVP, COO, APS Tetlow Jacob unloaded Company’s shares for reported $0.21 million on Mar 03 ’25. In the deal valued at $93.41 per share,2,272 shares were sold. As a result of this transaction, Tetlow Jacob now holds 56 shares worth roughly $5018.72.
Then, Jacob Tetlow bought 2,272 shares, generating $206,434 in total proceeds.
Before that, Tetlow Jacob sold 9,474 shares. Pinnacle West Capital Corp shares valued at $860,239 were divested by the EVP, COO, APS at a price of $90.80 per share. As a result of the transaction, Tetlow Jacob now holds 56 shares, worth roughly $5018.72.
KeyBanc Capital Markets upgraded its Pinnacle West Capital Corp [PNW] rating to an Overweight from a a Sector weight in a research note published recently. A number of analysts have revised their coverage, including Barclays’s analysts, who decreased its forecast for the stock in mid November from “an Overweight” to “an Equal weight”. Jefferies began covering PNW with “Buy” recommendation on September 20, 2024. Ladenburg Thalmann revised its rating on June 06, 2024. It rated PNW as “a Buy” which previously was an “a Neutral”.
Price Performance Review of PNW
On Monday, Pinnacle West Capital Corp [NYSE:PNW] saw its stock fall -1.61% to $89.62. Over the last five days, the stock has lost -5.91%. Pinnacle West Capital Corp shares have risen nearly 5.72% since the year began. Nevertheless, the stocks have risen 22.73% over the past one year. While a 52-week high of $96.50 was reached on 04/03/25, a 52-week low of $70.72 was recorded on 01/13/25. SMA at 50 days reached $91.09, while 200 days put it at $87.50.
Levels Of Support And Resistance For PNW Stock
The 24-hour chart illustrates a support level at 87.51, which if violated will result in even more drops to 85.40. On the upside, there is a resistance level at 91.66. A further resistance level may holdings at 93.69. The Relative Strength Index (RSI) on the 14-day chart is 38.61, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -1.51, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 75.90%. Stochastics %K at 36.91% indicates the stock is a holding.
How much short interest is there in Pinnacle West Capital Corp?
A steep rise in short interest was recorded in Pinnacle West Capital Corp stocks on 2025-03-14, dropping by -1.0 million shares to a total of 3.8 million shares. Yahoo Finance data shows the prior-month short interest on 2025-02-14 was 4.8 million shares. There was a decline of -26.3%, which implies that there is a negative sentiment for the stock.
The most recent change occurred on April 29, 2024 when Citigroup began covering the stock and recommended ‘”a Neutral”‘ rating along with a $78 price target.
