DTE Energy Co’s filing revealed that its Sr VP & Chief Legal Officer Chavez JoAnn unloaded Company’s shares for reported $0.94 million on Feb 24 ’25. In the deal valued at $132.40 per share,7,062 shares were sold. As a result of this transaction, Chavez JoAnn now holds 14,067 shares worth roughly $1.79 million.
Then, JOANN CHAVEZ bought 7,062 shares, generating $934,985 in total proceeds.
Before that, Myrick Tracy J sold 1,014 shares. DTE Energy Co shares valued at $131,739 were divested by the Chief Accounting Officer at a price of $129.92 per share. As a result of the transaction, Myrick Tracy J now holds 3,437 shares, worth roughly $0.44 million.
Barclays downgraded its DTE Energy Co [DTE] rating to an Equal weight from a an Overweight in a research note published on February 20, 2025; the price target was decreased to $135 from $137. A number of analysts have revised their coverage, including Guggenheim’s analysts, who increased its forecast for the stock in late January from “a Neutral” to “a Buy”. KeyBanc Capital Markets also remained covering DTE and has decreased its forecast on December 04, 2024 with a “Sector weight” recommendation from previously “an Overweight” rating. UBS revised its rating on December 03, 2024. It rated DTE as “a Buy” which previously was an “a Neutral”.
Price Performance Review of DTE
On Tuesday, DTE Energy Co [NYSE:DTE] saw its stock fall -0.44% to $127.39. Over the last five days, the stock has lost -7.63%. DTE Energy Co shares have risen nearly 5.50% since the year began. Nevertheless, the stocks have risen 16.76% over the past one year. While a 52-week high of $140.39 was reached on 04/03/25, a 52-week low of $103.06 was recorded on 01/23/25. SMA at 50 days reached $130.53, while 200 days put it at $123.68.
Levels Of Support And Resistance For DTE Stock
The 24-hour chart illustrates a support level at 125.00, which if violated will result in even more drops to 122.61. On the upside, there is a resistance level at 130.50. A further resistance level may holdings at 133.60. The Relative Strength Index (RSI) on the 14-day chart is 35.20, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -6.17, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 88.59%. Stochastics %K at 12.11% indicates the stock is a buying.
How much short interest is there in DTE Energy Co?
A steep rise in short interest was recorded in DTE Energy Co stocks on 2025-03-14, growing by 0.98 million shares to a total of 4.58 million shares. Yahoo Finance data shows the prior-month short interest on 2025-02-14 was 3.59 million shares. There was a rise of 21.5%, which implies that there is a positive sentiment for the stock.
