Investors can speculate about the future of a stock by watching how its insiders buy and sell stocks. Hess Corporation shares valued at $27,877,219 were sold by HESS JOHN B on Mar 27 ’25. At $159.30 per share, HESS JOHN B sold 175,000 shares. The insider’s holdings dropped to 2,384,679 shares worth approximately $303.24 million following the completion of this transaction.
Also, HESS JOHN B sold 175,000 shares, netting a total of over 27,735,320 in proceeds. Following the sale of shares at $158.49 each, the insider now holds 2,209,679 shares.
Before that, JBH Investment Trust had added 175,000 shares to its account. In a trade valued at $27,837,250, the insider bought Hess Corporation shares for $159.07 each.
As published in a research note from Wells Fargo on December 09, 2024, Hess Corporation [HES] has been rated up from an Equal weight to an Overweight and the price target has been revised to $193 from $151. Analysts at Wolfe Research upgraded the stock from ‘”a Peer perform”‘ to ‘”an Outperform”‘ outlook in a report released in late September. Earlier on November 07, 2023, Argus upgraded its rating. Their new recommendation was “a Buy” for HES stock which previously was a “a Hold”.
Analyzing HES Stock Performance
During the last five days, there has been a drop of approximately -14.30%. Over the course of the year, Hess Corporation shares have dropped approximately -4.40%. Shares of the company reached a 52-week high of $161.69 on 03/31/25 and a 52-week low of $124.43 on 04/09/25. A 50-day SMA is recorded $147.17, while a 200-day SMA reached $141.90.
Support And Resistance Levels for Hess Corporation (HES)
According to the 24-hour chart, there is a support level at 123.32, which, if violated, would cause prices to drop to 119.47. In the upper region, resistance lies at 133.02. The next price resistance is at 138.87. RSI (Relative Strength Index) is 32.69 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at -17.68, which suggests the price will decrease in the coming days. Percent R is at 92.67%, indicating bearish price movement. Stochastics %K at buying indicates that the stock is to be held.
