Investors can expect a company’s stock to rise or fall based on the buying and selling of stock by its insiders. Southwest Gas Holdings Inc shares valued at $145,100 were sold by Stefani Robert J on Mar 28 ’25. At $72.55 per share, Stefani Robert J sold 2,000 shares. The insider’s holdings dropped to 31,665 shares worth approximately $2.22 million following the completion of this transaction.
Also, Stefani Robert J purchased 2,000 shares, netting a total of over 145,100 in proceeds.
Before that, ICAHN CARL C had sold 2,100,000 shares from its account. In a trade valued at $156,660,000, the 10% Owner traded Southwest Gas Holdings Inc shares for $74.60 each. Upon closing the transaction, the insider’s holdings decreased to 2,100,000 shares, worth approximately $528.64 million.
As published in their initiating research note from Jefferies on January 14, 2025, Southwest Gas Holdings Inc [SWX] has been a Hold and the price target has been revised to $73. Earlier on November 30, 2022, BofA Securities downgraded its rating. Their new recommendation was “a Neutral” for SWX stock which previously was a “a Buy”.
Analyzing SWX Stock Performance
During the last five days, there has been a drop of approximately -4.09%. Over the course of the year, Southwest Gas Holdings Inc shares have dropped approximately -0.75%. Shares of the company reached a 52-week high of $78.92 on 02/14/25 and a 52-week low of $64.69 on 04/07/25. A 50-day SMA is recorded $74.39, while a 200-day SMA reached $73.39.
Support And Resistance Levels for Southwest Gas Holdings Inc (SWX)
According to the 24-hour chart, there is a support level at 66.35, which, if violated, would cause prices to drop to 62.52. In the upper region, resistance lies at 72.49. The next price resistance is at 74.80. RSI (Relative Strength Index) is 42.76 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at -3.55, which suggests the price will decrease in the coming days. Percent R is at 55.90%, indicating low price movement. Stochastics %K at holding indicates that the stock is to be held.
