The buying and selling of stock by a company’s insider give investors a sense that the stock will rise or fall in the future. Eversource Energy shares valued at $510,071 were purchased by DiStasio James S on Mar 31 ’25. At $62.20 per share, DiStasio James S acquired 8,200 shares.
Also, BUTLER GREGORY B sold 12,000 shares, netting a total of over 752,148 in proceeds. Following the sale of shares at $62.68 each, the insider now holds 61,268 shares.
Before that, BUTLER GREGORY B had added 12,000 shares to its account. In a trade valued at $752,151, the Officer bought Eversource Energy shares for $62.68 each.
As published in a research note from JP Morgan on April 10, 2025, Eversource Energy [ES] has been rated down from a Neutral to an Underweight and the price target has been revised to $58. Analysts at Scotiabank downgraded the stock from ‘”a Sector perform”‘ to ‘”a Sector underperform”‘ outlook in a report released in mid December. As of December 03, 2024, Jefferies has initiated its “an Underperform” rating for ES. Earlier on June 25, 2024, BofA Securities upgraded its rating. Their new recommendation was “a Neutral” for ES stock which previously was a “an Underperform”.
Analyzing ES Stock Performance
During the last five days, there has been a drop of approximately -10.06%. Over the course of the year, Eversource Energy shares have dropped approximately -3.03%. Shares of the company reached a 52-week high of $64.37 on 02/25/25 and a 52-week low of $52.28 on 04/09/25. A 50-day SMA is recorded $60.46, while a 200-day SMA reached $62.00.
Support And Resistance Levels for Eversource Energy (ES)
According to the 24-hour chart, there is a support level at 54.45, which, if violated, would cause prices to drop to 53.20. In the upper region, resistance lies at 56.69. The next price resistance is at 57.69. RSI (Relative Strength Index) is 36.74 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at -3.88, which suggests the price will decrease in the coming days. Percent R is at 69.61%, indicating low price movement. Stochastics %K at holding indicates that the stock is to be held.
