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Entergy Corp (ETR) may enjoy gains as insiders got busy in the recent days

CHWY Stock

Entergy Corp’s filing revealed that its “Officer” Under Sec. 16 Rules RODRIGUEZ DEANNA D. unloaded Company’s shares for reported $0.27 million on Mar 06 ’25. In the deal valued at $82.64 per share,3,220 shares were sold. As a result of this transaction, RODRIGUEZ DEANNA D. now holds 6,234 shares worth roughly $0.51 million.

Then, VIAMONTES ELIECER sold 767 shares, generating $64,712 in total proceeds. Upon selling the shares at $84.37, the “Officer” Under Sec. 16 Rules now owns 2,817 shares.

Before that, RODRIGUEZ DEANNA D. bought 3,220 shares. Entergy Corp shares valued at $266,111 were divested by the Officer at a price of $82.64 per share.

Ladenburg Thalmann upgraded its Entergy Corp [ETR] rating to a Buy from a a Neutral in a research note published recently. A number of analysts have revised their coverage, including KeyBanc Capital Markets’s analysts, who decreased its forecast for the stock in early December from “an Overweight” to “a Sector weight”. Morgan Stanley also remained covering ETR and has increased its forecast on November 04, 2024 with a “an Equal-weight” recommendation from previously “an Underweight” rating. BofA Securities revised its rating on November 04, 2024. It rated ETR as “a Neutral” which previously was an “a Buy”.

Price Performance Review of ETR

On Friday, Entergy Corp [NYSE:ETR] saw its stock jump 1.79% to $81.72. Over the last five days, the stock has gained 3.40%. Entergy Corp shares have risen nearly 7.78% since the year began. Nevertheless, the stocks have risen 56.31% over the past one year. While a 52-week high of $88.38 was reached on 02/18/25, a 52-week low of $50.19 was recorded on 01/02/25. SMA at 50 days reached $83.55, while 200 days put it at $71.15.

Levels Of Support And Resistance For ETR Stock

The 24-hour chart illustrates a support level at 79.79, which if violated will result in even more drops to 77.87. On the upside, there is a resistance level at 82.84. A further resistance level may holdings at 83.97. The Relative Strength Index (RSI) on the 14-day chart is 46.54, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -1.89, which suggests price will go down in the next trading period. Percent R suggests that price movement has been low at 47.35%. Stochastics %K at 45.09% indicates the stock is a holding.

How much short interest is there in Entergy Corp?

A steep rise in short interest was recorded in Entergy Corp stocks on 2025-03-31, growing by 3.83 million shares to a total of 13.44 million shares. Yahoo Finance data shows the prior-month short interest on 2025-02-28 was 9.61 million shares. There was a rise of 28.52%, which implies that there is a positive sentiment for the stock.

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