In a filing, Hess Corporation revealed its Chief Executive Officer HESS JOHN B unloaded Company’s shares for reported $27.88 million on Mar 27 ’25. In the deal valued at $159.30 per share,175,000 shares were sold. As a result of this transaction, HESS JOHN B now holds 2,384,679 shares worth roughly $305.02 million.
Then, HESS JOHN B sold 175,000 shares, generating $27,735,320 in total proceeds. Upon selling the shares at $158.49, the Chief Executive Officer now owns 2,209,679 shares.
Before that, JBH Investment Trust bought 175,000 shares. Hess Corporation shares valued at $27,837,250 were divested by the insider at a price of $159.07 per share.
Wells Fargo upgraded its Hess Corporation [HES] rating to an Overweight from a an Equal weight in a research note published on December 09, 2024; the price target was increased to $193 from $151. A number of analysts have revised their coverage, including Wolfe Research’s analysts, who increased its forecast for the stock in late September from “a Peer perform” to “an Outperform”. Argus revised its rating on November 07, 2023. It rated HES as “a Buy” which previously was an “a Hold”.
Price Performance Review of HES
On Monday, Hess Corporation [NYSE:HES] saw its stock fall -0.46% to $127.91. Over the last five days, the stock has lost -2.05%. Hess Corporation shares have fallen nearly -3.83% since the year began. Nevertheless, the stocks have fallen -18.86% over the past one year. While a 52-week high of $163.98 was reached on 03/31/25, a 52-week low of $123.79 was recorded on 04/11/25. SMA at 50 days reached $146.60, while 200 days put it at $141.70.
Levels Of Support And Resistance For HES Stock
The 24-hour chart illustrates a support level at 125.88, which if violated will result in even more drops to 123.86. On the upside, there is a resistance level at 130.78. A further resistance level may holdings at 133.66. The Relative Strength Index (RSI) on the 14-day chart is 33.91, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -16.48, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 90.43%. Stochastics %K at 9.35% indicates the stock is a buying.
How much short interest is there in Hess Corporation?
A steep rise in short interest was recorded in Hess Corporation stocks on 2025-03-31, growing by 0.95 million shares to a total of 7.54 million shares. Yahoo Finance data shows the prior-month short interest on 2025-02-28 was 6.6 million shares. There was a rise of 12.57%, which implies that there is a positive sentiment for the stock.
