Portland General Electric Co’s recent filing unveils that its EVP, COO Felton Benjamin unloaded Company’s shares for reported $23759.0 on Feb 18 ’25. In the deal valued at $41.32 per share,575 shares were sold. As a result of this transaction, Felton Benjamin now holds 37,282 shares worth roughly $1.61 million.
Then, Trpik Joseph R JR sold 1,375 shares, generating $56,815 in total proceeds. Upon selling the shares at $41.32, the SVP, Finance CFO now owns 31,960 shares.
Before that, Espinosa Maria Angelica sold 2,618 shares. Portland General Electric Co shares valued at $108,176 were divested by the SVP, Chief Legal & Compliance at a price of $41.32 per share. As a result of the transaction, Espinosa Maria Angelica now holds 21,014 shares, worth roughly $0.91 million.
JP Morgan downgraded its Portland General Electric Co [POR] rating to a Neutral from a an Overweight in a research note published recently. A number of analysts have revised their coverage, including Ladenburg Thalmann’s analysts, who decreased its forecast for the stock in mid February from “a Buy” to “a Neutral”. UBS also remained covering POR and has decreased its forecast on January 03, 2025 with a “Neutral” recommendation from previously “Buy” rating. Evercore ISI started covering the stock on September 25, 2024. It rated POR as “an Outperform”.
Price Performance Review of POR
On Monday, Portland General Electric Co [NYSE:POR] saw its stock jump 2.51% to $43.25. Over the last five days, the stock has gained 4.02%. Portland General Electric Co shares have fallen nearly -0.85% since the year began. Nevertheless, the stocks have risen 6.21% over the past one year. While a 52-week high of $49.85 was reached on 03/04/25, a 52-week low of $40.05 was recorded on 01/13/25. SMA at 50 days reached $43.33, while 200 days put it at $45.30.
Levels Of Support And Resistance For POR Stock
The 24-hour chart illustrates a support level at 42.65, which if violated will result in even more drops to 42.04. On the upside, there is a resistance level at 43.57. A further resistance level may holdings at 43.88. The Relative Strength Index (RSI) on the 14-day chart is 50.00, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -0.82, which suggests price will go down in the next trading period. Percent R suggests that price movement has been low at 39.34%. Stochastics %K at 42.28% indicates the stock is a holding.
How much short interest is there in Portland General Electric Co?
A steep rise in short interest was recorded in Portland General Electric Co stocks on 2025-03-31, growing by 0.64 million shares to a total of 4.4 million shares. Yahoo Finance data shows the prior-month short interest on 2025-02-28 was 3.76 million shares. There was a rise of 14.49%, which implies that there is a positive sentiment for the stock.
The most recent change occurred on September 20, 2024 when Jefferies began covering the stock and recommended ‘”a Hold”‘ rating along with a $48 price target.
