In a filing, Centerpoint Energy Inc revealed its Director Pound Ted unloaded Company’s shares for reported $0.21 million on Mar 03 ’25. In the deal valued at $34.50 per share,6,103 shares were sold. As a result of this transaction, Pound Ted now holds 46,803 shares worth roughly $1.74 million.
Then, Colvin Kristie sold 16,357 shares, generating $557,855 in total proceeds. Upon selling the shares at $34.10, the SVP and CAO now owns 118,882 shares.
Before that, Colvin Kristie sold 179 shares. Centerpoint Energy Inc shares valued at $6,100 were divested by the SVP and CAO at a price of $34.08 per share. As a result of the transaction, Colvin Kristie now holds 0 shares, worth roughly $0.0.
Jefferies initiated its Centerpoint Energy Inc [CNP] rating to a Buy in a research note published on April 02, 2025; the price target was $42. A number of analysts have revised their coverage, including Evercore ISI’s analysts, who increased its forecast for the stock in mid March from “an In-line” to “an Outperform”. Guggenheim also remained covering CNP and has decreased its forecast on January 23, 2025 with a “Neutral” recommendation from previously “Buy” rating. Ladenburg Thalmann started covering the stock on December 12, 2024. It rated CNP as “a Buy”.
Price Performance Review of CNP
On Tuesday, Centerpoint Energy Inc [NYSE:CNP] saw its stock fall -0.19% to $37.16. Over the last five days, the stock has gained 4.53%. Centerpoint Energy Inc shares have risen nearly 17.11% since the year began. Nevertheless, the stocks have risen 35.32% over the past one year. While a 52-week high of $37.70 was reached on 04/03/25, a 52-week low of $25.41 was recorded on 01/08/25. SMA at 50 days reached $34.77, while 200 days put it at $31.03.
Levels Of Support And Resistance For CNP Stock
The 24-hour chart illustrates a support level at 36.99, which if violated will result in even more drops to 36.81. On the upside, there is a resistance level at 37.44. A further resistance level may holdings at 37.71. The Relative Strength Index (RSI) on the 14-day chart is 64.39, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 0.58, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bullish at 18.09%. Stochastics %K at 76.21% indicates the stock is a holding.
How much short interest is there in Centerpoint Energy Inc?
A steep rise in short interest was recorded in Centerpoint Energy Inc stocks on 2025-03-31, growing by 1.58 million shares to a total of 26.91 million shares. Yahoo Finance data shows the prior-month short interest on 2025-02-28 was 25.32 million shares. There was a rise of 5.89%, which implies that there is a positive sentiment for the stock.
