Targa Resources Corp’s recently made public that its Retired Officer Boushka Julie H. acquired Company’s shares for reported $1.02 million on Mar 24 ’25. In the deal valued at $204.94 per share,5,000 shares were bought.
Then, Cooksen Lindsey sold 1,050 shares, generating $208,042 in total proceeds. Upon selling the shares at $198.14, the Director now owns 11,075 shares.
Before that, Chung Paul W sold 6,222 shares. Targa Resources Corp shares valued at $1,262,532 were divested by the Director at a price of $202.91 per share. As a result of the transaction, Chung Paul W now holds 35,920 shares, worth roughly $5.92 million.
Scotiabank started covering the stock on March 02, 2023. It rated TRGP as “a Sector outperform”.
Price Performance Review of TRGP
On Monday, Targa Resources Corp [NYSE:TRGP] saw its stock jump 0.72% to $164.73. Over the last five days, the stock has lost -0.33%. Targa Resources Corp shares have fallen nearly -7.71% since the year began. Nevertheless, the stocks have risen 42.83% over the past one year. While a 52-week high of $218.51 was reached on 01/22/25, a 52-week low of $110.09 was recorded on 04/07/25. SMA at 50 days reached $192.67, while 200 days put it at $171.95.
Levels Of Support And Resistance For TRGP Stock
The 24-hour chart illustrates a support level at 162.76, which if violated will result in even more drops to 160.78. On the upside, there is a resistance level at 167.59. A further resistance level may holdings at 170.44. The Relative Strength Index (RSI) on the 14-day chart is 37.57, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -17.87, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 74.57%. Stochastics %K at 23.39% indicates the stock is a holding.
How much short interest is there in Targa Resources Corp?
A steep rise in short interest was recorded in Targa Resources Corp stocks on 2025-03-31, growing by 0.42 million shares to a total of 4.21 million shares. Yahoo Finance data shows the prior-month short interest on 2025-02-28 was 3.79 million shares. There was a rise of 9.97%, which implies that there is a positive sentiment for the stock.
The most recent change occurred on December 09, 2022 when Citigroup began covering the stock and recommended ‘”a Buy”‘ rating along with a $95 price target.
