Investors can speculate about the future of a stock by watching how its insiders buy and sell stocks. Range Resources Corp shares valued at $2,408,489 were sold by Scucchi Mark on Mar 20 ’25. At $40.15 per share, Scucchi Mark sold 59,994 shares. The insider’s holdings dropped to 690,094 shares worth approximately $23.53 million following the completion of this transaction.
Also, Scucchi Mark sold 45,142 shares, netting a total of over 1,817,868 in proceeds. Following the sale of shares at $40.27 each, the insider now holds 0 shares.
Before that, Mark Scucchi had added 59,994 shares to its account. In a trade valued at $2,408,491, the Officer bought Range Resources Corp shares for $40.15 each.
As published in a research note from ROTH MKM on April 08, 2025, Range Resources Corp [RRC] has been rated up from a Neutral to a Buy and the price target has been revised to $42 from $41. Analysts at Morgan Stanley upgraded the stock from ‘”an Underweight”‘ to ‘”an Equal-weight”‘ outlook in a report released in late March. As of March 13, 2025, JP Morgan has increased its “an Underweight” rating to a “Neutral” for RRC. Earlier on January 17, 2025, Scotiabank downgraded its rating. Their new recommendation was “a Sector perform” for RRC stock which previously was a “a Sector outperform”.
Analyzing RRC Stock Performance
During the last five days, there has been a drop of approximately -1.33%. Over the course of the year, Range Resources Corp shares have dropped approximately -5.23%. Shares of the company reached a 52-week high of $41.95 on 01/22/25 and a 52-week low of $30.32 on 04/09/25. A 50-day SMA is recorded $37.61, while a 200-day SMA reached $34.12.
Support And Resistance Levels for Range Resources Corp (RRC)
According to the 24-hour chart, there is a support level at 33.30, which, if violated, would cause prices to drop to 32.50. In the upper region, resistance lies at 34.89. The next price resistance is at 35.68. RSI (Relative Strength Index) is 41.87 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at -1.95, which suggests the price will decrease in the coming days. Percent R is at 64.37%, indicating low price movement. Stochastics %K at holding indicates that the stock is to be held.
