Investors can expect a company’s stock to rise or fall based on the buying and selling of stock by its insiders. South Bow Corp shares valued at $3,616,668 were purchased by Bevin Wirzba on Mar 13 ’25. At $25.68 per share, Bevin Wirzba acquired 140,836 shares.
Also, Richard Prior purchased 56,546 shares, netting a total of over 2,035,658 in proceeds.
Before that, Bevin Wirzba had added 321,899 shares to its account. In a trade valued at $11,424,196, the President and CEO bought South Bow Corp shares for $35.49 each.
As published in their initiating research note from JP Morgan on March 28, 2025, South Bow Corp [SOBO] has been a Neutral and the price target has been revised to $28. Analysts at Wolfe Research downgraded the stock from ‘”an Outperform”‘ to ‘”a Peer perform”‘ outlook in a report released in early March. As of March 07, 2025, CIBC has decreased its “Sector outperform” rating to a “Neutral” for SOBO. Earlier on January 15, 2025, TD Securities initiated its rating. Their recommendation was “a Hold” for SOBO stock.
Analyzing SOBO Stock Performance
During the last five days, there has been a surge of approximately 1.93%. Over the course of the year, South Bow Corp shares have jumped approximately 5.22%.
Support And Resistance Levels for South Bow Corp (SOBO)
According to the 24-hour chart, there is a support level at 24.45, which, if violated, would cause prices to drop to 24.09. In the upper region, resistance lies at 25.04. The next price resistance is at 25.28. RSI (Relative Strength Index) is 51.29 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at 0.56, which suggests the price will decrease in the coming days. Percent R is at 23.37%, indicating bullish price movement. Stochastics %K at holding indicates that the stock is to be held.
