In a filing, Quanta Services, Inc revealed its President, Electric Power Studer Karl W unloaded Company’s shares for reported $6.32 million on Aug 21 ’24. In the deal valued at $270.51 per share,23,357 shares were sold. As a result of this transaction, Studer Karl W now holds 10,631 shares worth roughly $3.05 million.
Then, Studer Karl W bought 15,538 shares, generating $4,205,099 in total proceeds.
Before that, Karl W Studer bought 7,819 shares. Quanta Services, Inc shares valued at $2,097,436 were divested by the Officer at a price of $268.25 per share.
A number of analysts have revised their coverage, including B. Riley Securities’s analysts, who decreased its forecast for the stock in mid March from “a Buy” to “a Neutral”. BMO Capital Markets also remained covering PWR and has increased its forecast on February 25, 2025 with a “an Outperform” recommendation from previously “Market perform” rating. Daiwa Securities revised its rating on February 24, 2025. It rated PWR as “a Neutral” which previously was an “an Outperform”.
Price Performance Review of PWR
On Friday, Quanta Services, Inc [NYSE:PWR] saw its stock jump 1.85% to $287.34. Over the last five days, the stock has gained 7.53%. Quanta Services, Inc shares have fallen nearly -9.08% since the year began. Nevertheless, the stocks have risen 14.05% over the past one year. While a 52-week high of $365.88 was reached on 01/22/25, a 52-week low of $227.08 was recorded on 04/07/25. SMA at 50 days reached $263.40, while 200 days put it at $290.42.
Levels Of Support And Resistance For PWR Stock
The 24-hour chart illustrates a support level at 283.40, which if violated will result in even more drops to 279.46. On the upside, there is a resistance level at 290.64. A further resistance level may holdings at 293.94. The Relative Strength Index (RSI) on the 14-day chart is 61.12, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 14.43, which suggests price will go up in the next trading period. Percent R suggests that price movement has been bullish at 4.23%. Stochastics %K at 91.24% indicates the stock is a selling.
How much short interest is there in Quanta Services, Inc?
A steep rise in short interest was recorded in Quanta Services, Inc stocks on 2025-04-15, growing by 0.39 million shares to a total of 5.07 million shares. Yahoo Finance data shows the prior-month short interest on 2025-03-14 was 4.68 million shares. There was a rise of 7.67%, which implies that there is a positive sentiment for the stock.
The most recent change occurred on February 21, 2025 when ROTH MKM began covering the stock and recommended ‘”a Buy”‘ rating along with a $350 price target.
