Public Service Enterprise Group Inc’s recently made public that its Chair, President and CEO LaRossa Ralph A unloaded Company’s shares for reported $0.11 million on Apr 01 ’25. In the deal valued at $82.88 per share,1,378 shares were sold. As a result of this transaction, LaRossa Ralph A now holds 221,670 shares worth roughly $17.93 million.
Then, LaRossa Ralph A sold 1,378 shares, generating $112,518 in total proceeds. Upon selling the shares at $81.65, the Chair, President and CEO now owns 223,048 shares.
Before that, Ralph A. LaRossa bought 5,512 shares. Public Service Enterprise Group Inc shares valued at $447,299 were divested by the Affiliate at a price of $81.15 per share.
Ladenburg Thalmann downgraded its Public Service Enterprise Group Inc [PEG] rating to a Neutral from a a Buy in a research note published recently. A number of analysts have revised their coverage, including Barclays’s analysts, who decreased its forecast for the stock in late January from “an Overweight” to “an Equal weight”. Jefferies began covering PEG with “Hold” recommendation on September 13, 2024. Guggenheim revised its rating on June 17, 2024. It rated PEG as “a Buy” which previously was an “a Neutral”.
Price Performance Review of PEG
On Monday, Public Service Enterprise Group Inc [NYSE:PEG] saw its stock fall -0.16% to $80.90. Over the last five days, the stock has gained 0.81%. Public Service Enterprise Group Inc shares have fallen nearly -4.25% since the year began. Nevertheless, the stocks have risen 20.33% over the past one year. While a 52-week high of $95.22 was reached on 01/22/25, a 52-week low of $66.57 was recorded on 04/07/25. SMA at 50 days reached $81.76, while 200 days put it at $84.02.
Levels Of Support And Resistance For PEG Stock
The 24-hour chart illustrates a support level at 80.33, which if violated will result in even more drops to 79.77. On the upside, there is a resistance level at 81.40. A further resistance level may holdings at 81.91. The Relative Strength Index (RSI) on the 14-day chart is 46.97, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -0.51, which suggests price will go down in the next trading period. Percent R suggests that price movement has been low at 40.27%. Stochastics %K at 64.20% indicates the stock is a holding.
How much short interest is there in Public Service Enterprise Group Inc?
A steep rise in short interest was recorded in Public Service Enterprise Group Inc stocks on 2025-04-15, growing by 9104.0 shares to a total of 7.21 million shares. Yahoo Finance data shows the prior-month short interest on 2025-03-14 was 7.2 million shares. There was a rise of 0.13%, which implies that there is a positive sentiment for the stock.