Investors can speculate about the future of a stock by watching how its insiders buy and sell stocks. Genesis Energy L.P shares valued at $80,030 were purchased by Gaspard Garland G on Mar 25 ’25. At $15.96 per share, Gaspard Garland G acquired 5,016 shares. The insider’s holdings grew to 24,541 shares worth approximately $0.35 million following the completion of this transaction.
Also, SIMS RYAN S purchased 1,000 shares, netting a total of over 12,945 in proceeds. Following the buying of shares at $12.95 each, the insider now holds 23,500 shares.
Before that, SIMS RYAN S had added 1,000 shares to its account. In a trade valued at $11,250, the President & Chief Comm Officer bought Genesis Energy L.P shares for $11.25 each. Upon closing the transaction, the insider’s holdings increased to 1,000 shares, worth approximately $0.32 million.
As published in a research note from Wells Fargo on March 17, 2025, Genesis Energy L.P [GEL] has been rated up from an Equal weight to an Overweight and the price target has been revised to $18 from $15. Analysts at CapitalOne upgraded the stock from ‘”an Equal weight”‘ to ‘”an Overweight”‘ outlook in a report released in early November.
Analyzing GEL Stock Performance
During the last five days, there has been a surge of approximately 4.51%. Over the course of the year, Genesis Energy L.P shares have jumped approximately 42.04%. Shares of the company reached a 52-week high of $16.44 on 03/26/25 and a 52-week low of $10.15 on 01/10/25. A 50-day SMA is recorded $13.99, while a 200-day SMA reached $12.60.
Support And Resistance Levels for Genesis Energy L.P (GEL)
According to the 24-hour chart, there is a support level at 14.01, which, if violated, would cause prices to drop to 13.66. In the upper region, resistance lies at 14.60. The next price resistance is at 14.85. RSI (Relative Strength Index) is 54.99 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at 0.02, which suggests the price will decrease in the coming days. Percent R is at 13.21%, indicating bullish price movement. Stochastics %K at holding indicates that the stock is to be held.
