In a filing, Conoco Phillips revealed its Director Murti Arjun N acquired Company’s shares for reported $0.24 million on Dec 20 ’24. In the deal valued at $95.87 per share,2,500 shares were bought. As a result of this transaction, Murti Arjun N now holds 21,500 shares worth roughly $1.9 million.
Then, WALKER R A bought 10,400 shares, generating $1,017,161 in total proceeds. Upon buying the shares at $97.80, the Director now owns 38,000 shares.
Before that, LEACH TIMOTHY A sold 55,500 shares. Conoco Phillips shares valued at $6,000,255 were divested by the Director at a price of $108.11 per share. As a result of the transaction, LEACH TIMOTHY A now holds 455,909 shares, worth roughly $40.39 million.
BofA Securities downgraded its Conoco Phillips [COP] rating to a Neutral from a a Buy in a research note published recently. A number of analysts have revised their coverage, including Raymond James’s analysts, who decreased its forecast for the stock in early February from “a Strong buy” to “an Outperform”. TD Cowen began covering COP with “Buy” recommendation on January 17, 2025. Mizuho revised its rating on December 16, 2024. It rated COP as “an Outperform” which previously was an “a Neutral”.
Price Performance Review of COP
On Friday, Conoco Phillips [NYSE:COP] saw its stock fall -0.26% to $88.59. Over the last five days, the stock has lost -3.09%. Conoco Phillips shares have fallen nearly -10.67% since the year began. Nevertheless, the stocks have fallen -28.04% over the past one year. While a 52-week high of $123.80 was reached on 04/02/25, a 52-week low of $79.88 was recorded on 04/09/25. SMA at 50 days reached $93.45, while 200 days put it at $102.53.
Levels Of Support And Resistance For COP Stock
The 24-hour chart illustrates a support level at 87.57, which if violated will result in even more drops to 86.55. On the upside, there is a resistance level at 90.34. A further resistance level may holdings at 92.09. The Relative Strength Index (RSI) on the 14-day chart is 45.05, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -1.60, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 73.53%. Stochastics %K at 27.23% indicates the stock is a holding.
The most recent change occurred on December 16, 2024 when Morgan Stanley began covering the stock and recommended ‘”an Overweight”‘ rating along with a $128 price target.
