Chevron Corp’s recent filing unveils that its Vice President GUSTAVSON JEFF B unloaded Company’s shares for reported $1.42 million on Feb 07 ’25. In the deal valued at $152.50 per share,9,325 shares were sold. As a result of this transaction, GUSTAVSON JEFF B now holds 1,057 shares worth roughly $0.15 million.
Then, JEFF B GUSTAVSON bought 9,325 shares, generating $1,422,109 in total proceeds.
Before that, Wirth Michael K sold 164,600 shares. Chevron Corp shares valued at $26,356,838 were divested by the Chairman and CEO at a price of $160.13 per share. As a result of the transaction, Wirth Michael K now holds 4,280 shares, worth roughly $0.59 million.
DZ Bank downgraded its Chevron Corp [CVX] rating to a Sell from a a Buy in a research note published recently. A number of analysts have revised their coverage, including TD Cowen’s analysts, who remained covering the stock and in early May has reiterated a ‘”a Hold”‘ rating for it. Redburn Atlantic also remained covering CVX and has decreased its forecast on April 23, 2025 with a “Sell” recommendation from previously “Neutral” rating. Barclays revised its rating on April 23, 2025. It rated CVX as “an Equal weight” which previously was an “an Overweight”.
Price Performance Review of CVX
On Friday, Chevron Corp [NYSE:CVX] saw its stock jump 1.06% to $138.49. Over the last five days, the stock has lost -0.01%. Chevron Corp shares have fallen nearly -4.38% since the year began. Nevertheless, the stocks have fallen -14.86% over the past one year. While a 52-week high of $168.96 was reached on 03/26/25, a 52-week low of $132.04 was recorded on 04/11/25. SMA at 50 days reached $148.80, while 200 days put it at $150.69.
Levels Of Support And Resistance For CVX Stock
The 24-hour chart illustrates a support level at 137.67, which if violated will result in even more drops to 136.85. On the upside, there is a resistance level at 139.34. A further resistance level may holdings at 140.19. The Relative Strength Index (RSI) on the 14-day chart is 45.20, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -0.35, which suggests price will go down in the next trading period. Percent R suggests that price movement has been low at 31.17%. Stochastics %K at 56.44% indicates the stock is a holding.
