In a filing, WEC Energy Group Inc revealed its Director KLAPPA GALE E unloaded Company’s shares for reported $5.39 million on Mar 03 ’25. In the deal valued at $107.73 per share,50,000 shares were sold. As a result of this transaction, KLAPPA GALE E now holds 274,955 shares worth roughly $29.59 million.
Then, KLAPPA GALE E sold 25,000 shares, generating $2,715,617 in total proceeds. Upon selling the shares at $108.62, the Director now owns 274,955 shares.
Before that, GALE KLAPPA bought 25,000 shares. WEC Energy Group Inc shares valued at $2,715,618 were divested by the Officer at a price of $108.62 per share.
JP Morgan upgraded its WEC Energy Group Inc [WEC] rating to a Neutral from a an Underweight in a research note published on April 08, 2025; the price target was increased to $108 from $106. A number of analysts have revised their coverage, including Barclays’s analysts, who increased its forecast for the stock in early January from “an Underweight” to “an Equal weight”. BofA Securities also remained covering WEC and has increased its forecast on December 12, 2024 with a “Neutral” recommendation from previously “an Underperform” rating. Jefferies started covering the stock on September 20, 2024. It rated WEC as “a Hold”.
Price Performance Review of WEC
On Friday, WEC Energy Group Inc [NYSE:WEC] saw its stock fall -0.31% to $107.62. Over the last five days, the stock has lost -0.92%. WEC Energy Group Inc shares have risen nearly 14.44% since the year began. Nevertheless, the stocks have risen 28.38% over the past one year. While a 52-week high of $111.00 was reached on 04/03/25, a 52-week low of $77.47 was recorded on 01/07/25. SMA at 50 days reached $107.17, while 200 days put it at $98.72.
Levels Of Support And Resistance For WEC Stock
The 24-hour chart illustrates a support level at 106.76, which if violated will result in even more drops to 105.90. On the upside, there is a resistance level at 108.28. A further resistance level may holdings at 108.94. The Relative Strength Index (RSI) on the 14-day chart is 48.67, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -0.37, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 74.08%. Stochastics %K at 48.64% indicates the stock is a holding.
The most recent change occurred on April 10, 2024 when Goldman began covering the stock and recommended ‘”a Neutral”‘ rating along with a $88 price target.
