In a filing, Quanta Services, Inc revealed its President, Electric Power Studer Karl W unloaded Company’s shares for reported $6.32 million on Aug 21 ’24. In the deal valued at $270.51 per share,23,357 shares were sold. As a result of this transaction, Studer Karl W now holds 10,631 shares worth roughly $3.54 million.
Then, Studer Karl W bought 15,538 shares, generating $4,205,099 in total proceeds.
Before that, Karl W Studer bought 7,819 shares. Quanta Services, Inc shares valued at $2,097,436 were divested by the Officer at a price of $268.25 per share.
TD Cowen reiterated its Quanta Services, Inc [PWR] rating to a Buy in a research note published on May 07, 2025; the price target was $355. B. Riley Securities also remained covering PWR and has decreased its forecast on March 19, 2025 with a “Neutral” recommendation from previously “Buy” rating. BMO Capital Markets revised its rating on February 25, 2025. It rated PWR as “an Outperform” which previously was an “a Market perform”.
Price Performance Review of PWR
On Monday, Quanta Services, Inc [NYSE:PWR] saw its stock jump 2.12% to $332.79. Over the last five days, the stock has gained 3.15%. Quanta Services, Inc shares have risen nearly 5.30% since the year began. Nevertheless, the stocks have risen 25.59% over the past one year. While a 52-week high of $365.88 was reached on 01/22/25, a 52-week low of $227.08 was recorded on 04/07/25. SMA at 50 days reached $272.39, while 200 days put it at $293.46.
Levels Of Support And Resistance For PWR Stock
The 24-hour chart illustrates a support level at 330.91, which if violated will result in even more drops to 329.04. On the upside, there is a resistance level at 336.04. A further resistance level may holdings at 339.30. The Relative Strength Index (RSI) on the 14-day chart is 74.12, which indicates overbought technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 20.36, which suggests price will go up in the next trading period. Percent R suggests that price movement has been bullish at 7.08%. Stochastics %K at 93.63% indicates the stock is a selling.
