HighPeak Energy Inc’s recent filing unveils that its Chief Executive Officer HIGHTOWER JACK acquired Company’s shares for reported $0.24 million on Nov 08 ’24. In the deal valued at $14.03 per share,17,262 shares were bought. As a result of this transaction, HIGHTOWER JACK now holds 4,976,517 shares worth roughly $49.47 million.
Then, HIGHTOWER JACK bought 100,000 shares, generating $1,554,000 in total proceeds. Upon buying the shares at $15.54, the Chief Executive Officer now owns 4,959,255 shares.
Before that, HIGHTOWER JACK bought 36,078 shares. HighPeak Energy Inc shares valued at $550,114 were divested by the Chief Executive Officer at a price of $15.25 per share. As a result of the transaction, HIGHTOWER JACK now holds 4,859,255 shares, worth roughly $48.3 million.
BofA Securities initiated its HighPeak Energy Inc [HPK] rating to an Underperform in a research note published on April 07, 2025; the price target was $10. A number of analysts have revised their coverage, including Truist’s analysts, who increased its forecast for the stock in late May from “a Sell” to “a Hold”. Truist began covering HPK with “Sell” recommendation on April 24, 2023. ROTH Capital started covering the stock on November 09, 2021. It rated HPK as “a Buy”.
Price Performance Review of HPK
On Monday, HighPeak Energy Inc [NASDAQ:HPK] saw its stock jump 8.75% to $9.94. Over the last five days, the stock has gained 25.19%. HighPeak Energy Inc shares have fallen nearly -32.38% since the year began. Nevertheless, the stocks have fallen -30.68% over the past one year. While a 52-week high of $17.48 was reached on 01/06/25, a 52-week low of $7.82 was recorded on 04/09/25. SMA at 50 days reached $10.45, while 200 days put it at $13.50.
Levels Of Support And Resistance For HPK Stock
The 24-hour chart illustrates a support level at 9.61, which if violated will result in even more drops to 9.28. On the upside, there is a resistance level at 10.21. A further resistance level may holdings at 10.48. The Relative Strength Index (RSI) on the 14-day chart is 55.54, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 0.49, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bullish at 9.05%. Stochastics %K at 65.50% indicates the stock is a holding.
The most recent change occurred on July 22, 2021 when Seaport Global Securities began covering the stock and recommended ‘”a Buy”‘ rating along with a $15 price target.
