The buying and selling of stock by a company’s insider give investors a sense that the stock will rise or fall in the future. Black Hills Corporation shares valued at $169,687 were sold by Roberts Rebecca B on May 30 ’24. At $54.84 per share, Roberts Rebecca B sold 3,094 shares. The insider’s holdings dropped to 7,956 shares worth approximately $0.46 million following the completion of this transaction.
As published in their initiating research note from BMO Capital Markets on May 13, 2025, Black Hills Corporation [BKH] has been an Outperform and the price target has been revised to $68. Analysts at Mizuho upgraded the stock from ‘”an Underperform”‘ to ‘”a Neutral”‘ outlook in a report released in late November. As of February 10, 2023, RBC Capital Mkts has decreased its “an Outperform” rating to a “Sector perform” for BKH. Earlier on February 09, 2023, Sidoti downgraded its rating. Their new recommendation was “a Neutral” for BKH stock which previously was a “a Buy”.
Analyzing BKH Stock Performance
During the last five days, there has been a drop of approximately -7.22%. Over the course of the year, Black Hills Corporation shares have dropped approximately -2.10%. Shares of the company reached a 52-week high of $62.20 on 05/07/25 and a 52-week low of $54.92 on 04/09/25. A 50-day SMA is recorded $59.83, while a 200-day SMA reached $59.77.
Support And Resistance Levels for Black Hills Corporation (BKH)
According to the 24-hour chart, there is a support level at 56.62, which, if violated, would cause prices to drop to 55.95. In the upper region, resistance lies at 57.84. The next price resistance is at 58.39. RSI (Relative Strength Index) is 34.22 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at -2.29, which suggests the price will decrease in the coming days. Percent R is at 86.14%, indicating bearish price movement. Stochastics %K at buying indicates that the stock is to be held.
