KD Logo

Consolidated Edison, Inc [ED] Shares Fall -1.30 % on Wednesday

Investors can speculate about the future of a stock by watching how its insiders buy and sell stocks. Consolidated Edison, Inc shares valued at $101 were purchased by Miller Joseph on Mar 14 ’25. At $103.90 per share, Miller Joseph acquired 1 shares. The insider’s holdings grew to 3,619 shares worth approximately $0.36 million following the completion of this transaction.

Also, Miller Joseph purchased 1 shares, netting a total of over 98 in proceeds. Following the buying of shares at $92.58 each, the insider now holds 1,220 shares.

Before that, Miller Joseph had added 1 shares to its account. In a trade valued at $97, the VP & Controller bought Consolidated Edison, Inc shares for $105.07 each. Upon closing the transaction, the insider’s holdings increased to 1 shares, worth approximately $0.12 million.

As published in a research note from KeyBanc Capital Markets on May 14, 2025, Consolidated Edison, Inc [ED] has been rated down from a Sector weight to an Underweight and the price target has been revised to $90. Analysts at Scotiabank upgraded the stock from ‘”a Sector underperform”‘ to ‘”a Sector perform”‘ outlook in a report released in mid December. As of October 15, 2024, Citigroup has increased its “Neutral” rating to a “Buy” for ED. Earlier on October 09, 2024, Jefferies initiated its rating. Their recommendation was “a Hold” for ED stock.

Analyzing ED Stock Performance

During the last five days, there has been a drop of approximately -10.60%. Over the course of the year, Consolidated Edison, Inc shares have jumped approximately 11.25%. Shares of the company reached a 52-week high of $114.87 on 04/04/25 and a 52-week low of $87.28 on 01/13/25. A 50-day SMA is recorded $108.13, while a 200-day SMA reached $100.81.

Support And Resistance Levels for Consolidated Edison, Inc (ED)

According to the 24-hour chart, there is a support level at 98.17, which, if violated, would cause prices to drop to 97.06. In the upper region, resistance lies at 99.99. The next price resistance is at 100.70. RSI (Relative Strength Index) is 27.92 on the 14-day chart, showing oversold technical sentiment. Moving Average Convergence Divergence (MACD) is at -7.36, which suggests the price will decrease in the coming days. Percent R is at 90.50%, indicating bearish price movement. Stochastics %K at buying indicates that the stock is to be held.

Most Popular