Investors can speculate about the future of a stock by watching how its insiders buy and sell stocks. Chord Energy Corp shares valued at $290,863 were sold by Kinney Shannon Browning on May 08 ’25. At $94.10 per share, Kinney Shannon Browning sold 3,091 shares. The insider’s holdings dropped to 21,277 shares worth approximately $2.08 million following the completion of this transaction.
Also, Kinney Shannon Browning purchased 3,091 shares, netting a total of over 290,863 in proceeds.
Before that, Kinney Shannon Browning had sold 1,000 shares from its account. In a trade valued at $116,350, the EVP, CAO, GC & Corp Secretary traded Chord Energy Corp shares for $116.35 each. Upon closing the transaction, the insider’s holdings decreased to 1,000 shares, worth approximately $1.91 million.
As published in a research note from BofA Securities on April 29, 2025, Chord Energy Corp [CHRD] has been rated up from a Neutral to a Buy and the price target has been revised to $114. Analysts at BofA Securities downgraded the stock from ‘”a Buy”‘ to ‘”a Neutral”‘ outlook in a report released in mid January. As of January 10, 2025, Morgan Stanley has initiated its “an Equal-weight” rating for CHRD. Earlier on January 03, 2025, Wolfe Research upgraded its rating. Their new recommendation was “an Outperform” for CHRD stock which previously was a “a Peer perform”.
Analyzing CHRD Stock Performance
During the last five days, there has been a surge of approximately 8.70%. Over the course of the year, Chord Energy Corp shares have dropped approximately -16.20%. Shares of the company reached a 52-week high of $129.32 on 01/15/25 and a 52-week low of $79.83 on 04/09/25. A 50-day SMA is recorded $99.08, while a 200-day SMA reached $121.51.
Support And Resistance Levels for Chord Energy Corp (CHRD)
According to the 24-hour chart, there is a support level at 96.90, which, if violated, would cause prices to drop to 95.81. In the upper region, resistance lies at 99.11. The next price resistance is at 100.23. RSI (Relative Strength Index) is 54.40 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at 4.69, which suggests the price will increase in the coming days. Percent R is at 20.54%, indicating bullish price movement. Stochastics %K at selling indicates that the stock is to be held.
