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. TXO Partners L.P shares valued at $601,344 were sold by Simpson Gary D. on Apr 01 ’25. At $19.08 per share, Simpson Gary D. sold 31,517 shares. The insider’s holdings dropped to 408,053 shares worth approximately $6.24 million following the completion of this transaction.
Also, Clum Brent W. sold 31,517 shares, netting a total of over 601,344 in proceeds. Following the sale of shares at $19.08 each, the insider now holds 638,820 shares.
Before that, Agosta Scott T. had sold 5,775 shares from its account. In a trade valued at $107,357, the Chief Accounting Officer traded TXO Partners L.P shares for $18.59 each. Upon closing the transaction, the insider’s holdings decreased to 5,775 shares, worth approximately $2.44 million.
Analysts at Stifel started covering the stock with ‘”a Buy”‘ outlook in a report released in late February. As of February 21, 2023, Raymond James has initiated its “Strong buy” rating for TXO. Earlier on February 21, 2023, CapitalOne initiated its rating. Their recommendation was “an Overweight” for TXO stock.
Analyzing TXO Stock Performance
During the last five days, there has been a drop of approximately -10.00%. Over the course of the year, TXO Partners L.P shares have dropped approximately -9.14%. Shares of the company reached a 52-week high of $20.70 on 02/19/25 and a 52-week low of $14.99 on 05/14/25. A 50-day SMA is recorded $17.95, while a 200-day SMA reached $18.51.
Support And Resistance Levels for TXO Partners L.P (TXO)
According to the 24-hour chart, there is a support level at 14.97, which, if violated, would cause prices to drop to 14.64. In the upper region, resistance lies at 15.65. The next price resistance is at 16.00. RSI (Relative Strength Index) is 30.66 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at -0.07, which suggests the price will decrease in the coming days. Percent R is at 89.34%, indicating bearish price movement. Stochastics %K at holding indicates that the stock is to be held.
