New Jersey Resources Corporation’s recent filing unveils that its SVP and CFO Bel Roberto unloaded Company’s shares for reported $58650.0 on Mar 31 ’25. In the deal valued at $50.00 per share,1,173 shares were sold. As a result of this transaction, Bel Roberto now holds 22,649 shares worth roughly $1.07 million.
Then, Bel Roberto bought 1,173 shares, generating $58,650 in total proceeds.
Before that, Bel Roberto sold 2,346 shares. New Jersey Resources Corporation shares valued at $113,964 were divested by the SVP and CFO at a price of $48.58 per share. As a result of the transaction, Bel Roberto now holds 23,822 shares, worth roughly $1.12 million.
Jefferies initiated its New Jersey Resources Corporation [NJR] rating to a Hold in a research note published on April 01, 2025; the price target was $51. A number of analysts have revised their coverage, including JP Morgan’s analysts, who increased its forecast for the stock in mid December from “a Neutral” to “an Overweight”. JP Morgan also remained covering NJR and has increased its forecast on September 21, 2023 with a “Neutral” recommendation from previously “an Underweight” rating. JP Morgan revised its rating on September 09, 2022. It rated NJR as “an Underweight” which previously was an “a Neutral”.
Price Performance Review of NJR
On Monday, New Jersey Resources Corporation [NYSE:NJR] saw its stock jump 1.01% to $47.08. Over the last five days, the stock has gained 1.71%. New Jersey Resources Corporation shares have risen nearly 0.92% since the year began. Nevertheless, the stocks have risen 6.71% over the past one year.
How much short interest is there in New Jersey Resources Corporation?
A steep rise in short interest was recorded in New Jersey Resources Corporation stocks on 2025-04-30, growing by 0.43 million shares to a total of 2.63 million shares. Yahoo Finance data shows the prior-month short interest on 2025-03-31 was 2.2 million shares. There was a rise of 16.44%, which implies that there is a positive sentiment for the stock.
