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A company insider recently sold 2,600 shares of Eversource Energy [ES]. Should You Sale?

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. Eversource Energy shares valued at $166,400 were sold by Conner Penelope M on May 20 ’25. At $64.00 per share, Conner Penelope M sold 2,600 shares. The insider’s holdings dropped to 10,988 shares worth approximately $0.69 million following the completion of this transaction.

Also, Conner Penelope M purchased 2,600 shares, netting a total of over 166,400 in proceeds.

Before that, DiStasio James S had added 8,200 shares to its account. In a trade valued at $510,071, the Former Director bought Eversource Energy shares for $62.20 each.

As published in a research note from JP Morgan on April 10, 2025, Eversource Energy [ES] has been rated down from a Neutral to an Underweight and the price target has been revised to $58. Analysts at Scotiabank downgraded the stock from ‘”a Sector perform”‘ to ‘”a Sector underperform”‘ outlook in a report released in mid December. As of December 03, 2024, Jefferies has initiated its “an Underperform” rating for ES. Earlier on June 25, 2024, BofA Securities upgraded its rating. Their new recommendation was “a Neutral” for ES stock which previously was a “an Underperform”.

Analyzing ES Stock Performance

During the last five days, there has been a surge of approximately 1.09%. Over the course of the year, Eversource Energy shares have jumped approximately 9.80%. Shares of the company reached a 52-week high of $66.15 on 05/20/25 and a 52-week low of $52.28 on 04/09/25.

Support And Resistance Levels for Eversource Energy (ES)

According to the 24-hour chart, there is a support level at 62.42, which, if violated, would cause prices to drop to 61.79. In the upper region, resistance lies at 63.57. The next price resistance is at 64.08. RSI (Relative Strength Index) is 56.80 on the 14-day chart, showing neutral technical sentiment.

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