Insider Selling: Hofmeister Brandon J., CMS Energy Corporation [CMS] Senior Vice President divested 2,198 shares

Investors can speculate about the future of a stock by watching how its insiders buy and sell stocks. CMS Energy Corporation shares valued at $161,790 were sold by Hofmeister Brandon J. on May 06 ’25. At $73.61 per share, Hofmeister Brandon J. sold 2,198 shares. The insider’s holdings dropped to 69,571 shares worth approximately $4.83 million following the completion of this transaction.

Also, Hofmeister Brandon J. purchased 2,198 shares, netting a total of over 161,267 in proceeds.

Before that, Hofmeister Brandon J. had sold 2,000 shares from its account. In a trade valued at $147,540, the Senior Vice President traded CMS Energy Corporation shares for $73.77 each. Upon closing the transaction, the insider’s holdings decreased to 2,000 shares, worth approximately $4.99 million.

As published in a research note from Barclays on February 20, 2025, CMS Energy Corporation [CMS] has been rated up from an Equal weight to an Overweight and the price target has been revised to $75 from $68. Analysts at Guggenheim downgraded the stock from ‘”a Buy”‘ to ‘”a Neutral”‘ outlook in a report released in late January. As of November 05, 2024, Jefferies has initiated its “Buy” rating for CMS. Earlier on October 15, 2024, Mizuho downgraded its rating. Their new recommendation was “a Neutral” for CMS stock which previously was a “an Outperform”.

Analyzing CMS Stock Performance

During the last five days, there has been a drop of approximately -2.17%. Over the course of the year, CMS Energy Corporation shares have jumped approximately 4.07%. Shares of the company reached a 52-week high of $76.45 on 04/03/25 and a 52-week low of $63.97 on 01/13/25.

Support And Resistance Levels for CMS Energy Corporation (CMS)

According to the 24-hour chart, there is a support level at 68.70, which, if violated, would cause prices to drop to 68.05. In the upper region, resistance lies at 70.30. The next price resistance is at 71.25. RSI (Relative Strength Index) is 39.05 on the 14-day chart, showing neutral technical sentiment.

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