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. Public Service Enterprise Group Inc shares valued at $109,219 were sold by LaRossa Ralph A on May 01 ’25. At $79.26 per share, LaRossa Ralph A sold 1,378 shares. The insider’s holdings dropped to 221,093 shares worth approximately $17.11 million following the completion of this transaction.
Also, LaRossa Ralph A sold 1,378 shares, netting a total of over 114,213 in proceeds. Following the sale of shares at $82.88 each, the insider now holds 221,670 shares.
Before that, LaRossa Ralph A had sold 1,378 shares from its account. In a trade valued at $112,518, the Chair, President and CEO traded Public Service Enterprise Group Inc shares for $81.65 each. Upon closing the transaction, the insider’s holdings decreased to 1,378 shares, worth approximately $17.26 million.
As published in a research note from Ladenburg Thalmann on March 19, 2025, Public Service Enterprise Group Inc [PEG] has been rated down from a Buy to a Neutral and the price target has been revised to $82.50. Analysts at Barclays downgraded the stock from ‘”an Overweight”‘ to ‘”an Equal weight”‘ outlook in a report released in late January. As of September 13, 2024, Jefferies has initiated its “Hold” rating for PEG. Earlier on June 17, 2024, Guggenheim upgraded its rating. Their new recommendation was “a Buy” for PEG stock which previously was a “a Neutral”.
Analyzing PEG Stock Performance
During the last five days, there has been a drop of approximately -1.36%. Over the course of the year, Public Service Enterprise Group Inc shares have dropped approximately -8.43%. Shares of the company reached a 52-week high of $90.98 on 01/22/25 and a 52-week low of $74.67 on 04/07/25.
Support And Resistance Levels for Public Service Enterprise Group Inc (PEG)
According to the 24-hour chart, there is a support level at 76.72, which, if violated, would cause prices to drop to 76.08. In the upper region, resistance lies at 78.03. The next price resistance is at 78.69. RSI (Relative Strength Index) is 39.87 on the 14-day chart, showing neutral technical sentiment.
