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. Range Resources Corp shares valued at $388,652 were sold by McDowell Erin W on May 13 ’25. At $40.62 per share, McDowell Erin W sold 9,568 shares. The insider’s holdings dropped to 13,800 shares worth approximately $0.54 million following the completion of this transaction.
Also, Degner Dennis sold 35,850 shares, netting a total of over 1,449,057 in proceeds. Following the sale of shares at $40.42 each, the insider now holds 58,431 shares.
Before that, Maxwell Greg G had sold 10,374 shares from its account. In a trade valued at $421,392, the Director traded Range Resources Corp shares for $40.62 each. Upon closing the transaction, the insider’s holdings decreased to 10,374 shares, worth approximately $0.29 million.
As published in a research note from ROTH MKM on April 08, 2025, Range Resources Corp [RRC] has been rated up from a Neutral to a Buy and the price target has been revised to $42 from $41. Analysts at Morgan Stanley upgraded the stock from ‘”an Underweight”‘ to ‘”an Equal-weight”‘ outlook in a report released in late March. As of March 13, 2025, JP Morgan has increased its “an Underweight” rating to a “Neutral” for RRC. Earlier on January 17, 2025, Scotiabank downgraded its rating. Their new recommendation was “a Sector perform” for RRC stock which previously was a “a Sector outperform”.
Analyzing RRC Stock Performance
During the last five days, there has been a drop of approximately -2.21%. Over the course of the year, Range Resources Corp shares have jumped approximately 9.53%. Shares of the company reached a 52-week high of $41.95 on 01/22/25 and a 52-week low of $30.32 on 04/09/25.
Support And Resistance Levels for Range Resources Corp (RRC)
According to the 24-hour chart, there is a support level at 38.87, which, if violated, would cause prices to drop to 38.33. In the upper region, resistance lies at 39.82. The next price resistance is at 40.23. RSI (Relative Strength Index) is 61.51 on the 14-day chart, showing neutral technical sentiment.
