Investors can speculate about the future of a stock by watching how its insiders buy and sell stocks. TEGNA Inc shares valued at $636,689 were purchased by Trelstad Lynn B. on Apr 10 ’25. At $15.92 per share, Trelstad Lynn B. acquired 40,000 shares.
Also, Trelstad Lynn B. sold 40,000 shares, netting a total of over 709,600 in proceeds. Following the sale of shares at $17.74 each, the insider now holds 149,433 shares.
Before that, Trelstad Lynn B. had added 40,000 shares to its account. In a trade valued at $707,600, the Officer bought TEGNA Inc shares for $17.69 each.
As published in a research note from Wells Fargo on December 19, 2024, TEGNA Inc [TGNA] has been rated up from an Equal weight to an Overweight and the price target has been revised to $23 from $21. As of May 05, 2022, Wells Fargo has decreased its “an Overweight” rating to a “an Equal weight” for TGNA. Earlier on April 13, 2022, Argus downgraded its rating. Their new recommendation was “a Hold” for TGNA stock which previously was a “a Buy”.
Analyzing TGNA Stock Performance
During the last five days, there has been a drop of approximately -3.29%. Over the course of the year, TEGNA Inc shares have dropped approximately -8.42%. Shares of the company reached a 52-week high of $19.13 on 03/26/25 and a 52-week low of $15.14 on 04/11/25.
Support And Resistance Levels for TEGNA Inc (TGNA)
According to the 24-hour chart, there is a support level at 16.58, which, if violated, would cause prices to drop to 16.40. In the upper region, resistance lies at 16.98. The next price resistance is at 17.20. RSI (Relative Strength Index) is 47.68 on the 14-day chart, showing neutral technical sentiment.
