A company insider recently sold 7,062 shares of DTE Energy Co [DTE]. Should You Sale?

Investors can expect a company’s stock to rise or fall based on the buying and selling of stock by its insiders. DTE Energy Co shares valued at $935,009 were sold by Chavez JoAnn on Feb 24 ’25. At $132.40 per share, Chavez JoAnn sold 7,062 shares. The insider’s holdings dropped to 14,067 shares worth approximately $1.92 million following the completion of this transaction.

Also, JOANN CHAVEZ purchased 7,062 shares, netting a total of over 934,985 in proceeds.

Before that, Myrick Tracy J had sold 1,014 shares from its account. In a trade valued at $131,739, the Chief Accounting Officer traded DTE Energy Co shares for $129.92 each. Upon closing the transaction, the insider’s holdings decreased to 1,014 shares, worth approximately $0.47 million.

As published in a research note from Barclays on February 20, 2025, DTE Energy Co [DTE] has been rated down from an Overweight to an Equal weight and the price target has been revised to $135 from $137. Analysts at Guggenheim upgraded the stock from ‘”a Neutral”‘ to ‘”a Buy”‘ outlook in a report released in late January. As of December 04, 2024, KeyBanc Capital Markets has decreased its “an Overweight” rating to a “Sector weight” for DTE. Earlier on December 03, 2024, UBS upgraded its rating. Their new recommendation was “a Buy” for DTE stock which previously was a “a Neutral”.

Analyzing DTE Stock Performance

During the last five days, there has been a surge of approximately 0.11%. Over the course of the year, DTE Energy Co shares have jumped approximately 12.84%. Shares of the company reached a 52-week high of $140.39 on 04/03/25 and a 52-week low of $116.30 on 01/23/25.

Support And Resistance Levels for DTE Energy Co (DTE)

According to the 24-hour chart, there is a support level at 135.14, which, if violated, would cause prices to drop to 134.01. In the upper region, resistance lies at 136.83. The next price resistance is at 137.39. RSI (Relative Strength Index) is 51.64 on the 14-day chart, showing neutral technical sentiment.

Most Popular

Knox Daily
Privacy Overview

This website uses cookies so that we can provide you with the best user experience possible. Cookie information is stored in your browser and performs functions such as recognising you when you return to our website and helping our team to understand which sections of the website you find most interesting and useful.