Hess Midstream LP’s recently made public that its 10% Owner BlackRock Portfolio Management unloaded Company’s shares for reported $553.73 million on May 30 ’25. In the deal valued at $36.86 per share,15,022,517 shares were sold. As a result of this transaction, BlackRock Portfolio Management now holds 0 shares worth roughly $0.0.
Then, Gatling John A. sold 2,087 shares, generating $84,728 in total proceeds. Upon selling the shares at $40.60, the President and COO now owns 62,457 shares.
Before that, Gatling John A. bought 2,087 shares. Hess Midstream LP shares valued at $84,190 were divested by the Officer at a price of $40.34 per share.
JP Morgan downgraded its Hess Midstream LP [HESM] rating to a Neutral from a an Overweight in a research note published recently. UBS began covering HESM with “Buy” recommendation on May 10, 2023. Raymond James started covering the stock on April 21, 2023. It rated HESM as “an Outperform”.
Price Performance Review of HESM
On Friday, Hess Midstream LP [NYSE:HESM] saw its stock fall -0.75% to $37.00. Over the last five days, the stock has lost -2.66%. Hess Midstream LP shares have fallen nearly -0.08% since the year began. Nevertheless, the stocks have risen 2.98% over the past one year. While a 52-week high of $44.05 was reached on 03/19/25, a 52-week low of $33.59 was recorded on 04/09/25. SMA at 50 days reached $38.65, while 200 days put it at $37.85.
Levels Of Support And Resistance For HESM Stock
The 24-hour chart illustrates a support level at 36.77, which if violated will result in even more drops to 36.53. On the upside, there is a resistance level at 37.25. A further resistance level may holdings at 37.49. The Relative Strength Index (RSI) on the 14-day chart is 41.63, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -0.79, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 91.67%. Stochastics %K at 27.75% indicates the stock is a holding.
The most recent change occurred on December 09, 2022 when Citigroup began covering the stock and recommended ‘”a Buy”‘ rating along with a $34 price target.
