Investors can speculate about the future of a stock by watching how its insiders buy and sell stocks. CNX Resources Corp shares valued at $312,009 were purchased by Clarkson J. Palmer on May 12 ’25. At $31.20 per share, Clarkson J. Palmer acquired 10,000 shares. The insider’s holdings grew to 245,433 shares worth approximately $7.66 million following the completion of this transaction.
Also, MFN Partners, LP sold 1,075,000 shares, netting a total of over 33,421,750 in proceeds. Following the sale of shares at $31.09 each, the insider now holds 13,925,000 shares.
Before that, LANIGAN BERNARD JR had added 75,000 shares to its account. In a trade valued at $2,010,750, the Director bought CNX Resources Corp shares for $26.81 each. Upon closing the transaction, the insider’s holdings increased to 75,000 shares, worth approximately $12.54 million.
As published in a research note from Scotiabank on April 11, 2025, CNX Resources Corp [CNX] has been rated up from a Sector underperform to a Sector perform and the price target has been revised to $33. Analysts at Stephens upgraded the stock from ‘”an Equal-weight”‘ to ‘”an Overweight”‘ outlook in a report released in mid March. As of February 18, 2025, Raymond James has increased its “an Underperform” rating to a “Mkt perform” for CNX. Earlier on January 15, 2025, TD Cowen initiated its rating. Their recommendation was “a Hold” for CNX stock.
Analyzing CNX Stock Performance
During the last five days, there has been a drop of approximately -0.86%. Over the course of the year, CNX Resources Corp shares have dropped approximately -14.92%. Shares of the company reached a 52-week high of $39.00 on 01/03/25 and a 52-week low of $27.00 on 01/31/25.
Support And Resistance Levels for CNX Resources Corp (CNX)
According to the 24-hour chart, there is a support level at 30.94, which, if violated, would cause prices to drop to 30.67. In the upper region, resistance lies at 31.71. The next price resistance is at 32.23. RSI (Relative Strength Index) is 47.51 on the 14-day chart, showing neutral technical sentiment.
