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. Hess Midstream LP shares valued at $127,055 were sold by Schoonman Geurt G on Jun 09 ’25. At $39.10 per share, Schoonman Geurt G sold 3,249 shares. The insider’s holdings dropped to 0 shares worth approximately $0.0 following the completion of this transaction.
Also, Schoonman Guert G. purchased 3,250 shares, netting a total of over 126,685 in proceeds.
Before that, BlackRock Portfolio Management had sold 15,022,517 shares from its account. In a trade valued at $553,729,977, the 10% Owner traded Hess Midstream LP shares for $36.86 each. Upon closing the transaction, the insider’s holdings decreased to 15,022,517 shares, worth approximately $0.0.
As published in a research note from JP Morgan on March 08, 2024, Hess Midstream LP [HESM] has been rated down from an Overweight to a Neutral and the price target has been revised to $37. As of May 10, 2023, UBS has initiated its “Buy” rating for HESM. Earlier on April 21, 2023, Raymond James initiated its rating. Their recommendation was “an Outperform” for HESM stock.
Analyzing HESM Stock Performance
During the last five days, there has been a surge of approximately 4.58%. Over the course of the year, Hess Midstream LP shares have jumped approximately 6.08%. Shares of the company reached a 52-week high of $44.05 on 03/19/25 and a 52-week low of $33.59 on 04/09/25.
Support And Resistance Levels for Hess Midstream LP (HESM)
According to the 24-hour chart, there is a support level at 38.93, which, if violated, would cause prices to drop to 38.58. In the upper region, resistance lies at 39.46. The next price resistance is at 39.65. RSI (Relative Strength Index) is 58.02 on the 14-day chart, showing neutral technical sentiment.
