Chief Executive Officer HESS JOHN B sale 250,000 shares of Hess Corporation [HES]

Investors can expect a company’s stock to rise or fall based on the buying and selling of stock by its insiders. Hess Corporation shares valued at $34,001,527 were sold by HESS JOHN B on Jun 06 ’25. At $136.01 per share, HESS JOHN B sold 250,000 shares. The insider’s holdings dropped to 1,734,679 shares worth approximately $244.83 million following the completion of this transaction.

Also, HESS JOHN B sold 225,000 shares, netting a total of over 29,966,408 in proceeds. Following the sale of shares at $133.18 each, the insider now holds 1,984,679 shares.

Before that, JBH Investment Trust had added 250,000 shares to its account. In a trade valued at $33,262,500, the insider bought Hess Corporation shares for $133.05 each.

As published in a research note from Wells Fargo on December 09, 2024, Hess Corporation [HES] has been rated up from an Equal weight to an Overweight and the price target has been revised to $193 from $151. Analysts at Wolfe Research upgraded the stock from ‘”a Peer perform”‘ to ‘”an Outperform”‘ outlook in a report released in late September. Earlier on November 07, 2023, Argus upgraded its rating. Their new recommendation was “a Buy” for HES stock which previously was a “a Hold”.

Analyzing HES Stock Performance

During the last five days, there has been a surge of approximately 6.08%. Over the course of the year, Hess Corporation shares have jumped approximately 6.11%. Shares of the company reached a 52-week high of $161.69 on 03/31/25 and a 52-week low of $124.33 on 04/11/25.

Support And Resistance Levels for Hess Corporation (HES)

According to the 24-hour chart, there is a support level at 139.76, which, if violated, would cause prices to drop to 138.39. In the upper region, resistance lies at 141.91. The next price resistance is at 142.69. RSI (Relative Strength Index) is 64.50 on the 14-day chart, showing neutral technical sentiment.

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