California Resources Corporation’s recently made public that its Director CHAPMAN JAMES N acquired Company’s shares for reported $775.0 on Mar 21 ’25. In the deal valued at $44.49 per share,17 shares were bought. As a result of this transaction, CHAPMAN JAMES N now holds 43,462 shares worth roughly $2.05 million.
Then, CHAPMAN JAMES N bought 2,000 shares, generating $78,840 in total proceeds. Upon buying the shares at $39.42, the Director now owns 43,445 shares.
Before that, Hayat Omar sold 16,016 shares. California Resources Corporation shares valued at $883,821 were divested by the EVP – Operations at a price of $55.18 per share. As a result of the transaction, Hayat Omar now holds 30,940 shares, worth roughly $1.46 million.
Barclays upgraded its California Resources Corporation [CRC] rating to an Overweight from a an Equal weight in a research note published recently. A number of analysts have revised their coverage, including Citigroup’s analysts, who decreased its forecast for the stock in early April from “a Buy” to “a Neutral”. Truist began covering CRC with “Buy” recommendation on January 13, 2025. JP Morgan started covering the stock on December 20, 2024. It rated CRC as “a Neutral”.
Price Performance Review of CRC
On Friday, California Resources Corporation [NYSE:CRC] saw its stock jump 2.18% to $47.27. Over the last five days, the stock has gained 5.89%. California Resources Corporation shares have fallen nearly -8.90% since the year began. Nevertheless, the stocks have risen 1.87% over the past one year. While a 52-week high of $60.41 was reached on 01/22/25, a 52-week low of $30.97 was recorded on 04/09/25.
Levels Of Support And Resistance For CRC Stock
The 24-hour chart illustrates a support level at 46.30, which if violated will result in even more drops to 45.32. On the upside, there is a resistance level at 48.15. A further resistance level may holdings at 49.02.
How much short interest is there in California Resources Corporation?
A steep rise in short interest was recorded in California Resources Corporation stocks on 2025-05-30, growing by 1.42 million shares to a total of 4.97 million shares. Yahoo Finance data shows the prior-month short interest on 2025-04-30 was 3.55 million shares. There was a rise of 28.56%, which implies that there is a positive sentiment for the stock.
The most recent change occurred on October 24, 2024 when Jefferies began covering the stock and recommended ‘”a Buy”‘ rating along with a $64 price target.
