Essential Utilities Inc’s recently made public that its Chief Executive Officer Franklin Chris unloaded Company’s shares for reported $0.3 million on Mar 14 ’25. In the deal valued at $39.40 per share,7,700 shares were sold. As a result of this transaction, Franklin Chris now holds 32,229 shares worth roughly $1.2 million.
Then, Chris Franklin bought 7,700 shares, generating $303,380 in total proceeds.
Before that, RUBIN ROBERT A sold 2,342 shares. Essential Utilities Inc shares valued at $87,661 were divested by the Chief Accounting Officer at a price of $37.43 per share. As a result of the transaction, RUBIN ROBERT A now holds 53,391 shares, worth roughly $2.0 million.
Jefferies upgraded its Essential Utilities Inc [WTRG] rating to a Buy from a a Hold in a research note published recently. A number of analysts have revised their coverage, including Wells Fargo’s analysts, who decreased its forecast for the stock in early January from “an Overweight” to “an Equal weight”. Jefferies also remained covering WTRG and has decreased its forecast on November 07, 2024 with a “Hold” recommendation from previously “Buy” rating. Jefferies started covering the stock on October 07, 2024. It rated WTRG as “a Buy”.
Price Performance Review of WTRG
On Monday, Essential Utilities Inc [NYSE:WTRG] saw its stock fall -1.76% to $37.38. Over the last five days, the stock has lost -1.35%. Essential Utilities Inc shares have risen nearly 2.92% since the year began. Nevertheless, the stocks have risen 1.14% over the past one year. While a 52-week high of $41.78 was reached on 04/04/25, a 52-week low of $33.18 was recorded on 01/13/25.
Levels Of Support And Resistance For WTRG Stock
The 24-hour chart illustrates a support level at 36.95, which if violated will result in even more drops to 36.53. On the upside, there is a resistance level at 37.99. A further resistance level may holdings at 38.61.
