Investors can speculate about the future of a stock by watching how its insiders buy and sell stocks. New Fortress Energy Inc shares valued at $42,850 were purchased by Guinta Christopher S. on Mar 13 ’25. At $8.57 per share, Guinta Christopher S. acquired 5,000 shares. The insider’s holdings grew to 206,653 shares worth approximately $0.44 million following the completion of this transaction.
Also, EDENS WESLEY R purchased 100,000 shares, netting a total of over 907,000 in proceeds. Following the buying of shares at $9.07 each, the insider now holds 36,021,915 shares.
Before that, EDENS WESLEY R had added 200,000 shares to its account. In a trade valued at $1,754,000, the Chief Executive Officer bought New Fortress Energy Inc shares for $8.77 each. Upon closing the transaction, the insider’s holdings increased to 200,000 shares, worth approximately $77.23 million.
As published in a research note from Deutsche Bank on December 04, 2024, New Fortress Energy Inc [NFE] has been rated up from a Sell to a Hold and the price target has been revised to $11. Analysts at Morgan Stanley downgraded the stock from ‘”an Overweight”‘ to ‘”an Equal-weight”‘ outlook in a report released in early October. As of October 01, 2024, Deutsche Bank has decreased its “Hold” rating to a “Sell” for NFE. Earlier on March 04, 2024, Deutsche Bank downgraded its rating. Their new recommendation was “a Hold” for NFE stock which previously was a “a Buy”.
Analyzing NFE Stock Performance
On last trading session,, New Fortress Energy Inc [NASDAQ: NFE] plunged -3.59% to $2.15. The stock’s lowest price that day was $2.01, but it reached a high of $2.305 in the same session. During the last five days, there has been a drop of approximately -32.81%. Over the course of the year, New Fortress Energy Inc shares have dropped approximately -85.78%. Shares of the company reached a 52-week high of $16.66 on 01/17/25 and a 52-week low of $2.01 on 06/18/25.
Support And Resistance Levels for New Fortress Energy Inc (NFE)
According to the 24-hour chart, there is a support level at 2.00, which, if violated, would cause prices to drop to 1.86. In the upper region, resistance lies at 2.30. The next price resistance is at 2.46. RSI (Relative Strength Index) is 32.27 on the 14-day chart, showing neutral technical sentiment.
Is New Fortress Energy Inc subject to short interest?
Stocks of New Fortress Energy Inc saw a sharp steep in short interest on 2025-05-30 dropping by -2.6 million shares to 48.3 million. Data from Yahoo Finance shows that the short interest on 2025-04-30 was 50.91 million shares. A decline of -5.39% in short interest reflects a positive sentiment towards the stock. Despite the fact that short shares comprise just 3.38 of the overall float, the days-to-cover ratio (short ratio) decline to 3.38.
Which companies own the most shares of New Fortress Energy Inc (NFE)?
In terms of New Fortress Energy Inc share price expectations, FactSet research, analysts set an average price target of 8 in the next 12 months, up nearly 258.74% from the previous closing price of $2.23. Analysts anticipate New Fortress Energy Inc stock to reach 19 by 2025, with the lowest price target being 4. In spite of this, 3 analysts ranked New Fortress Energy Inc stock as Buy at the end of 2025.
