Southwest Gas Holdings Inc (SWX) receives a Neutral rating from BofA Securities

Southwest Gas Holdings Inc’s recently made public that its 10% Owner Southwest Gas Holdings, Inc. unloaded Company’s shares for reported $232.66 million on Jun 18 ’25. In the deal valued at $20.75 per share,11,212,500 shares were sold. As a result of this transaction, Southwest Gas Holdings, Inc. now holds 47,245,950 shares worth roughly $3.55 billion.

Then, Southwest Gas Holdings, Inc. sold 13,207,142 shares, generating $231,124,985 in total proceeds. Upon selling the shares at $17.50, the 10% Owner now owns 58,458,450 shares.

Before that, Stefani Robert J sold 2,000 shares. Southwest Gas Holdings Inc shares valued at $145,100 were divested by the SVP/Chief Financial Officer at a price of $72.55 per share. As a result of the transaction, Stefani Robert J now holds 31,665 shares, worth roughly $2.38 million.

BofA Securities upgraded its Southwest Gas Holdings Inc [SWX] rating to a Neutral from a an Underperform in a research note published recently. A number of analysts have revised their coverage, including Jefferies’s analysts, who began to cover the stock in mid January with a ‘”a Hold”‘ rating.

Price Performance Review of SWX

On Tuesday, Southwest Gas Holdings Inc [NYSE:SWX] saw its stock fall -0.01% to $75.11. Over the last five days, the stock has gained 3.84%. Southwest Gas Holdings Inc shares have risen nearly 1.19% since the year began. Nevertheless, the stocks have risen 6.22% over the past one year. While a 52-week high of $80.29 was reached on 02/14/25, a 52-week low of $64.31 was recorded on 04/07/25.

Levels Of Support And Resistance For SWX Stock

The 24-hour chart illustrates a support level at 74.62, which if violated will result in even more drops to 74.13. On the upside, there is a resistance level at 75.50. A further resistance level may holdings at 75.88.

How much short interest is there in Southwest Gas Holdings Inc?

A steep rise in short interest was recorded in Southwest Gas Holdings Inc stocks on 2025-05-30, growing by 0.21 million shares to a total of 1.59 million shares. Yahoo Finance data shows the prior-month short interest on 2025-04-30 was 1.38 million shares. There was a rise of 13.27%, which implies that there is a positive sentiment for the stock.

Most Popular

Knox Daily
Privacy Overview

This website uses cookies so that we can provide you with the best user experience possible. Cookie information is stored in your browser and performs functions such as recognising you when you return to our website and helping our team to understand which sections of the website you find most interesting and useful.