Taking a Closer Look At Targa Resources Corp (TRGP) Following Its Recent Trade

Targa Resources Corp’s filing revealed that its insider Pryor D. Scott unloaded Company’s shares for reported $3.23 million on May 08 ’25. In the deal valued at $161.64 per share,20,000 shares were sold. As a result of this transaction, Pryor D. Scott now holds 62,139 shares worth roughly $10.78 million.

Then, Boushka Julie H. bought 2,000 shares, generating $323,891 in total proceeds.

Before that, Pryor D. Scott bought 20,000 shares. Targa Resources Corp shares valued at $3,234,933 were divested by the Officer at a price of $161.75 per share.

Scotiabank started covering the stock on March 02, 2023. It rated TRGP as “a Sector outperform”.

Price Performance Review of TRGP

On Thursday, Targa Resources Corp [NYSE:TRGP] saw its stock fall -0.15% to $173.52. Over the last five days, the stock has lost -1.32%. Targa Resources Corp shares have risen nearly 32.19% since the year began. Nevertheless, the stocks have fallen -2.79% over the past one year. While a 52-week high of $218.51 was reached on 01/22/25, a 52-week low of $122.56 was recorded on 04/07/25.

Levels Of Support And Resistance For TRGP Stock

The 24-hour chart illustrates a support level at 172.46, which if violated will result in even more drops to 171.40. On the upside, there is a resistance level at 174.88. A further resistance level may holdings at 176.23.

How much short interest is there in Targa Resources Corp?

A steep rise in short interest was recorded in Targa Resources Corp stocks on 2025-06-13, dropping by -0.17 million shares to a total of 4.54 million shares. Yahoo Finance data shows the prior-month short interest on 2025-05-15 was 4.71 million shares. There was a decline of -3.66%, which implies that there is a negative sentiment for the stock.

The most recent change occurred on December 09, 2022 when Citigroup began covering the stock and recommended ‘”a Buy”‘ rating along with a $95 price target.

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