In a filing, New Jersey Resources Corporation revealed its Senior VP and COO, NJNG Migliaccio Patrick J. unloaded Company’s shares for reported $66330.0 on Jun 18 ’25. In the deal valued at $44.22 per share,1,500 shares were sold. As a result of this transaction, Migliaccio Patrick J. now holds 35,690 shares worth roughly $1.61 million.
Then, Bel Roberto sold 1,173 shares, generating $58,650 in total proceeds. Upon selling the shares at $50.00, the SVP and CFO now owns 22,649 shares.
Before that, Bel Roberto bought 1,173 shares. New Jersey Resources Corporation shares valued at $58,650 were divested by the Officer at a price of $50.00 per share.
Raymond James initiated its New Jersey Resources Corporation [NJR] rating to an Outperform in a research note published on June 13, 2025; the price target was $49. A number of analysts have revised their coverage, including Jefferies’s analysts, who began to cover the stock in early April with a ‘”a Hold”‘ rating. JP Morgan also remained covering NJR and has increased its forecast on December 12, 2024 with a “an Overweight” recommendation from previously “Neutral” rating. JP Morgan revised its rating on September 21, 2023. It rated NJR as “a Neutral” which previously was an “an Underweight”.
Price Performance Review of NJR
On Monday, New Jersey Resources Corporation [NYSE:NJR] saw its stock fall -0.42% to $45.19. Over the last five days, the stock has gained 1.14%. New Jersey Resources Corporation shares have risen nearly 5.88% since the year began. Nevertheless, the stocks have fallen -3.13% over the past one year. While a 52-week high of $51.94 was reached on 05/06/25, a 52-week low of $41.68 was recorded on 06/17/25.
Levels Of Support And Resistance For NJR Stock
The 24-hour chart illustrates a support level at 44.84, which if violated will result in even more drops to 44.48. On the upside, there is a resistance level at 45.68. A further resistance level may holdings at 46.16.
How much short interest is there in New Jersey Resources Corporation?
A steep rise in short interest was recorded in New Jersey Resources Corporation stocks on 2025-06-13, dropping by -0.35 million shares to a total of 2.31 million shares. Yahoo Finance data shows the prior-month short interest on 2025-05-15 was 2.67 million shares. There was a decline of -15.34%, which implies that there is a negative sentiment for the stock.
