California Resources Corporation [CRC] Former Affiliate makes an insider purchase of 115,906 shares worth 5.55 million.

NUE

Investors can speculate about the future of a stock by watching how its insiders buy and sell stocks. California Resources Corporation shares valued at $5,548,420 were purchased by IKAV Energy Inc. on Aug 12 ’25. At $47.87 per share, IKAV Energy Inc. acquired 115,906 shares.

Also, SIMLOG Inc. purchased 279,737 shares, netting a total of over 13,391,010 in proceeds.

Before that, IKAV Impact S.a r.l. had added 1,023,681 shares to its account. In a trade valued at $49,003,609, the Former Affiliate bought California Resources Corporation shares for $47.87 each.

As published in a research note from JP Morgan on July 15, 2025, California Resources Corporation [CRC] has been rated up from a Neutral to an Overweight and the price target has been revised to $63. Analysts at Barclays upgraded the stock from ‘”an Equal weight”‘ to ‘”an Overweight”‘ outlook in a report released in late May. As of April 07, 2025, Citigroup has decreased its “Buy” rating to a “Neutral” for CRC. Earlier on January 13, 2025, Truist initiated its rating. Their recommendation was “a Buy” for CRC stock.

Analyzing CRC Stock Performance

On last trading session, California Resources Corporation [NYSE: CRC] rose 0.35% to $48.67. The stock’s lowest price that day was $48.16, but it reached a high of $49.08 in the same session. During the last five days, there has been a drop of approximately -0.25%. Over the course of the year, California Resources Corporation shares have jumped approximately 3.18%. Shares of the company reached a 52-week high of $55.06 on 01/22/25 and a 52-week low of $30.97 on 04/09/25.

Support And Resistance Levels for California Resources Corporation (CRC)

According to the 24-hour chart, there is a support level at 48.19, which, if violated, would cause prices to drop to 47.72. In the upper region, resistance lies at 49.11. The next price resistance is at 49.56. RSI (Relative Strength Index) is 53.67 on the 14-day chart, showing neutral technical sentiment.

Is California Resources Corporation subject to short interest?

Stocks of California Resources Corporation saw a sharp steep in short interest on 2025-07-31 dropping by -1.86 million shares to 2.94 million. Data from Yahoo Finance shows that the short interest on 2025-06-30 was 4.8 million shares. A decline of -63.32% in short interest reflects a positive sentiment towards the stock. Despite the fact that short shares comprise just 3.1 of the overall float, the days-to-cover ratio (short ratio) decline to 3.1.

Which companies own the most shares of California Resources Corporation (CRC)?

In terms of California Resources Corporation share price expectations, FactSet research, analysts set an average price target of 52.5 in the next 12 months, up nearly 8.25% from the previous closing price of $48.5. Analysts anticipate California Resources Corporation stock to reach 58 by 2025, with the lowest price target being 47. In spite of this, 5 analysts ranked California Resources Corporation stock as Buy at the end of 2025. On December 20, 2024, JP Morgan assigned a price target of “a Neutral” to the stock and initiated coverage with a $63.

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