Targa Resources Corp’s recently made public 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 $10.03 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 Tuesday, Targa Resources Corp [NYSE:TRGP] saw its stock jump 0.62% to $161.46. Over the last five days, the stock has lost -1.93%. Targa Resources Corp shares have fallen nearly -9.55% since the year began. Nevertheless, the stocks have risen 40.50% over the past one year. While a 52-week high of $218.51 was reached on 01/22/25, a 52-week low of $113.65 was recorded on 04/07/25. SMA at 50 days reached $175.32, while 200 days put it at $176.80.
Levels Of Support And Resistance For TRGP Stock
The 24-hour chart illustrates a support level at 160.15, which if violated will result in even more drops to 158.83. On the upside, there is a resistance level at 162.72. A further resistance level may holdings at 163.97. The Relative Strength Index (RSI) on the 14-day chart is 42.60, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -2.72, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 72.64%. Stochastics %K at 30.02% indicates the stock is a holding.
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.
