In a filing, Constellation Energy Corporation revealed its SVP & Controller Bauer Matthew N unloaded Company’s shares for reported $1.24 million on Feb 20 ’25. In the deal valued at $310.40 per share,4,000 shares were sold. As a result of this transaction, Bauer Matthew N now holds 6,587 shares worth roughly $2.06 million.
Then, MATTHEW BAUER bought 4,000 shares, generating $1,241,581 in total proceeds.
Citigroup upgraded its Constellation Energy Corporation [CEG] rating to a Buy from a a Neutral in a research note published recently. A number of analysts have revised their coverage, including BofA Securities’s analysts, who increased its forecast for the stock in mid December from “a Neutral” to “a Buy”. JP Morgan began covering CEG with “an Overweight” recommendation on October 17, 2024. Citigroup started covering the stock on October 15, 2024. It rated CEG as “a Neutral”.
Price Performance Review of CEG
On Tuesday, Constellation Energy Corporation [NASDAQ:CEG] saw its stock fall -0.13% to $313.03. Over the last five days, the stock has gained 1.28%. Constellation Energy Corporation shares have risen nearly 39.93% since the year began. Nevertheless, the stocks have risen 39.15% over the past one year. While a 52-week high of $352.00 was reached on 01/23/25, a 52-week low of $155.60 was recorded on 04/07/25. SMA at 50 days reached $243.71, while 200 days put it at $247.54.
Levels Of Support And Resistance For CEG Stock
The 24-hour chart illustrates a support level at 301.02, which if violated will result in even more drops to 289.01. On the upside, there is a resistance level at 333.52. A further resistance level may holdings at 354.01. The Relative Strength Index (RSI) on the 14-day chart is 73.05, which indicates overbought technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 12.35, which suggests price will go up in the next trading period. Percent R suggests that price movement has been low at 48.28%. Stochastics %K at 75.01% indicates the stock is a holding.
How much short interest is there in Constellation Energy Corporation?
A steep rise in short interest was recorded in Constellation Energy Corporation stocks on 2025-05-15, dropping by -2.33 million shares to a total of 8.14 million shares. Yahoo Finance data shows the prior-month short interest on 2025-04-15 was 10.47 million shares. There was a decline of -28.61%, which implies that there is a negative sentiment for the stock.
The most recent change occurred on September 13, 2024 when Jefferies began covering the stock and recommended ‘”a Hold”‘ rating along with a $186 price target.
