Investors can expect a company’s stock to rise or fall based on the buying and selling of stock by its insiders. Hess Midstream LP shares valued at $553,729,977 were sold by BlackRock Portfolio Management on May 30 ’25. At $36.86 per share, BlackRock Portfolio Management sold 15,022,517 shares. The insider’s holdings dropped to 0 shares worth approximately $0.0 following the completion of this transaction.
Also, Gatling John A. sold 2,087 shares, netting a total of over 84,728 in proceeds. Following the sale of shares at $40.60 each, the insider now holds 62,457 shares.
Before that, Gatling John A. had added 2,087 shares to its account. In a trade valued at $84,190, the Officer bought Hess Midstream LP shares for $40.34 each.
As published in a research note from JP Morgan on March 08, 2024, Hess Midstream LP [HESM] has been rated down from an Overweight to a Neutral and the price target has been revised to $37. As of May 10, 2023, UBS has initiated its “Buy” rating for HESM. Earlier on April 21, 2023, Raymond James initiated its rating. Their recommendation was “an Outperform” for HESM stock.
Analyzing HESM Stock Performance
During the last five days, there has been a drop of approximately -1.65%. Over the course of the year, Hess Midstream LP shares have jumped approximately 1.43%. Shares of the company reached a 52-week high of $44.05 on 03/19/25 and a 52-week low of $33.59 on 04/09/25.
Support And Resistance Levels for Hess Midstream LP (HESM)
According to the 24-hour chart, there is a support level at 37.20, which, if violated, would cause prices to drop to 36.83. In the upper region, resistance lies at 38.17. The next price resistance is at 38.77. RSI (Relative Strength Index) is 46.51 on the 14-day chart, showing neutral technical sentiment.
