Investors can speculate about the future of a stock by watching how its insiders buy and sell stocks. Northern Oil and Gas Inc shares valued at $163,320 were purchased by Allen Chad W on Jun 02 ’25. At $27.22 per share, Allen Chad W acquired 6,000 shares.
Also, Dirlam Adam A. purchased 17,160 shares, netting a total of over 463,320 in proceeds.
Before that, O’GRADY NICHOLAS L. had added 1,000 shares to its account. In a trade valued at $27,480, the CEO bought Northern Oil and Gas Inc shares for $27.48 each. Upon closing the transaction, the insider’s holdings increased to 1,000 shares, worth approximately $6.38 million.
As published in a research note from CapitalOne on February 21, 2025, Northern Oil and Gas Inc [NOG] has been rated down from an Overweight to an Equal weight. Analysts at Mizuho downgraded the stock from ‘”an Outperform”‘ to ‘”a Neutral”‘ outlook in a report released in mid December. As of November 20, 2024, RBC Capital Mkts has decreased its “an Outperform” rating to a “Sector perform” for NOG.
Analyzing NOG Stock Performance
During the last five days, there has been a surge of approximately 3.26%. Over the course of the year, Northern Oil and Gas Inc shares have dropped approximately -24.09%. Shares of the company reached a 52-week high of $42.35 on 01/16/25 and a 52-week low of $19.88 on 04/09/25.
Support And Resistance Levels for Northern Oil and Gas Inc (NOG)
According to the 24-hour chart, there is a support level at 27.73, which, if violated, would cause prices to drop to 27.25. In the upper region, resistance lies at 29.14. The next price resistance is at 30.07. RSI (Relative Strength Index) is 56.72 on the 14-day chart, showing neutral technical sentiment.
