Recent Insider Activity Suggests Potential Gains for Targa Resources Corp (TRGP)

Targa Resources Corp’s recent filing unveils 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 $10.68 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.

TD Cowen initiated its Targa Resources Corp [TRGP] rating to a Hold in a research note published on July 07, 2025; the price target was $192.

Price Performance Review of TRGP

On Friday, Targa Resources Corp [NYSE:TRGP] saw its stock jump 0.68% to $171.9. Over the last five days, the stock has lost -0.93%. Targa Resources Corp shares have risen nearly 29.82% since the year began. Nevertheless, the stocks have fallen -3.70% over the past one year. While a 52-week high of $218.51 was reached on 01/22/25, a 52-week low of $122.56 was recorded on 04/07/25.

Levels Of Support And Resistance For TRGP Stock

The 24-hour chart illustrates a support level at 170.67, which if violated will result in even more drops to 169.43. On the upside, there is a resistance level at 172.86. A further resistance level may holdings at 173.81.

How much short interest is there in Targa Resources Corp?

A steep rise in short interest was recorded in Targa Resources Corp stocks on 2025-06-13, dropping by -0.17 million shares to a total of 4.54 million shares. Yahoo Finance data shows the prior-month short interest on 2025-05-15 was 4.71 million shares. There was a decline of -3.66%, which implies that there is a negative sentiment for the stock.

The most recent change occurred on March 02, 2023 when Scotiabank began covering the stock and recommended ‘”a Sector outperform”‘ rating along with a $115 price target.

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