Investors can speculate about the future of a stock by watching how its insiders buy and sell stocks. Targa Resources Corp shares valued at $3,232,841 were sold by Pryor D. Scott on May 08 ’25. At $161.64 per share, Pryor D. Scott sold 20,000 shares. The insider’s holdings dropped to 62,139 shares worth approximately $10.34 million following the completion of this transaction.
Before that, Pryor D. Scott had added 20,000 shares to its account. In a trade valued at $3,234,933, the Officer bought Targa Resources Corp shares for $161.75 each.
As published in their initiating research note from TD Cowen on July 07, 2025, Targa Resources Corp [TRGP] has been a Hold and the price target has been revised to $192.
Analyzing TRGP Stock Performance
On last trading session, Targa Resources Corp [NYSE: TRGP] plunged -0.57% to $166.41. The stock’s lowest price that day was $165.49, but it reached a high of $169.2 in the same session. During the last five days, there has been a surge of approximately 0.46%. Over the course of the year, Targa Resources Corp shares have jumped approximately 25.11%. Shares of the company reached a 52-week high of $218.51 on 01/22/25 and a 52-week low of $150.00 on 04/07/25.
Support And Resistance Levels for Targa Resources Corp (TRGP)
According to the 24-hour chart, there is a support level at 164.87, which, if violated, would cause prices to drop to 163.32. In the upper region, resistance lies at 168.58. The next price resistance is at 170.74. RSI (Relative Strength Index) is 46.96 on the 14-day chart, showing neutral technical sentiment.
Is Targa Resources Corp subject to short interest?
Stocks of Targa Resources Corp saw a sharp steep in short interest on 2025-07-15 dropping by -0.33 million shares to 4.21 million. Data from Yahoo Finance shows that the short interest on 2025-06-13 was 4.54 million shares. A decline of -7.85% in short interest reflects a positive sentiment towards the stock. Despite the fact that short shares comprise just 2.65 of the overall float, the days-to-cover ratio (short ratio) decline to 2.65.
Which companies own the most shares of Targa Resources Corp (TRGP)?
In terms of Targa Resources Corp share price expectations, FactSet research, analysts set an average price target of 208.5 in the next 12 months, up nearly 24.57% from the previous closing price of $167.37. Analysts anticipate Targa Resources Corp stock to reach 244 by 2025, with the lowest price target being 193. In spite of this, 9 analysts ranked Targa Resources Corp stock as Buy at the end of 2025. On March 02, 2023, Scotiabank assigned a price target of “a Sector outperform” to the stock and initiated coverage with a $115.
