Keeping an Eye on Noble Corp Plc (NE) After Insider Trading Activity

Noble Corp Plc’s filing revealed that its SVP, Gen. Counsel & Corp. Sec. Howard Jennie unloaded Company’s shares for reported $19521.0 on Apr 01 ’25. In the deal valued at $24.16 per share,808 shares were sold. As a result of this transaction, Howard Jennie now holds 8,580 shares worth roughly $0.23 million.

Then, Hirshberg Al J. bought 5,000 shares, generating $115,000 in total proceeds. Upon buying the shares at $23.00, the Director now owns 5,000 shares.

Before that, Hirshberg Al J. bought 5,000 shares. Noble Corp Plc shares valued at $115,000 were divested by the Director at a price of $23.00 per share. As a result of the transaction, Hirshberg Al J. now holds 29,130 shares, worth roughly $0.78 million.

Citigroup downgraded its Noble Corp Plc [NE] rating to a Neutral from a a Buy in a research note published recently. A number of analysts have revised their coverage, including JP Morgan’s analysts, who increased its forecast for the stock in late May from “a Neutral” to “an Overweight”. Evercore ISI also remained covering NE and has decreased its forecast on January 15, 2025 with a “an In-line” recommendation from previously “an Outperform” rating. JP Morgan started covering the stock on December 06, 2024. It rated NE as “a Neutral”.

Price Performance Review of NE

On Friday, Noble Corp Plc [NYSE:NE] saw its stock jump 0.71% to $26.78. Over the last five days, the stock has gained 4.20%. Noble Corp Plc shares have fallen nearly -32.46% since the year began. Nevertheless, the stocks have fallen -14.71% over the past one year.

How much short interest is there in Noble Corp Plc?

A steep rise in short interest was recorded in Noble Corp Plc stocks on 2025-07-15, dropping by -2.16 million shares to a total of 8.92 million shares. Yahoo Finance data shows the prior-month short interest on 2025-06-13 was 11.08 million shares. There was a decline of -24.27%, which implies that there is a negative sentiment for the stock.

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