South Bow Corp’s recent filing unveils that its President and CEO Bevin Wirzba acquired Company’s shares for reported $3.62 million on Mar 13 ’25. In the deal valued at $25.68 per share,140,836 shares were bought.
Then, Richard Prior bought 56,546 shares, generating $2,035,658 in total proceeds.
Before that, Bevin Wirzba bought 321,899 shares. South Bow Corp shares valued at $11,424,196 were divested by the President and CEO at a price of $35.49 per share.
JP Morgan initiated its South Bow Corp [SOBO] rating to a Neutral in a research note published on March 28, 2025; the price target was $28. A number of analysts have revised their coverage, including Wolfe Research’s analysts, who decreased its forecast for the stock in early March from “an Outperform” to “a Peer perform”. CIBC also remained covering SOBO and has decreased its forecast on March 07, 2025 with a “Neutral” recommendation from previously “Sector outperform” rating. TD Securities started covering the stock on January 15, 2025. It rated SOBO as “a Hold”.
Price Performance Review of SOBO
On Tuesday, South Bow Corp [NYSE:SOBO] saw its stock jump 0.48% to $25.27. Over the last five days, the stock has lost -0.28%. South Bow Corp shares have risen nearly 7.21% since the year began.
Levels Of Support And Resistance For SOBO Stock
The 24-hour chart illustrates a support level at 25.12, which if violated will result in even more drops to 24.97. On the upside, there is a resistance level at 25.48. A further resistance level may holdings at 25.70. The Relative Strength Index (RSI) on the 14-day chart is 52.36, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 0.04, which suggests price will go down in the next trading period. Percent R suggests that price movement has been low at 58.79%. Stochastics %K at 45.59% indicates the stock is a holding.
The most recent change occurred on October 25, 2024 when Morgan Stanley began covering the stock and recommended ‘”an Underweight”‘ rating .
