Investors can speculate about the future of a stock by watching how its insiders buy and sell stocks. Oge Energy Corp shares valued at $302,841 were sold by SULTEMEIER WILLIAM H on May 06 ’25. At $45.54 per share, SULTEMEIER WILLIAM H sold 6,650 shares. The insider’s holdings dropped to 72,548 shares worth approximately $3.11 million following the completion of this transaction.
Also, SULTEMEIER WILLIAM H purchased 6,650 shares, netting a total of over 300,403 in proceeds.
Before that, Cristina F McQuistion had added 3,951 shares to its account. In a trade valued at $182,104, the Officer bought Oge Energy Corp shares for $46.09 each.
As published in a research note from Argus on April 11, 2025, Oge Energy Corp [OGE] has been rated up from a Hold to a Buy. Analysts at Evercore ISI upgraded the stock from ‘”an In-line”‘ to ‘”an Outperform”‘ outlook in a report released in late January. As of September 20, 2024, Jefferies has initiated its “Buy” rating for OGE. Earlier on May 23, 2024, Argus downgraded its rating. Their new recommendation was “a Hold” for OGE stock which previously was a “a Buy”.
Analyzing OGE Stock Performance
During the last five days, there has been a drop of approximately -5.20%. Over the course of the year, Oge Energy Corp shares have jumped approximately 3.88%. Shares of the company reached a 52-week high of $46.91 on 04/03/25 and a 52-week low of $39.41 on 01/13/25. A 50-day SMA is recorded $44.64, while a 200-day SMA reached $42.23.
Support And Resistance Levels for Oge Energy Corp (OGE)
According to the 24-hour chart, there is a support level at 42.36, which, if violated, would cause prices to drop to 41.87. In the upper region, resistance lies at 43.22. The next price resistance is at 43.59. RSI (Relative Strength Index) is 35.06 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at -1.49, which suggests the price will decrease in the coming days. Percent R is at 86.88%, indicating bearish price movement. Stochastics %K at buying indicates that the stock is to be held.
