Investors can speculate about the future of a stock by watching how its insiders buy and sell stocks. CNA Financial Corp. shares valued at $938,107 were sold by James Mark Steven on Sep 16 ’24. At $50.58 per share, James Mark Steven sold 18,547 shares. The insider’s holdings dropped to 22,917 shares worth approximately $1.12 million following the completion of this transaction.
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
Also, James Mark Steven purchased 18,547 shares, netting a total of over 927,350 in proceeds.
Before that, Aguinaga Elizabeth Ann had sold 26,160 shares from its account. In a trade valued at $1,297,536, the EVP, Chief HR Officer traded CNA Financial Corp. shares for $49.60 each. Upon closing the transaction, the insider’s holdings decreased to 26,160 shares, worth approximately $2.33 million.
As published in a research note from BofA Securities on February 06, 2024, CNA Financial Corp. [CNA] has been rated down from a Neutral to an Underperform and the price target has been revised to $43 from $39. Analysts at Keefe Bruyette downgraded the stock from ‘”an Outperform”‘ to ‘”a Mkt perform”‘ outlook in a report released in mid July. As of May 03, 2023, BofA Securities has increased its “an Underperform” rating to a “Neutral” for CNA. Earlier on February 19, 2021, Keefe Bruyette upgraded its rating. Their new recommendation was “an Outperform” for CNA stock which previously was a “a Mkt perform”.
Analyzing CNA Stock Performance
During the last five days, there has been a drop of approximately -2.69%. Over the course of the year, CNA Financial Corp. shares have jumped approximately 20.57%. Shares of the company reached a 52-week high of $52.36 on 09/03/24 and a 52-week low of $41.64 on 01/11/24. A 50-day SMA is recorded $49.55, while a 200-day SMA reached $45.53. Nevertheless, trading volume fell to 0.57 million shares from 0.23 million shares the previous day.
Support And Resistance Levels for CNA Financial Corp. (CNA)
According to the 24-hour chart, there is a support level at 48.49, which, if violated, would cause prices to drop to 48.14. In the upper region, resistance lies at 49.14. The next price resistance is at 49.44. RSI (Relative Strength Index) is 43.38 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at -1.09, which suggests the price will decrease in the coming days. Percent R is at 82.03%, indicating bearish price movement. Stochastics %K at buying indicates that the stock is to be held.
