Jackson Financial Inc’s filing revealed that its EVP and General Counsel Chelko Carrie unloaded Company’s shares for reported $0.5 million on Sep 19 ’24. In the deal valued at $91.31 per share,5,500 shares were sold. As a result of this transaction, Chelko Carrie now holds 61,829 shares worth roughly $6.07 million.
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Then, Romine Scott sold 10,000 shares, generating $825,200 in total proceeds. Upon selling the shares at $82.52, the President and CEO, JNLD now owns 62,592 shares.
Before that, Noles Russell G bought 700 shares. Jackson Financial Inc shares valued at $58,996 were divested by the Director at a price of $84.28 per share. As a result of the transaction, Noles Russell G now holds 30,666 shares, worth roughly $3.01 million.
Barclays initiated its Jackson Financial Inc [JXN] rating to an Overweight in a research note published on September 05, 2024; the price target was $109. A number of analysts have revised their coverage, including Keefe Bruyette’s analysts, who decreased its forecast for the stock in mid May from “an Outperform” to “a Mkt perform”. Keefe Bruyette also remained covering JXN and has increased its forecast on February 28, 2024 with a “an Outperform” recommendation from previously “Mkt perform” rating. Jefferies revised its rating on January 02, 2024. It rated JXN as “a Hold” which previously was an “a Buy”.
Price Performance Review of JXN
On Monday, Jackson Financial Inc [NYSE:JXN] saw its stock fall -0.12% to $98.20. Over the last five days, the stock has lost -3.12%. Jackson Financial Inc shares have risen nearly 91.80% since the year began. Nevertheless, the stocks have risen 148.23% over the past one year. While a 52-week high of $104.05 was reached on 10/30/24, a 52-week low of $37.74 was recorded on 01/17/24. SMA at 50 days reached $92.25, while 200 days put it at $74.80.
Levels Of Support And Resistance For JXN Stock
The 24-hour chart illustrates a support level at 97.42, which if violated will result in even more drops to 96.65. On the upside, there is a resistance level at 99.14. A further resistance level may holdings at 100.08. The Relative Strength Index (RSI) on the 14-day chart is 53.27, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -0.70, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 76.67%. Stochastics %K at 31.50% indicates the stock is a holding.
How much short interest is there in Jackson Financial Inc?
A steep rise in short interest was recorded in Jackson Financial Inc stocks on 2024-10-15, dropping by -0.35 million shares to a total of 3.14 million shares. Yahoo Finance data shows the prior-month short interest on 2024-09-13 was 3.48 million shares. There was a decline of -11.04%, which implies that there is a negative sentiment for the stock.
The most recent change occurred on January 26, 2022 when Jefferies began covering the stock and recommended ‘”a Buy”‘ rating along with a $52 price target.
