KD Logo

The Attractiveness of Investing In Hartford Financial Services Group Inc (HIG) is Growing

Hartford Financial Services Group Inc’s filing revealed that its Executive Vice President Rodden Lori A unloaded Company’s shares for reported $0.43 million on Jul 31 ’24. In the deal valued at $111.16 per share,3,855 shares were sold. As a result of this transaction, Rodden Lori A now holds 11,072 shares worth roughly $1.23 million.

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

Then, Paiano Robert W sold 13,185 shares, generating $1,462,780 in total proceeds. Upon selling the shares at $110.94, the EVP & Chief Risk Officer now owns 25,071 shares.

Before that, Paiano Robert W bought 13,185 shares. Hartford Financial Services Group Inc shares valued at $1,462,781 were divested by the Officer at a price of $110.94 per share.

BofA Securities downgraded its Hartford Financial Services Group Inc [HIG] rating to a Neutral from a a Buy in a research note published on October 04, 2024; the price target was increased to $121 from $113. A number of analysts have revised their coverage, including Barclays’s analysts, who began to cover the stock in early September with a ‘”an Equal weight”‘ rating. Citigroup also remained covering HIG and has decreased its forecast on June 28, 2024 with a “Neutral” recommendation from previously “Buy” rating. TD Cowen started covering the stock on January 10, 2024. It rated HIG as “an Outperform”.

Price Performance Review of HIG

On Monday, Hartford Financial Services Group Inc [NYSE:HIG] saw its stock jump 0.97% to $111.16. Over the last five days, the stock has lost -1.97%. Hartford Financial Services Group Inc shares have risen nearly 38.29% since the year began. Nevertheless, the stocks have risen 50.99% over the past one year. While a 52-week high of $123.23 was reached on 10/17/24, a 52-week low of $72.87 was recorded on 01/02/24. SMA at 50 days reached $116.23, while 200 days put it at $103.87.

Levels Of Support And Resistance For HIG Stock

The 24-hour chart illustrates a support level at 110.41, which if violated will result in even more drops to 109.66. On the upside, there is a resistance level at 111.56. A further resistance level may holdings at 111.96. The Relative Strength Index (RSI) on the 14-day chart is 37.29, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -5.68, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 90.75%. Stochastics %K at 3.59% indicates the stock is a buying.

How much short interest is there in Hartford Financial Services Group Inc?

A steep rise in short interest was recorded in Hartford Financial Services Group Inc stocks on 2024-10-15, dropping by -0.43 million shares to a total of 3.25 million shares. Yahoo Finance data shows the prior-month short interest on 2024-09-13 was 3.68 million shares. There was a decline of -13.25%, which implies that there is a negative sentiment for the stock.

Most Popular