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Checking in on Jackson Financial Inc (JXN) after recent insiders movement

Jackson Financial Inc’s filing revealed that its Director Durant Gregory T acquired Company’s shares for reported $0.14 million on Dec 11 ’24. In the deal valued at $90.28 per share,1,500 shares were bought. As a result of this transaction, Durant Gregory T now holds 32,023 shares worth roughly $2.89 million.

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Then, Ganguly Devkumar Dilip sold 10,000 shares, generating $1,110,600 in total proceeds. Upon selling the shares at $111.06, the EVP & Chief Operating Officer now owns 83,761 shares.

Before that, Chelko Carrie sold 5,500 shares. Jackson Financial Inc shares valued at $502,205 were divested by the EVP and General Counsel at a price of $91.31 per share. As a result of the transaction, Chelko Carrie now holds 61,829 shares, worth roughly $5.59 million.

Evercore ISI downgraded its Jackson Financial Inc [JXN] rating to an Underperform from a an In-line in a research note published on November 14, 2024; the price target was increased to $95 from $74. A number of analysts have revised their coverage, including Barclays’s analysts, who began to cover the stock in early September with a ‘”an Overweight”‘ rating. Keefe Bruyette also remained covering JXN and has decreased its forecast on May 14, 2024 with a “Mkt perform” recommendation from previously “an Outperform” rating. Keefe Bruyette revised its rating on February 28, 2024. It rated JXN as “an Outperform” which previously was an “a Mkt perform”.

Price Performance Review of JXN

On Tuesday, Jackson Financial Inc [NYSE:JXN] saw its stock fall -2.25% to $90.37. Over the last five days, the stock has gained 0.55%. Jackson Financial Inc shares have risen nearly 76.50% since the year began. Nevertheless, the stocks have risen 79.48% over the past one year. While a 52-week high of $115.22 was reached on 11/11/24, a 52-week low of $47.49 was recorded on 01/17/24. SMA at 50 days reached $99.85, while 200 days put it at $82.09.

Levels Of Support And Resistance For JXN Stock

The 24-hour chart illustrates a support level at 89.70, which if violated will result in even more drops to 89.03. On the upside, there is a resistance level at 91.65. A further resistance level may holdings at 92.93. The Relative Strength Index (RSI) on the 14-day chart is 34.77, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -3.99, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 92.36%. Stochastics %K at 15.24% indicates the stock is a buying.

How much short interest is there in Jackson Financial Inc?

A steep rise in short interest was recorded in Jackson Financial Inc stocks on 2024-11-29, growing by 0.3 million shares to a total of 3.33 million shares. Yahoo Finance data shows the prior-month short interest on 2024-10-31 was 3.02 million shares. There was a rise of 9.16%, which implies that there is a positive sentiment for the stock.

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