The buying and selling of stock by a company’s insider give investors a sense that the stock will rise or fall in the future. Citizens, Inc shares valued at $35,683 were purchased by Stenberg Jon on Sep 16 ’24. At $2.99 per share, Stenberg Jon acquired 11,934 shares. The insider’s holdings grew to 89,464 shares worth approximately $0.38 million following the completion of this transaction.
Also, Stenberg Jon purchased 95 shares, netting a total of over 284 in proceeds. Following the buying of shares at $2.99 each, the insider now holds 77,530 shares.
Before that, Stenberg Jon had added 12,558 shares to its account. In a trade valued at $37,161, the President & CEO bought Citizens, Inc shares for $2.96 each. Upon closing the transaction, the insider’s holdings increased to 12,558 shares, worth approximately $76057.06.
As published in their initiating research note from KeyBanc Capital Mkts on April 10, 2008, Citizens, Inc [CIA] has been a Buy and the price target has been revised to $8.50. Analysts at Oppenheimer started covering the stock with ‘”a Buy”‘ outlook in a report released in mid January.
Analyzing CIA Stock Performance
During the last five days, there has been a surge of approximately 5.24%. Over the course of the year, Citizens, Inc shares have jumped approximately 5.24%. Shares of the company reached a 52-week high of $4.86 on 01/06/25 and a 52-week low of $4.00 on 01/08/25. A 50-day SMA is recorded $4.41, while a 200-day SMA reached $3.31. Nevertheless, trading volume fell to 71946.0 shares from 96300.0 shares the previous day.
Support And Resistance Levels for Citizens, Inc (CIA)
According to the 24-hour chart, there is a support level at 4.05, which, if violated, would cause prices to drop to 3.88. In the upper region, resistance lies at 4.35. The next price resistance is at 4.47. RSI (Relative Strength Index) is 50.16 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at 0.20, which suggests the price will decrease in the coming days. Percent R is at 57.66%, indicating low price movement. Stochastics %K at holding indicates that the stock is to be held.