Hartford Financial Services Group Inc’s filing revealed that its Officer Bennett Jonathan R acquired Company’s shares for reported $2.88 million on Nov 21 ’24. In the deal valued at $119.66 per share,24,094 shares were bought.
Then, TOOKER ADIN M sold 6,865 shares, generating $803,479 in total proceeds. Upon selling the shares at $117.04, the EVP now owns 25,820 shares.
Before that, TOOKER ADIN M bought 6,865 shares. Hartford Financial Services Group Inc shares valued at $803,479 were divested by the Officer at a price of $117.04 per share.
Barclays upgraded its Hartford Financial Services Group Inc [HIG] rating to an Overweight from a an Equal weight in a research note published on January 06, 2025; the price target was increased to $135 from $130. A number of analysts have revised their coverage, including BofA Securities’s analysts, who decreased its forecast for the stock in early October from “a Buy” to “a Neutral”. Barclays began covering HIG with “an Equal weight” recommendation on September 05, 2024. Citigroup revised its rating on June 28, 2024. It rated HIG as “a Neutral” which previously was an “a Buy”.
Price Performance Review of HIG
On Tuesday, Hartford Financial Services Group Inc [NYSE:HIG] saw its stock jump 0.05% to $111.99. Over the last five days, the stock has gained 4.20%. Hartford Financial Services Group Inc shares have risen nearly 2.37% since the year began. Nevertheless, the stocks have risen 34.94% over the past one year. While a 52-week high of $124.90 was reached on 01/17/25, a 52-week low of $81.87 was recorded on 01/10/25. SMA at 50 days reached $114.20, while 200 days put it at $108.85.
Levels Of Support And Resistance For HIG Stock
The 24-hour chart illustrates a support level at 111.27, which if violated will result in even more drops to 110.56. On the upside, there is a resistance level at 112.98. A further resistance level may holdings at 113.98. The Relative Strength Index (RSI) on the 14-day chart is 52.87, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 2.48, which suggests price will go up in the next trading period. Percent R suggests that price movement has been bullish at 16.75%. Stochastics %K at 82.78% indicates the stock is a selling.
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 2024-12-31, growing by 0.52 million shares to a total of 3.69 million shares. Yahoo Finance data shows the prior-month short interest on 2024-11-29 was 3.18 million shares. There was a rise of 14.05%, which implies that there is a positive sentiment for the stock.
The most recent change occurred on January 10, 2024 when TD Cowen began covering the stock and recommended ‘”an Outperform”‘ rating along with a $132 price target.
