Investors can expect a company’s stock to rise or fall based on the buying and selling of stock by its insiders. Hartford Financial Services Group Inc shares valued at $2,883,132 were purchased by Bennett Jonathan R on Nov 21 ’24. At $119.66 per share, Bennett Jonathan R acquired 24,094 shares.
Also, TOOKER ADIN M sold 6,865 shares, netting a total of over 803,479 in proceeds. Following the sale of shares at $117.04 each, the insider now holds 25,820 shares.
Before that, TOOKER ADIN M had added 6,865 shares to its account. In a trade valued at $803,479, the Officer bought Hartford Financial Services Group Inc shares for $117.04 each.
As published in a research note from Barclays on January 06, 2025, Hartford Financial Services Group Inc [HIG] has been rated up from an Equal weight to an Overweight and the price target has been revised to $135 from $130. Analysts at BofA Securities downgraded the stock from ‘”a Buy”‘ to ‘”a Neutral”‘ outlook in a report released in early October. As of September 05, 2024, Barclays has initiated its “an Equal weight” rating for HIG. Earlier on June 28, 2024, Citigroup downgraded its rating. Their new recommendation was “a Neutral” for HIG stock which previously was a “a Buy”.
Analyzing HIG Stock Performance
During the last five days, there has been a surge of approximately 0.10%. Over the course of the year, Hartford Financial Services Group Inc shares have jumped approximately 3.85%. Shares of the company reached a 52-week high of $114.89 on 01/29/25 and a 52-week low of $104.93 on 01/10/25. A 50-day SMA is recorded $113.18, while a 200-day SMA reached $109.60. Nevertheless, trading volume fell to 1.85 million shares from 2.19 million shares the previous day.
Support And Resistance Levels for Hartford Financial Services Group Inc (HIG)
According to the 24-hour chart, there is a support level at 112.62, which, if violated, would cause prices to drop to 111.62. In the upper region, resistance lies at 114.13. The next price resistance is at 114.64. RSI (Relative Strength Index) is 55.57 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at 0.10, which suggests the price will decrease in the coming days. Percent R is at 14.37%, indicating bullish price movement. Stochastics %K at holding indicates that the stock is to be held.
