Cigna Group’s recent filing unveils that its Former Officer Triplett Michael W acquired Company’s shares for reported $0.74 million on Feb 03 ’25. In the deal valued at $293.39 per share,2,506 shares were bought.
Then, DeLaney William J III sold 2,691 shares, generating $922,152 in total proceeds. Upon selling the shares at $342.68, the Director now owns 17,539 shares.
Before that, DeLaney William J III bought 2,691 shares. Cigna Group shares valued at $922,152 were divested by the Director at a price of $342.68 per share.
Bernstein downgraded its Cigna Group [CI] rating to a Mkt perform from a an Outperform in a research note published recently. A number of analysts have revised their coverage, including Piper Sandler’s analysts, who began to cover the stock in late June with a ‘”an Overweight”‘ rating. Robert W. Baird began covering CI with “an Outperform” recommendation on May 30, 2024. Barclays started covering the stock on March 06, 2024. It rated CI as “an Overweight”.
Price Performance Review of CI
On Tuesday, Cigna Group [NYSE:CI] saw its stock jump 0.83% to $295.24. Over the last five days, the stock has gained 1.30%. Cigna Group shares have risen nearly 6.92% since the year began. Nevertheless, the stocks have fallen -11.15% over the past one year. While a 52-week high of $370.83 was reached on 01/28/25, a 52-week low of $262.03 was recorded on 01/30/25. SMA at 50 days reached $292.74, while 200 days put it at $327.77.
Levels Of Support And Resistance For CI Stock
The 24-hour chart illustrates a support level at 292.09, which if violated will result in even more drops to 288.94. On the upside, there is a resistance level at 297.00. A further resistance level may holdings at 298.76. The Relative Strength Index (RSI) on the 14-day chart is 53.46, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -2.47, which suggests price will go down in the next trading period. Percent R suggests that price movement has been low at 33.80%. Stochastics %K at 57.00% indicates the stock is a holding.
How much short interest is there in Cigna Group?
A steep rise in short interest was recorded in Cigna Group stocks on 2025-01-15, dropping by -0.45 million shares to a total of 4.16 million shares. Yahoo Finance data shows the prior-month short interest on 2024-12-13 was 4.61 million shares. There was a decline of -10.76%, which implies that there is a negative sentiment for the stock.
