Investors can speculate about the future of a stock by watching how its insiders buy and sell stocks. Cigna Group shares valued at $735,235 were purchased by Triplett Michael W on Feb 03 ’25. At $293.39 per share, Triplett Michael W acquired 2,506 shares.
Also, DeLaney William J III sold 2,691 shares, netting a total of over 922,152 in proceeds. Following the sale of shares at $342.68 each, the insider now holds 17,539 shares.
Before that, DeLaney William J III had added 2,691 shares to its account. In a trade valued at $922,152, the Director bought Cigna Group shares for $342.68 each.
As published in a research note from Bernstein on February 06, 2025, Cigna Group [CI] has been rated down from an Outperform to a Mkt perform and the price target has been revised to $323. Analysts at Piper Sandler started covering the stock with ‘”an Overweight”‘ outlook in a report released in late June. As of May 30, 2024, Robert W. Baird has initiated its “an Outperform” rating for CI. Earlier on March 06, 2024, Barclays initiated its rating. Their recommendation was “an Overweight” for CI stock.
Analyzing CI Stock Performance
During the last five days, there has been a surge of approximately 0.67%. Over the course of the year, Cigna Group shares have jumped approximately 7.64%. Shares of the company reached a 52-week high of $308.64 on 01/28/25 and a 52-week low of $268.99 on 01/30/25. A 50-day SMA is recorded $288.75, while a 200-day SMA reached $326.26. Nevertheless, trading volume fell to 1.73 million shares from 1.79 million shares the previous day.
Support And Resistance Levels for Cigna Group (CI)
According to the 24-hour chart, there is a support level at 293.82, which, if violated, would cause prices to drop to 290.42. In the upper region, resistance lies at 300.13. The next price resistance is at 303.04. RSI (Relative Strength Index) is 54.10 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at 2.39, which suggests the price will increase in the coming days. Percent R is at 16.89%, indicating bullish price movement. Stochastics %K at holding indicates that the stock is to be held.
