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Hartford Insurance Group Inc.(The) [HIG] Records 50-Day SMA of $111.35

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Investors can speculate about the future of a stock by watching how its insiders buy and sell stocks. Hartford Insurance Group Inc.(The) shares valued at $1,530,912 were sold by TOOKER ADIN M on Feb 18 ’25. At $112.60 per share, TOOKER ADIN M sold 13,596 shares. The insider’s holdings dropped to 36,817 shares worth approximately $4.14 million following the completion of this transaction.

Also, TOOKER ADIN M purchased 13,596 shares, netting a total of over 1,526,967 in proceeds.

Before that, Bennett Jonathan R had added 24,094 shares to its account. In a trade valued at $2,883,132, the Officer bought Hartford Insurance Group Inc.(The) shares for $119.66 each.

As published in a research note from Barclays on January 06, 2025, Hartford Insurance Group Inc.(The) [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 1.05%. Over the course of the year, Hartford Insurance Group Inc.(The) shares have jumped approximately 2.71%. 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 $111.35, while a 200-day SMA reached $110.31. Nevertheless, trading volume fell to 1.14 million shares from 1.66 million shares the previous day.

Support And Resistance Levels for Hartford Insurance Group Inc.(The) (HIG)

According to the 24-hour chart, there is a support level at 111.38, which, if violated, would cause prices to drop to 110.39. In the upper region, resistance lies at 113.03. The next price resistance is at 113.68. RSI (Relative Strength Index) is 50.73 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at 0.32, which suggests the price will decrease in the coming days. Percent R is at 24.29%, indicating bullish price movement. Stochastics %K at holding indicates that the stock is to be held.

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