The buying and selling of stock by a company’s insider give investors a sense that the stock will rise or fall in the future. Cincinnati Financial Corp shares valued at $136,160 were purchased by Benacci Nancy Cunningham on Feb 21 ’25. At $136.16 per share, Benacci Nancy Cunningham acquired 1,000 shares. The insider’s holdings grew to 6,653 shares worth approximately $0.93 million following the completion of this transaction.
Also, Debbink Dirk J purchased 1,000 shares, netting a total of over 157,188 in proceeds. Following the buying of shares at $157.19 each, the insider now holds 54,500 shares.
Before that, Schiff Charles Odell had sold 6,000 shares from its account. In a trade valued at $782,623, the Director traded Cincinnati Financial Corp shares for $130.44 each. Upon closing the transaction, the insider’s holdings decreased to 6,000 shares, worth approximately $25.87 million.
As published in a research note from Citigroup on June 28, 2024, Cincinnati Financial Corp [CINF] has been rated up from a Neutral to a Buy and the price target has been revised to $135 from $126. Analysts at BMO Capital Markets upgraded the stock from ‘”a Market perform”‘ to ‘”an Outperform”‘ outlook in a report released in late March. As of December 14, 2023, Janney has initiated its “Neutral” rating for CINF. Earlier on November 22, 2023, Citigroup initiated its rating. Their recommendation was “a Neutral” for CINF stock.
Analyzing CINF Stock Performance
During the last five days, there has been a surge of approximately 2.75%. Over the course of the year, Cincinnati Financial Corp shares have dropped approximately -2.45%. Shares of the company reached a 52-week high of $145.14 on 02/11/25 and a 52-week low of $132.24 on 02/12/25. A 50-day SMA is recorded $140.38, while a 200-day SMA reached $134.06. Nevertheless, trading volume fell to 0.67 million shares from 0.85 million shares the previous day.
Support And Resistance Levels for Cincinnati Financial Corp (CINF)
According to the 24-hour chart, there is a support level at 139.38, which, if violated, would cause prices to drop to 138.58. In the upper region, resistance lies at 141.05. The next price resistance is at 141.92. RSI (Relative Strength Index) is 54.66 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at 2.02, which suggests the price will increase in the coming days. Percent R is at 38.46%, indicating low price movement. Stochastics %K at holding indicates that the stock is to be held.
