Everest Group Ltd’s filing revealed that its EVP, Chief Operating Officer WILLIAMSON JAMES ALLAN unloaded Company’s shares for reported $74000.0 on Nov 14 ’24. In the deal valued at $370.00 per share,200 shares were sold. As a result of this transaction, WILLIAMSON JAMES ALLAN now holds 15,009 shares worth roughly $5.3 million.
Then, WILLIAMSON JAMES ALLAN bought 200 shares, generating $74,000 in total proceeds.
Before that, GALTNEY WILLIAM F JR bought 2,870 shares. Everest Group Ltd shares valued at $1,000,595 were divested by the Director at a price of $348.64 per share. As a result of the transaction, GALTNEY WILLIAM F JR now holds 32,822 shares, worth roughly $11.59 million.
Morgan Stanley downgraded its Everest Group Ltd [EG] rating to an Equal-weight from a an Overweight in a research note published on February 05, 2025; the price target was decreased to $340 from $425. A number of analysts have revised their coverage, including BMO Capital Markets’s analysts, who decreased its forecast for the stock in late January from “an Outperform” to “a Market perform”. BMO Capital Markets also remained covering EG and has increased its forecast on January 10, 2025 with a “an Outperform” recommendation from previously “Market perform” rating. Jefferies revised its rating on November 26, 2024. It rated EG as “a Hold” which previously was an “a Buy”.
Price Performance Review of EG
On Friday, Everest Group Ltd [NYSE:EG] saw its stock jump 1.67% to $353.22. Over the last five days, the stock has gained 4.77%. Everest Group Ltd shares have fallen nearly -2.55% since the year began. Nevertheless, the stocks have fallen -3.94% over the past one year. While a 52-week high of $407.30 was reached on 01/27/25, a 52-week low of $327.37 was recorded on 02/11/25. SMA at 50 days reached $352.05, while 200 days put it at $373.26.
Levels Of Support And Resistance For EG Stock
The 24-hour chart illustrates a support level at 349.92, which if violated will result in even more drops to 346.61. On the upside, there is a resistance level at 355.11. A further resistance level may holdings at 356.99. The Relative Strength Index (RSI) on the 14-day chart is 58.81, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 9.00, which suggests price will go up in the next trading period. Percent R suggests that price movement has been bullish at 1.79%. Stochastics %K at 90.81% indicates the stock is a selling.
The most recent change occurred on September 05, 2024 when Barclays began covering the stock and recommended ‘”an Overweight”‘ rating along with a $527 price target.
