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Keeping an Eye on Hartford Insurance Group Inc.(The) (HIG) After Insider Trading Activity

Hartford Insurance Group Inc.(The)’s recent filing unveils that its President TOOKER ADIN M unloaded Company’s shares for reported $1.53 million on Feb 18 ’25. In the deal valued at $112.60 per share,13,596 shares were sold. As a result of this transaction, TOOKER ADIN M now holds 36,817 shares worth roughly $4.41 million.

Then, TOOKER ADIN M bought 13,596 shares, generating $1,526,967 in total proceeds.

Before that, Bennett Jonathan R bought 24,094 shares. Hartford Insurance Group Inc.(The) shares valued at $2,883,132 were divested by the Officer at a price of $119.66 per share.

Barclays upgraded its Hartford Insurance Group Inc.(The) [HIG] rating to an Overweight from a an Equal weight in a research note published on January 06, 2025; the price target was increased to $135 from $130. A number of analysts have revised their coverage, including BofA Securities’s analysts, who decreased its forecast for the stock in early October from “a Buy” to “a Neutral”. Barclays began covering HIG with “an Equal weight” recommendation on September 05, 2024. Citigroup revised its rating on June 28, 2024. It rated HIG as “a Neutral” which previously was an “a Buy”.

Price Performance Review of HIG

On Monday, Hartford Insurance Group Inc.(The) [NYSE:HIG] saw its stock jump 1.26% to $119.77. Over the last five days, the stock has gained 5.23%. Hartford Insurance Group Inc.(The) shares have risen nearly 9.48% since the year began. Nevertheless, the stocks have risen 25.27% over the past one year. While a 52-week high of $124.90 was reached on 03/03/25, a 52-week low of $94.32 was recorded on 01/10/25. SMA at 50 days reached $111.70, while 200 days put it at $110.88.

Levels Of Support And Resistance For HIG Stock

The 24-hour chart illustrates a support level at 118.60, which if violated will result in even more drops to 117.44. On the upside, there is a resistance level at 120.54. A further resistance level may holdings at 121.32. The Relative Strength Index (RSI) on the 14-day chart is 70.41, which indicates overbought technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 4.38, which suggests price will go up in the next trading period. Percent R suggests that price movement has been bullish at 3.76%. Stochastics %K at 92.63% indicates the stock is a selling.

The most recent change occurred on January 10, 2024 when TD Cowen began covering the stock and recommended ‘”an Outperform”‘ rating along with a $132 price target.

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