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The Attractiveness of Investing In Jackson Financial Inc (JXN) is Growing

In a filing, Jackson Financial Inc revealed its CEO, Pres & CIO PPM America Smith Craig Donald unloaded Company’s shares for reported $0.3 million on Feb 24 ’25. In the deal valued at $82.89 per share,3,573 shares were sold. As a result of this transaction, Smith Craig Donald now holds 155,819 shares worth roughly $13.8 million.

Then, Durant Gregory T bought 1,500 shares, generating $135,420 in total proceeds. Upon buying the shares at $90.28, the Director now owns 32,023 shares.

Before that, Ganguly Devkumar Dilip sold 10,000 shares. Jackson Financial Inc shares valued at $1,110,600 were divested by the EVP & Chief Operating Officer at a price of $111.06 per share. As a result of the transaction, Ganguly Devkumar Dilip now holds 83,761 shares, worth roughly $7.42 million.

Evercore ISI downgraded its Jackson Financial Inc [JXN] rating to an Underperform from a an In-line in a research note published on November 14, 2024; the price target was increased to $95 from $74. A number of analysts have revised their coverage, including Barclays’s analysts, who began to cover the stock in early September with a ‘”an Overweight”‘ rating. Keefe Bruyette also remained covering JXN and has decreased its forecast on May 14, 2024 with a “Mkt perform” recommendation from previously “an Outperform” rating. Keefe Bruyette revised its rating on February 28, 2024. It rated JXN as “an Outperform” which previously was an “a Mkt perform”.

Price Performance Review of JXN

On Monday, Jackson Financial Inc [NYSE:JXN] saw its stock fall -3.34% to $88.57. Over the last five days, the stock has gained 5.92%. Jackson Financial Inc shares have risen nearly 1.71% since the year began. Nevertheless, the stocks have risen 60.80% over the past one year. While a 52-week high of $115.22 was reached on 01/28/25, a 52-week low of $54.47 was recorded on 02/21/25. SMA at 50 days reached $90.52, while 200 days put it at $88.07.

Levels Of Support And Resistance For JXN Stock

The 24-hour chart illustrates a support level at 86.21, which if violated will result in even more drops to 83.86. On the upside, there is a resistance level at 92.53. A further resistance level may holdings at 96.50. The Relative Strength Index (RSI) on the 14-day chart is 46.78, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -0.11, which suggests price will go down in the next trading period. Percent R suggests that price movement has been low at 56.05%. Stochastics %K at 50.28% indicates the stock is a holding.

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