Cigna Group’s recently made public that its Chairman & CEO Cordani David unloaded Company’s shares for reported $8.17 million on Mar 03 ’25. In the deal valued at $308.12 per share,26,527 shares were sold. As a result of this transaction, Cordani David now holds 127,767 shares worth roughly $39.46 million.
Then, Jones Nicole S sold 4,904 shares, generating $1,511,020 in total proceeds. Upon selling the shares at $308.12, the insider now owns 29,421 shares.
Before that, Jones Nicole S bought 4,904 shares. Cigna Group shares valued at $1,511,020 were divested by the Officer at a price of $308.12 per share.
Bernstein downgraded its Cigna Group [CI] rating to a Mkt perform from a an Outperform in a research note published recently. A number of analysts have revised their coverage, including Piper Sandler’s analysts, who began to cover the stock in late June with a ‘”an Overweight”‘ rating. Robert W. Baird began covering CI with “an Outperform” recommendation on May 30, 2024. Barclays started covering the stock on March 06, 2024. It rated CI as “an Overweight”.
Price Performance Review of CI
On Tuesday, Cigna Group [NYSE:CI] saw its stock fall -0.85% to $308.86. Over the last five days, the stock has lost -1.61%. Cigna Group shares have risen nearly 11.85% since the year began. Nevertheless, the stocks have fallen -8.12% over the past one year. While a 52-week high of $370.83 was reached on 03/04/25, a 52-week low of $262.03 was recorded on 01/30/25. SMA at 50 days reached $290.41, while 200 days put it at $324.43.
Levels Of Support And Resistance For CI Stock
The 24-hour chart illustrates a support level at 305.72, which if violated will result in even more drops to 302.57. On the upside, there is a resistance level at 314.69. A further resistance level may holdings at 320.51. The Relative Strength Index (RSI) on the 14-day chart is 58.48, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 7.69, which suggests price will go up in the next trading period. Percent R suggests that price movement has been bullish at 29.47%. Stochastics %K at 78.17% indicates the stock is a holding.
