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SKWD stock rated a Peer perform by Wolfe Research

Skyward Specialty Insurance Group Inc’s filing revealed that its CHAIRMAN & CEO Robinson Andrew S unloaded Company’s shares for reported $0.5 million on Jan 07 ’25. In the deal valued at $45.29 per share,11,012 shares were sold. As a result of this transaction, Robinson Andrew S now holds 52,617 shares worth roughly $2.85 million.

Then, Robinson Andrew S sold 262 shares, generating $11,928 in total proceeds. Upon selling the shares at $45.53, the CHAIRMAN & CEO now owns 52,355 shares.

Before that, Robinson Andrew S bought 262 shares. Skyward Specialty Insurance Group Inc shares valued at $11,928 were divested by the Officer at a price of $45.53 per share.

Wolfe Research downgraded its Skyward Specialty Insurance Group Inc [SKWD] rating to a Peer perform from a an Outperform in a research note published recently. A number of analysts have revised their coverage, including TD Cowen’s analysts, who began to cover the stock in mid January with a ‘”a Hold”‘ rating. Barclays began covering SKWD with “an Equal weight” recommendation on September 05, 2024. William Blair started covering the stock on August 19, 2024. It rated SKWD as “an Outperform”.

Price Performance Review of SKWD

On Monday, Skyward Specialty Insurance Group Inc [NASDAQ:SKWD] saw its stock jump 4.08% to $54.14. Over the last five days, the stock has gained 6.95%. Skyward Specialty Insurance Group Inc shares have risen nearly 7.12% since the year began. Nevertheless, the stocks have risen 47.60% over the past one year. While a 52-week high of $55.62 was reached on 03/03/25, a 52-week low of $33.27 was recorded on 01/24/25. SMA at 50 days reached $47.73, while 200 days put it at $43.11.

Levels Of Support And Resistance For SKWD Stock

The 24-hour chart illustrates a support level at 52.34, which if violated will result in even more drops to 50.54. On the upside, there is a resistance level at 55.13. A further resistance level may holdings at 56.12. The Relative Strength Index (RSI) on the 14-day chart is 71.29, which indicates overbought technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 2.33, which suggests price will go up in the next trading period. Percent R suggests that price movement has been bullish at 2.78%. Stochastics %K at 81.03% indicates the stock is a selling.

The most recent change occurred on July 12, 2024 when Oppenheimer began covering the stock and recommended ‘”an Outperform”‘ rating .

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