In a filing, Reinsurance Group Of America, Inc revealed its EVP, General Counsel & Secy. HUTTON WILLIAM L unloaded Company’s shares for reported $0.26 million on Sep 23 ’24. In the deal valued at $218.97 per share,1,209 shares were sold. As a result of this transaction, HUTTON WILLIAM L now holds 12,357 shares worth roughly $2.31 million.
Then, HUTTON WILLIAM L bought 1,209 shares, generating $264,738 in total proceeds.
Before that, Hayden John W. sold 1,767 shares. Reinsurance Group Of America, Inc shares valued at $365,504 were divested by the EVP, Controller at a price of $206.85 per share. As a result of the transaction, Hayden John W. now holds 16,490 shares, worth roughly $3.09 million.
TD Cowen initiated its Reinsurance Group Of America, Inc [RGA] rating to a Hold in a research note published on October 09, 2024; the price target was $235. 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. Jefferies also remained covering RGA and has increased its forecast on December 11, 2023 with a “Buy” recommendation from previously “Hold” rating. Jefferies revised its rating on June 23, 2023. It rated RGA as “a Hold” which previously was an “a Buy”.
Price Performance Review of RGA
On Tuesday, Reinsurance Group Of America, Inc [NYSE:RGA] saw its stock jump 0.64% to $187.27. Over the last five days, the stock has lost -2.99%. Reinsurance Group Of America, Inc shares have fallen nearly -12.34% since the year began. Nevertheless, the stocks have risen 2.02% over the past one year. While a 52-week high of $233.81 was reached on 01/30/25, a 52-week low of $178.84 was recorded on 03/11/25. SMA at 50 days reached $211.34, while 200 days put it at $213.20.
Levels Of Support And Resistance For RGA Stock
The 24-hour chart illustrates a support level at 183.61, which if violated will result in even more drops to 179.95. On the upside, there is a resistance level at 190.10. A further resistance level may holdings at 192.93. The Relative Strength Index (RSI) on the 14-day chart is 33.75, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -7.13, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 79.86%. Stochastics %K at 14.82% indicates the stock is a buying.
The most recent change occurred on June 07, 2023 when Raymond James began covering the stock and recommended ‘”a Strong buy”‘ rating along with a $199 price target.
