Everest Group Ltd’s filing revealed that its EVP and Chief HR Officer Van Beveren Gail unloaded Company’s shares for reported $0.29 million on Mar 14 ’25. In the deal valued at $350.42 per share,830 shares were sold. As a result of this transaction, Van Beveren Gail now holds 12,213 shares worth roughly $4.46 million.
Then, Van Beveren Gail bought 830 shares, generating $289,438 in total proceeds.
Before that, WILLIAMSON JAMES ALLAN sold 200 shares. Everest Group Ltd shares valued at $74,000 were divested by the EVP, Chief Operating Officer at a price of $370.00 per share. As a result of the transaction, WILLIAMSON JAMES ALLAN now holds 15,009 shares, worth roughly $5.48 million.
Morgan Stanley downgraded its Everest Group Ltd [EG] rating to an Equal-weight from a an Overweight in a research note published on February 05, 2025; the price target was decreased to $340 from $425. A number of analysts have revised their coverage, including BMO Capital Markets’s analysts, who decreased its forecast for the stock in late January from “an Outperform” to “a Market perform”. BMO Capital Markets also remained covering EG and has increased its forecast on January 10, 2025 with a “an Outperform” recommendation from previously “Market perform” rating. Jefferies revised its rating on November 26, 2024. It rated EG as “a Hold” which previously was an “a Buy”.
Price Performance Review of EG
On Monday, Everest Group Ltd [NYSE:EG] saw its stock jump 1.78% to $365.06. Over the last five days, the stock has gained 2.20%. Everest Group Ltd shares have risen nearly 0.72% since the year began. Nevertheless, the stocks have fallen -5.43% over the past one year. While a 52-week high of $407.30 was reached on 01/27/25, a 52-week low of $327.37 was recorded on 02/11/25. SMA at 50 days reached $351.99, while 200 days put it at $371.57.
Levels Of Support And Resistance For EG Stock
The 24-hour chart illustrates a support level at 358.02, which if violated will result in even more drops to 350.97. On the upside, there is a resistance level at 370.53. A further resistance level may holdings at 376.00. The Relative Strength Index (RSI) on the 14-day chart is 62.59, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 2.48, which suggests price will go up in the next trading period. Percent R suggests that price movement has been bullish at 14.67%. Stochastics %K at 63.99% indicates the stock is a holding.
How much short interest is there in Everest Group Ltd?
A steep rise in short interest was recorded in Everest Group Ltd stocks on 2025-02-28, growing by 79002.0 shares to a total of 0.88 million shares. Yahoo Finance data shows the prior-month short interest on 2025-01-31 was 0.8 million shares. There was a rise of 9.0%, which implies that there is a positive sentiment for the stock.
The most recent change occurred on September 05, 2024 when Barclays began covering the stock and recommended ‘”an Overweight”‘ rating along with a $527 price target.
