In a filing, Cigna Group revealed its Director Granger Elder unloaded Company’s shares for reported $0.74 million on Mar 14 ’25. In the deal valued at $310.35 per share,2,376 shares were sold. As a result of this transaction, Granger Elder now holds 5,471 shares worth roughly $1.73 million.
Then, Granger Elder bought 2,376 shares, generating $737,392 in total proceeds.
Before that, Eder Noelle K sold 9,944 shares. Cigna Group shares valued at $3,182,080 were divested by the insider at a price of $320.00 per share. As a result of the transaction, Eder Noelle K now holds 13,406 shares, worth roughly $4.25 million.
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 Monday, Cigna Group [NYSE:CI] saw its stock jump 1.25% to $316.80. Over the last five days, the stock has lost -3.02%. Cigna Group shares have risen nearly 14.72% since the year began. Nevertheless, the stocks have fallen -9.15% over the past one year. While a 52-week high of $370.83 was reached on 03/10/25, a 52-week low of $262.03 was recorded on 01/30/25. SMA at 50 days reached $297.14, while 200 days put it at $323.49.
Levels Of Support And Resistance For CI Stock
The 24-hour chart illustrates a support level at 313.17, which if violated will result in even more drops to 309.55. On the upside, there is a resistance level at 319.30. A further resistance level may holdings at 321.81. The Relative Strength Index (RSI) on the 14-day chart is 58.47, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 0.95, which suggests price will go down in the next trading period. Percent R suggests that price movement has been low at 53.17%. Stochastics %K at 43.25% indicates the stock is a holding.
How much short interest is there in Cigna Group?
A steep rise in short interest was recorded in Cigna Group stocks on 2025-02-28, dropping by -0.26 million shares to a total of 3.86 million shares. Yahoo Finance data shows the prior-month short interest on 2025-01-31 was 4.12 million shares. There was a decline of -6.61%, which implies that there is a negative sentiment for the stock.
