The buying and selling of stock by a company’s insider give investors a sense that the stock will rise or fall in the future. Hartford Insurance Group Inc.(The) shares valued at $11,805,503 were sold by Swift Christopher on Mar 17 ’25. At $120.39 per share, Swift Christopher sold 98,061 shares. The insider’s holdings dropped to 211,082 shares worth approximately $25.26 million following the completion of this transaction.
Also, Swift Christopher purchased 98,061 shares, netting a total of over 11,805,512 in proceeds.
Before that, Paiano Robert W had sold 13,138 shares from its account. In a trade valued at $1,539,714, the EVP & Chief Risk Officer traded Hartford Insurance Group Inc.(The) shares for $117.20 each. Upon closing the transaction, the insider’s holdings decreased to 13,138 shares, worth approximately $3.79 million.
As published in a research note from Barclays on January 06, 2025, Hartford Insurance Group Inc.(The) [HIG] has been rated up from an Equal weight to an Overweight and the price target has been revised to $135 from $130. Analysts at BofA Securities downgraded the stock from ‘”a Buy”‘ to ‘”a Neutral”‘ outlook in a report released in early October. As of September 05, 2024, Barclays has initiated its “an Equal weight” rating for HIG. Earlier on June 28, 2024, Citigroup downgraded its rating. Their new recommendation was “a Neutral” for HIG stock which previously was a “a Buy”.
Analyzing HIG Stock Performance
During the last five days, there has been a surge of approximately 2.72%. Over the course of the year, Hartford Insurance Group Inc.(The) shares have jumped approximately 9.39%. Shares of the company reached a 52-week high of $121.29 on 03/18/25 and a 52-week low of $104.93 on 01/10/25. A 50-day SMA is recorded $113.97, while a 200-day SMA reached $111.94.
Support And Resistance Levels for Hartford Insurance Group Inc.(The) (HIG)
According to the 24-hour chart, there is a support level at 118.76, which, if violated, would cause prices to drop to 117.85. In the upper region, resistance lies at 120.48. The next price resistance is at 121.28. RSI (Relative Strength Index) is 60.86 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at 1.32, which suggests the price will increase in the coming days. Percent R is at 23.06%, indicating bullish price movement. Stochastics %K at holding indicates that the stock is to be held.
