Investors can expect a company’s stock to rise or fall based on the buying and selling of stock by its insiders. Cigna Group shares valued at $737,392 were sold by Granger Elder on Mar 14 ’25. At $310.35 per share, Granger Elder sold 2,376 shares. The insider’s holdings dropped to 5,471 shares worth approximately $1.78 million following the completion of this transaction.
Also, Granger Elder purchased 2,376 shares, netting a total of over 737,392 in proceeds.
Before that, Eder Noelle K had sold 9,944 shares from its account. In a trade valued at $3,182,080, the insider traded Cigna Group shares for $320.00 each. Upon closing the transaction, the insider’s holdings decreased to 9,944 shares, worth approximately $4.35 million.
As published in a research note from Bernstein on February 06, 2025, Cigna Group [CI] has been rated down from an Outperform to a Mkt perform and the price target has been revised to $323. Analysts at Piper Sandler started covering the stock with ‘”an Overweight”‘ outlook in a report released in late June. As of May 30, 2024, Robert W. Baird has initiated its “an Outperform” rating for CI. Earlier on March 06, 2024, Barclays initiated its rating. Their recommendation was “an Overweight” for CI stock.
Analyzing CI Stock Performance
During the last five days, there has been a surge of approximately 1.04%. Over the course of the year, Cigna Group shares have jumped approximately 17.60%. Shares of the company reached a 52-week high of $332.90 on 03/10/25 and a 52-week low of $268.99 on 01/30/25. A 50-day SMA is recorded $303.62, while a 200-day SMA reached $322.83.
Support And Resistance Levels for Cigna Group (CI)
According to the 24-hour chart, there is a support level at 320.62, which, if violated, would cause prices to drop to 316.50. In the upper region, resistance lies at 328.06. The next price resistance is at 331.39. RSI (Relative Strength Index) is 61.18 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at 2.24, which suggests the price will increase in the coming days. Percent R is at 32.47%, indicating low price movement. Stochastics %K at holding indicates that the stock is to be held.
