Investors can expect a company’s stock to rise or fall based on the buying and selling of stock by its insiders. Hartford Insurance Group Inc.(The) shares valued at $143,002 were purchased by Swift Christopher on Apr 02 ’25. At $125.00 per share, Swift Christopher acquired 1,144 shares.
Also, Swift Christopher sold 98,061 shares, netting a total of over 11,805,503 in proceeds. Following the sale of shares at $120.39 each, the insider now holds 211,082 shares.
Before that, Swift Christopher had added 98,061 shares to its account. In a trade valued at $11,805,512, the Officer bought Hartford Insurance Group Inc.(The) shares for $120.39 each.
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 1.79%. Over the course of the year, Hartford Insurance Group Inc.(The) shares have jumped approximately 14.13%. Shares of the company reached a 52-week high of $125.08 on 04/02/25 and a 52-week low of $104.93 on 01/10/25. A 50-day SMA is recorded $116.24, while a 200-day SMA reached $112.94.
Support And Resistance Levels for Hartford Insurance Group Inc.(The) (HIG)
According to the 24-hour chart, there is a support level at 123.37, which, if violated, would cause prices to drop to 121.87. In the upper region, resistance lies at 125.72. The next price resistance is at 126.57. RSI (Relative Strength Index) is 70.99 on the 14-day chart, showing overbought technical sentiment. Moving Average Convergence Divergence (MACD) is at 2.88, which suggests the price will increase in the coming days. Percent R is at 2.36%, indicating bullish price movement. Stochastics %K at selling indicates that the stock is to be held.
