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Barclays upgrades Hartford Insurance Group Inc.(The) (HIG) rating to an Overweight

In a filing, Hartford Insurance Group Inc.(The) revealed its Chairman and CEO Swift Christopher unloaded Company’s shares for reported $0.14 million on Apr 02 ’25. In the deal valued at $125.00 per share,1,144 shares were sold. As a result of this transaction, Swift Christopher now holds 211,082 shares worth roughly $23.97 million.

Then, Swift Christopher sold 200 shares, generating $25,000 in total proceeds. Upon selling the shares at $125.00, the Chairman and CEO now owns 211,082 shares.

Before that, Swift Christopher bought 200 shares. Hartford Insurance Group Inc.(The) shares valued at $25,000 were divested by the Officer at a price of $125.00 per share.

Barclays upgraded its Hartford Insurance Group Inc.(The) [HIG] rating to an Overweight from a an Equal weight in a research note published on January 06, 2025; the price target was increased to $135 from $130. A number of analysts have revised their coverage, including BofA Securities’s analysts, who decreased its forecast for the stock in early October from “a Buy” to “a Neutral”. Barclays began covering HIG with “an Equal weight” recommendation on September 05, 2024. Citigroup revised its rating on June 28, 2024. It rated HIG as “a Neutral” which previously was an “a Buy”.

Price Performance Review of HIG

On Friday, Hartford Insurance Group Inc.(The) [NYSE:HIG] saw its stock fall -8.00% to $113.57. Over the last five days, the stock has lost -7.08%. Hartford Insurance Group Inc.(The) shares have risen nearly 3.81% since the year began. Nevertheless, the stocks have risen 11.21% over the past one year. While a 52-week high of $125.08 was reached on 04/02/25, a 52-week low of $94.47 was recorded on 01/10/25. SMA at 50 days reached $116.53, while 200 days put it at $113.12.

Levels Of Support And Resistance For HIG Stock

The 24-hour chart illustrates a support level at 110.69, which if violated will result in even more drops to 107.81. On the upside, there is a resistance level at 118.80. A further resistance level may holdings at 124.03. The Relative Strength Index (RSI) on the 14-day chart is 36.12, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -0.65, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 95.60%. Stochastics %K at 59.38% indicates the stock is a holding.

How much short interest is there in Hartford Insurance Group Inc.(The)?

A steep rise in short interest was recorded in Hartford Insurance Group Inc.(The) stocks on 2025-03-14, dropping by -0.32 million shares to a total of 4.12 million shares. Yahoo Finance data shows the prior-month short interest on 2025-02-14 was 4.43 million shares. There was a decline of -7.69%, which implies that there is a negative sentiment for the stock.

The most recent change occurred on January 10, 2024 when TD Cowen began covering the stock and recommended ‘”an Outperform”‘ rating along with a $132 price target.

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