Hanover Insurance Group Inc’s filing revealed that its President and CEO Roche John C unloaded Company’s shares for reported $1.56 million on Apr 01 ’25. In the deal valued at $175.17 per share,8,906 shares were sold. As a result of this transaction, Roche John C now holds 124,414 shares worth roughly $18.74 million.
Then, Roche John C bought 8,906 shares, generating $1,560,055 in total proceeds.
Before that, Roche John C sold 400 shares. Hanover Insurance Group Inc shares valued at $70,012 were divested by the President and CEO at a price of $175.03 per share. As a result of the transaction, Roche John C now holds 124,278 shares, worth roughly $18.72 million.
Morgan Stanley initiated its Hanover Insurance Group Inc [THG] rating to an Equal-weight in a research note published on December 05, 2024; the price target was $170. A number of analysts have revised their coverage, including Janney’s analysts, who decreased its forecast for the stock in late November from “a Buy” to “a Neutral”. Oppenheimer began covering THG with “an Outperform” recommendation on November 16, 2023. BMO Capital Markets revised its rating on August 31, 2023. It rated THG as “an Outperform” which previously was an “a Market perform”.
Price Performance Review of THG
On Monday, Hanover Insurance Group Inc [NYSE:THG] saw its stock fall -4.43% to $150.66. Over the last five days, the stock has lost -13.39%. Hanover Insurance Group Inc shares have fallen nearly -2.59% since the year began. Nevertheless, the stocks have risen 15.47% over the past one year. While a 52-week high of $176.16 was reached on 04/01/25, a 52-week low of $119.66 was recorded on 01/10/25. SMA at 50 days reached $164.78, while 200 days put it at $150.62.
Levels Of Support And Resistance For THG Stock
The 24-hour chart illustrates a support level at 147.06, which if violated will result in even more drops to 143.47. On the upside, there is a resistance level at 155.46. A further resistance level may holdings at 160.26. The Relative Strength Index (RSI) on the 14-day chart is 27.26, which indicates oversold technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -9.87, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 91.41%. Stochastics %K at 25.43% indicates the stock is a holding.
How much short interest is there in Hanover Insurance Group Inc?
A steep rise in short interest was recorded in Hanover Insurance Group Inc stocks on 2025-03-14, growing by 0.17 million shares to a total of 0.55 million shares. Yahoo Finance data shows the prior-month short interest on 2025-02-14 was 0.38 million shares. There was a rise of 31.51%, which implies that there is a positive sentiment for the stock.
