Investors can expect a company’s stock to rise or fall based on the buying and selling of stock by its insiders. Jackson Financial Inc shares valued at $1,432,550 were sold by Smith Craig Donald on Apr 07 ’25. At $69.52 per share, Smith Craig Donald sold 20,607 shares. The insider’s holdings dropped to 116,423 shares worth approximately $8.34 million following the completion of this transaction.
Also, Raub Christopher sold 2,000 shares, netting a total of over 163,320 in proceeds. Following the sale of shares at $81.66 each, the insider now holds 26,545 shares.
Before that, Smith Craig Donald had sold 7,974 shares from its account. In a trade valued at $643,900, the President and CEO PPM America traded Jackson Financial Inc shares for $80.75 each. Upon closing the transaction, the insider’s holdings decreased to 7,974 shares, worth approximately $9.8 million.
As published in a research note from Evercore ISI on November 14, 2024, Jackson Financial Inc [JXN] has been rated down from an In-line to an Underperform and the price target has been revised to $95 from $74. Analysts at Barclays started covering the stock with ‘”an Overweight”‘ outlook in a report released in early September. As of May 14, 2024, Keefe Bruyette has decreased its “an Outperform” rating to a “Mkt perform” for JXN. Earlier on February 28, 2024, Keefe Bruyette upgraded its rating. Their new recommendation was “an Outperform” for JXN stock which previously was a “a Mkt perform”.
Analyzing JXN Stock Performance
During the last five days, there has been a drop of approximately -7.64%. Over the course of the year, Jackson Financial Inc shares have dropped approximately -17.73%. Shares of the company reached a 52-week high of $98.63 on 01/28/25 and a 52-week low of $64.70 on 04/07/25. A 50-day SMA is recorded $84.15, while a 200-day SMA reached $89.07.
Support And Resistance Levels for Jackson Financial Inc (JXN)
According to the 24-hour chart, there is a support level at 70.54, which, if violated, would cause prices to drop to 69.44. In the upper region, resistance lies at 73.10. The next price resistance is at 74.56. RSI (Relative Strength Index) is 38.30 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at -3.60, which suggests the price will decrease in the coming days. Percent R is at 69.33%, indicating low price movement. Stochastics %K at holding indicates that the stock is to be held.
