The buying and selling of stock by a company’s insider give investors a sense that the stock will rise or fall in the future. Hanover Insurance Group Inc shares valued at $1,560,064 were sold by Roche John C on Apr 01 ’25. At $175.17 per share, Roche John C sold 8,906 shares. The insider’s holdings dropped to 124,414 shares worth approximately $20.11 million following the completion of this transaction.
Also, Roche John C purchased 8,906 shares, netting a total of over 1,560,055 in proceeds.
Before that, Roche John C had sold 400 shares from its account. In a trade valued at $70,012, the President and CEO traded Hanover Insurance Group Inc shares for $175.03 each. Upon closing the transaction, the insider’s holdings decreased to 400 shares, worth approximately $20.09 million.
As published in their initiating research note from Morgan Stanley on December 05, 2024, Hanover Insurance Group Inc [THG] has been an Equal-weight and the price target has been revised to $170. Analysts at Janney downgraded the stock from ‘”a Buy”‘ to ‘”a Neutral”‘ outlook in a report released in late November. As of November 16, 2023, Oppenheimer has initiated its “an Outperform” rating for THG. Earlier on August 31, 2023, BMO Capital Markets upgraded its rating. Their new recommendation was “an Outperform” for THG stock which previously was a “a Market perform”.
Analyzing THG Stock Performance
During the last five days, there has been a surge of approximately 3.61%. Over the course of the year, Hanover Insurance Group Inc shares have jumped approximately 4.53%. Shares of the company reached a 52-week high of $176.16 on 04/01/25 and a 52-week low of $145.17 on 01/10/25. A 50-day SMA is recorded $165.13, while a 200-day SMA reached $151.98.
Support And Resistance Levels for Hanover Insurance Group Inc (THG)
According to the 24-hour chart, there is a support level at 160.49, which, if violated, would cause prices to drop to 159.30. In the upper region, resistance lies at 162.79. The next price resistance is at 163.90. RSI (Relative Strength Index) is 46.89 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at -1.12, which suggests the price will decrease in the coming days. Percent R is at 51.02%, indicating low price movement. Stochastics %K at holding indicates that the stock is to be held.
