Centene Corp’s recently made public that its Officer FASOLA KENNETH J acquired Company’s shares for reported $0.5 million on Mar 21 ’25. In the deal valued at $59.06 per share,8,500 shares were bought.
Then, Greco Thomas bought 17,000 shares, generating $1,015,750 in total proceeds. Upon buying the shares at $59.75, the Director now owns 19,309 shares.
Before that, Dallas H James bought 1,693 shares. Centene Corp shares valued at $99,904 were divested by the Director at a price of $59.01 per share. As a result of the transaction, Dallas H James now holds 1,693 shares, worth roughly $0.11 million.
Jefferies upgraded its Centene Corp [CNC] rating to a Hold from a an Underperform in a research note published recently. A number of analysts have revised their coverage, including Argus’s analysts, who decreased its forecast for the stock in early February from “a Buy” to “a Hold”. UBS revised its rating on December 13, 2024. It rated CNC as “a Buy” which previously was an “a Neutral”.
Price Performance Review of CNC
On Friday, Centene Corp [NYSE:CNC] saw its stock jump 0.59% to $62.79. Over the last five days, the stock has gained 4.37%. Centene Corp shares have risen nearly 3.65% since the year began. Nevertheless, the stocks have fallen -17.27% over the past one year. While a 52-week high of $80.59 was reached on 02/03/25, a 52-week low of $55.03 was recorded on 02/13/25. SMA at 50 days reached $60.31, while 200 days put it at $64.79.
Levels Of Support And Resistance For CNC Stock
The 24-hour chart illustrates a support level at 62.12, which if violated will result in even more drops to 61.44. On the upside, there is a resistance level at 63.38. A further resistance level may holdings at 63.96. The Relative Strength Index (RSI) on the 14-day chart is 57.22, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 2.18, which suggests price will go up in the next trading period. Percent R suggests that price movement has been bullish at 8.56%. Stochastics %K at 92.62% indicates the stock is a selling.