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. Cigna Group shares valued at $204,399 were purchased by Palmer Eric P on May 09 ’25. At $335.08 per share, Palmer Eric P acquired 610 shares.
Also, Palmer Eric P purchased 14,985 shares, netting a total of over 5,029,097 in proceeds.
Before that, Palmer Eric P had added 87,171 shares to its account. In a trade valued at $29,204,506, the Former Officer bought Cigna Group shares for $335.03 each.
As published in a research note from Bernstein on February 06, 2025, Cigna Group [CI] has been rated down from an Outperform to a Mkt perform and the price target has been revised to $323. Analysts at Piper Sandler started covering the stock with ‘”an Overweight”‘ outlook in a report released in late June. As of May 30, 2024, Robert W. Baird has initiated its “an Outperform” rating for CI. Earlier on March 06, 2024, Barclays initiated its rating. Their recommendation was “an Overweight” for CI stock.
Analyzing CI Stock Performance
During the last five days, there has been a surge of approximately 1.24%. Over the course of the year, Cigna Group shares have jumped approximately 13.23%. Shares of the company reached a 52-week high of $350.00 on 05/02/25 and a 52-week low of $268.99 on 01/30/25.
Support And Resistance Levels for Cigna Group (CI)
According to the 24-hour chart, there is a support level at 309.77, which, if violated, would cause prices to drop to 306.85. In the upper region, resistance lies at 316.03. The next price resistance is at 319.37. RSI (Relative Strength Index) is 41.48 on the 14-day chart, showing neutral technical sentiment.
