Potential Price Increase for Jackson Financial Inc (JXN) After Recent Insider Activity

Jackson Financial Inc’s recently made public that its President and CEO PPM America Smith Craig Donald unloaded Company’s shares for reported $1.43 million on Apr 07 ’25. In the deal valued at $69.52 per share,20,607 shares were sold. As a result of this transaction, Smith Craig Donald now holds 116,423 shares worth roughly $9.74 million.

Then, Raub Christopher sold 2,000 shares, generating $163,320 in total proceeds. Upon selling the shares at $81.66, the EVP and Chief Risk Officer now owns 26,545 shares.

Before that, Smith Craig Donald sold 7,974 shares. Jackson Financial Inc shares valued at $643,900 were divested by the President and CEO PPM America at a price of $80.75 per share. As a result of the transaction, Smith Craig Donald now holds 136,740 shares, worth roughly $11.44 million.

Evercore ISI downgraded its Jackson Financial Inc [JXN] rating to an Underperform from a an In-line in a research note published on November 14, 2024; the price target was increased to $95 from $74. A number of analysts have revised their coverage, including Barclays’s analysts, who began to cover the stock in early September with a ‘”an Overweight”‘ rating. Keefe Bruyette also remained covering JXN and has decreased its forecast on May 14, 2024 with a “Mkt perform” recommendation from previously “an Outperform” rating. Keefe Bruyette revised its rating on February 28, 2024. It rated JXN as “an Outperform” which previously was an “a Mkt perform”.

Price Performance Review of JXN

On Friday, Jackson Financial Inc [NYSE:JXN] saw its stock jump 0.72% to $83.63. Over the last five days, the stock has lost -0.95%. Jackson Financial Inc shares have fallen nearly -3.96% since the year began. Nevertheless, the stocks have risen 15.40% over the past one year.

Levels Of Support And Resistance For JXN Stock

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