Centene Corp [CNC] Investment Appeal on the Rise

In a filing, Centene Corp revealed 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 $93487.45999999999.

A number of analysts have revised their coverage, including Barclays’s analysts, who decreased its forecast for the stock in early June from “an Overweight” to “an Equal weight”. Jefferies also remained covering CNC and has increased its forecast on April 08, 2025 with a “Hold” recommendation from previously “an Underperform” rating. Argus revised its rating on February 06, 2025. It rated CNC as “a Hold” which previously was an “a Buy”.

Price Performance Review of CNC

On Friday, Centene Corp [NYSE:CNC] saw its stock fall -0.29% to $55.22. Over the last five days, the stock has gained 0.11%. Centene Corp shares have fallen nearly -8.85% since the year began. Nevertheless, the stocks have fallen -20.27% over the past one year. While a 52-week high of $80.59 was reached on 02/03/25, a 52-week low of $54.01 was recorded on 06/03/25.

Levels Of Support And Resistance For CNC Stock

The 24-hour chart illustrates a support level at 54.76, which if violated will result in even more drops to 54.30. On the upside, there is a resistance level at 55.69. A further resistance level may holdings at 56.15.

How much short interest is there in Centene Corp?

A steep rise in short interest was recorded in Centene Corp stocks on 2025-05-30, dropping by -0.75 million shares to a total of 7.82 million shares. Yahoo Finance data shows the prior-month short interest on 2025-04-30 was 8.57 million shares. There was a decline of -9.6%, which implies that there is a negative sentiment for the stock.

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