Investors can expect a company’s stock to rise or fall based on the buying and selling of stock by its insiders. Selective Insurance Group Inc shares valued at $2,532,589 were purchased by URBAN PHILIP HUGH on May 30 ’25. At $88.15 per share, URBAN PHILIP HUGH acquired 28,729 shares.
Also, Harnett Anthony D. purchased 1,352 shares, netting a total of over 117,705 in proceeds.
Before that, Harnett Anthony D. had sold 1,352 shares from its account. In a trade valued at $117,705, the SVP, Chief Accounting Officer traded Selective Insurance Group Inc shares for $87.06 each. Upon closing the transaction, the insider’s holdings decreased to 1,352 shares, worth approximately $1.38 million.
As published in a research note from Keefe Bruyette on February 07, 2025, Selective Insurance Group Inc [SIGI] has been rated down from an Outperform to a Mkt perform and the price target has been revised to $93 from $116. Analysts at Morgan Stanley started covering the stock with ‘”an Equal-weight”‘ outlook in a report released in early December. As of October 30, 2024, BMO Capital Markets has increased its “Market perform” rating to a “an Outperform” for SIGI. Earlier on July 22, 2024, Keefe Bruyette upgraded its rating. Their new recommendation was “an Outperform” for SIGI stock which previously was a “a Mkt perform”.
Analyzing SIGI Stock Performance
On last trading session, Selective Insurance Group Inc [NASDAQ: SIGI] rose 1.49% to $86.33. The stock’s lowest price that day was $85.3134, but it reached a high of $86.64 in the same session. During the last five days, there has been a surge of approximately 0.43%. Over the course of the year, Selective Insurance Group Inc shares have dropped approximately -8.47%. Shares of the company reached a 52-week high of $96.49 on 01/27/25 and a 52-week low of $78.13 on 02/21/25.
Support And Resistance Levels for Selective Insurance Group Inc (SIGI)
According to the 24-hour chart, there is a support level at 85.55, which, if violated, would cause prices to drop to 84.77. In the upper region, resistance lies at 86.88. The next price resistance is at 87.42. RSI (Relative Strength Index) is 49.55 on the 14-day chart, showing neutral technical sentiment.
Is Selective Insurance Group Inc subject to short interest?
Stocks of Selective Insurance Group Inc saw a sharp rise in short interest on 2025-06-13 jumping by 0.16 million shares to 1.82 million. Data from Yahoo Finance shows that the short interest on 2025-05-15 was 1.67 million shares. A jump of 8.72% in short interest reflects a negative sentiment towards the stock. Despite the fact that short shares comprise just 5.33 of the overall float, the days-to-cover ratio (short ratio) jumped to 5.33.
Which companies own the most shares of Selective Insurance Group Inc (SIGI)?
In terms of Selective Insurance Group Inc share price expectations, FactSet research, analysts set an average price target of 99 in the next 12 months, up nearly 16.39% from the previous closing price of $85.06. Analysts anticipate Selective Insurance Group Inc stock to reach 105 by 2025, with the lowest price target being 85. In spite of this, 3 analysts ranked Selective Insurance Group Inc stock as Hold at the end of 2025. On November 16, 2023, Oppenheimer assigned a price target of “an Outperform” to the stock and initiated coverage with a $120.
