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. Selective Insurance Group Inc shares valued at $193,550 were purchased by McCarthy Thomas A on Jul 28 ’25. At $77.42 per share, McCarthy Thomas A acquired 2,500 shares. The insider’s holdings grew to 18,746 shares worth approximately $1.49 million following the completion of this transaction.
Also, Marchioni John J. purchased 3,200 shares, netting a total of over 249,248 in proceeds. Following the buying of shares at $77.89 each, the insider now holds 139,775 shares.
Before that, Eppers Joseph had added 1,402 shares to its account. In a trade valued at $107,702, the EVP, Chief Investment Officer bought Selective Insurance Group Inc shares for $76.82 each. Upon closing the transaction, the insider’s holdings increased to 1,402 shares, worth approximately $0.99 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] plunged -1.99% to $79.41. The stock’s lowest price that day was $78.99, but it reached a high of $81.37 in the same session. During the last five days, there has been a drop of approximately -12.16%. Over the course of the year, Selective Insurance Group Inc shares have dropped approximately -12.85%.
Support And Resistance Levels for Selective Insurance Group Inc (SIGI)
RSI (Relative Strength Index) is 39.82 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 steep in short interest on 2025-07-15 dropping by -0.18 million shares to 1.64 million. Data from Yahoo Finance shows that the short interest on 2025-06-13 was 1.82 million shares. A decline of -11.25% in short interest reflects a positive sentiment towards the stock. Despite the fact that short shares comprise just 4.23 of the overall float, the days-to-cover ratio (short ratio) decline to 4.23.
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 22.19% from the previous closing price of $81.02. 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.
