Selective Insurance Group Inc’s recently made public that its Former Director Coaxum Wole C acquired Company’s shares for reported $0.12 million on Jul 31 ’25. In the deal valued at $79.32 per share,1,575 shares were bought.
Then, McCarthy Thomas A bought 2,500 shares, generating $193,550 in total proceeds. Upon buying the shares at $77.42, the Director now owns 18,746 shares.
Before that, Marchioni John J. bought 3,200 shares. Selective Insurance Group Inc shares valued at $249,248 were divested by the President and CEO at a price of $77.89 per share. As a result of the transaction, Marchioni John J. now holds 139,775 shares, worth roughly $10.83 million.
Keefe Bruyette downgraded its Selective Insurance Group Inc [SIGI] rating to a Mkt perform from a an Outperform in a research note published on February 07, 2025; the price target was decreased to $93 from $116. A number of analysts have revised their coverage, including Morgan Stanley’s analysts, who began to cover the stock in early December with a ‘”an Equal-weight”‘ rating. BMO Capital Markets also remained covering SIGI and has increased its forecast on October 30, 2024 with a “an Outperform” recommendation from previously “Market perform” rating. Keefe Bruyette revised its rating on July 22, 2024. It rated SIGI as “an Outperform” which previously was an “a Mkt perform”.
Price Performance Review of SIGI
On Friday, Selective Insurance Group Inc [NASDAQ:SIGI] saw its stock fall -0.64% to $77.47. Over the last five days, the stock has lost -0.21%. Selective Insurance Group Inc shares have fallen nearly -14.93% since the year began. Nevertheless, the stocks have fallen -17.16% over the past one year. While a 52-week high of $103.56 was reached on 01/27/25, a 52-week low of $71.75 was recorded on 07/24/25.
Levels Of Support And Resistance For SIGI Stock
The 24-hour chart illustrates a support level at 76.17, which if violated will result in even more drops to 74.86. On the upside, there is a resistance level at 78.98. A further resistance level may holdings at 80.48.
How much short interest is there in Selective Insurance Group Inc?
A steep rise in short interest was recorded in Selective Insurance Group Inc stocks on 2025-07-15, dropping by -0.18 million shares to a total of 1.64 million shares. Yahoo Finance data shows the prior-month short interest on 2025-06-13 was 1.82 million shares. There was a decline of -11.25%, which implies that there is a negative sentiment for the stock.
The most recent change occurred on November 16, 2023 when Oppenheimer began covering the stock and recommended ‘”an Outperform”‘ rating along with a $120 price target.
