Centene Corp [CNC] Shares Rise 3.44% on Wednesday

Investors can expect a company’s stock to rise or fall based on the buying and selling of stock by its insiders. Centene Corp shares valued at $490,365 were purchased by LONDON SARAH on Aug 08 ’25. At $25.50 per share, LONDON SARAH acquired 19,230 shares. The insider’s holdings grew to 845,275 shares worth approximately $22.88 million following the completion of this transaction.

Also, Samuels Theodore R. II purchased 9,000 shares, netting a total of over 248,580 in proceeds. Following the buying of shares at $27.62 each, the insider now holds 32,000 shares.

Before that, FASOLA KENNETH J had added 8,500 shares to its account. In a trade valued at $501,970, the Officer bought Centene Corp shares for $59.06 each.

As published in a research note from Cantor Fitzgerald on July 28, 2025, Centene Corp [CNC] has been rated down from an Overweight to a Neutral and the price target has been revised to $38. Analysts at Wells Fargo downgraded the stock from ‘”an Overweight”‘ to ‘”an Equal weight”‘ outlook in a report released in late July. As of July 21, 2025, TD Cowen has decreased its “Buy” rating to a “Hold” for CNC. Earlier on July 16, 2025, BofA Securities downgraded its rating. Their new recommendation was “an Underperform” for CNC stock which previously was a “a Neutral”.

Analyzing CNC Stock Performance

On last trading session, Centene Corp [NYSE: CNC] rose 3.44% to $27.07. The stock’s lowest price that day was $26.2294, but it reached a high of $27.18 in the same session. During the last five days, there has been a surge of approximately 7.38%. Over the course of the year, Centene Corp shares have dropped approximately -64.38%. Shares of the company reached a 52-week high of $66.81 on 02/03/25 and a 52-week low of $25.08 on 08/07/25.

Support And Resistance Levels for Centene Corp (CNC)

According to the 24-hour chart, there is a support level at 26.47, which, if violated, would cause prices to drop to 25.87. In the upper region, resistance lies at 27.42. The next price resistance is at 27.78. RSI (Relative Strength Index) is 36.52 on the 14-day chart, showing neutral technical sentiment.

Is Centene Corp subject to short interest?

Stocks of Centene Corp saw a sharp rise in short interest on 2025-07-31 jumping by 17.91 million shares to 27.78 million. Data from Yahoo Finance shows that the short interest on 2025-06-30 was 9.87 million shares. A jump of 64.48% in short interest reflects a negative sentiment towards the stock. Despite the fact that short shares comprise just 1.1 of the overall float, the days-to-cover ratio (short ratio) jumped to 1.1.

Which companies own the most shares of Centene Corp (CNC)?

In terms of Centene Corp share price expectations, FactSet research, analysts set an average price target of 51 in the next 12 months, up nearly 94.88% from the previous closing price of $26.17. Analysts anticipate Centene Corp stock to reach 69 by 2025, with the lowest price target being 45. In spite of this, 14 analysts ranked Centene Corp stock as Buy at the end of 2025. On July 10, 2025, Morgan Stanley assigned a price target of “an Equal-weight” to the stock and downgraded coverage with a $33.

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