Centene Corp [CNC] Shares Rise 0.17% on Wednesday

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. Centene Corp shares valued at $314,545 were purchased by DeVeydt Wayne S on Sep 09 ’25. At $29.19 per share, DeVeydt Wayne S acquired 10,775 shares.

Also, LONDON SARAH purchased 19,230 shares, netting a total of over 490,365 in proceeds. Following the buying of shares at $25.50 each, the insider now holds 845,275 shares.

Before that, Samuels Theodore R. II had added 9,000 shares to its account. In a trade valued at $248,580, the Director bought Centene Corp shares for $27.62 each. Upon closing the transaction, the insider’s holdings increased to 9,000 shares, worth approximately $1.14 million.

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 0.17% to $35.74. The stock’s lowest price that day was $35.48, but it reached a high of $36.18 in the same session. During the last five days, there has been a surge of approximately 3.15%. Over the course of the year, Centene Corp shares have dropped approximately -52.08%. 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 35.41, which, if violated, would cause prices to drop to 35.09. In the upper region, resistance lies at 36.13. The next price resistance is at 36.53. RSI (Relative Strength Index) is 69.84 on the 14-day chart, showing neutral technical sentiment.

Is Centene Corp subject to short interest?

Stocks of Centene Corp saw a sharp steep in short interest on 2025-09-15 dropping by -4.1 million shares to 19.58 million. Data from Yahoo Finance shows that the short interest on 2025-08-15 was 23.68 million shares. A decline of -20.94% in short interest reflects a positive sentiment towards the stock. Despite the fact that short shares comprise just 1.32 of the overall float, the days-to-cover ratio (short ratio) decline to 1.32.

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 45 in the next 12 months, up nearly 26.12% from the previous closing price of $35.68. Analysts anticipate Centene Corp stock to reach 69 by 2025, with the lowest price target being 33. 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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