In a filing, RenaissanceRe Holdings Ltd revealed its SVP, Chief Accounting Officer Fraser James Christopher unloaded Company’s shares for reported $3.42 million on May 08 ’25. In the deal valued at $250.55 per share,13,668 shares were sold. As a result of this transaction, Fraser James Christopher now holds 13,486 shares worth roughly $3.29 million.
Then, Fraser James Christopher sold 332 shares, generating $82,846 in total proceeds. Upon selling the shares at $249.54, the SVP, Chief Accounting Officer now owns 27,154 shares.
Before that, Fraser James Christopher bought 14,000 shares. RenaissanceRe Holdings Ltd shares valued at $3,493,000 were divested by the Officer at a price of $249.50 per share.
Morgan Stanley upgraded its RenaissanceRe Holdings Ltd [RNR] rating to an Overweight from a an Equal-weight in a research note published recently. A number of analysts have revised their coverage, including JP Morgan’s analysts, who increased its forecast for the stock in early April from “a Neutral” to “an Overweight”. Barclays also remained covering RNR and has decreased its forecast on January 06, 2025 with a “an Underweight” recommendation from previously “an Equal weight” rating. Jefferies revised its rating on December 18, 2024. It rated RNR as “a Hold” which previously was an “a Buy”.
Price Performance Review of RNR
On Tuesday, RenaissanceRe Holdings Ltd [NYSE:RNR] saw its stock fall -1.62% to $243.65. Over the last five days, the stock has gained 0.14%. RenaissanceRe Holdings Ltd shares have fallen nearly -2.07% since the year began. Nevertheless, the stocks have risen 10.08% over the past one year. While a 52-week high of $300.00 was reached on 01/27/25, a 52-week low of $208.98 was recorded on 04/07/25.
Levels Of Support And Resistance For RNR Stock
The 24-hour chart illustrates a support level at 241.59, which if violated will result in even more drops to 239.54. On the upside, there is a resistance level at 246.32. A further resistance level may holdings at 249.00.
The most recent change occurred on September 05, 2024 when Barclays began covering the stock and recommended ‘”an Equal weight”‘ rating along with a $287 price target.
