Cigna Corporation EVP Nicole Jones Unloads 1,530 Shares (CI)
Cigna Corporation (NYSE:CI) EVP Nicole Jones unloaded 1,530 shares of the stock in a transaction that occurred on Thursday, September 12th. The shares were sold at an average price of $82.35, for a total value of $125,995.50. Following the completion of the sale, the executive vice president now directly owns 5,337 shares of the company’s stock. The sale was disclosed in a document filed with the SEC, which can be accessed through this link.
A number of research firms have recently commented on CI. Analysts at Zacks reiterated a “neutral” rating on shares of Cigna Corporation (NYSE:CI) in a research note to investors on Monday, September 9th. They now have a $85.00 price target on the stock. Separately, analysts at BMO Capital Markets raised their price target on shares of Cigna Corporation (NYSE:CI) from $76.00 to $85.00 in a research note to investors on Tuesday, August 6th. They now have an “outperform” rating on the stock. Finally, analysts at Citigroup Inc. raised their price target on shares of Cigna Corporation (NYSE:CI) from $69.00 to $81.00 in a research note to investors on Friday, August 2nd. They now have a “neutral” rating on the stock.
Six analysts have rated the stock with a hold rating and twelve have given a buy rating to the company. The stock currently has an average rating of “Buy” and an average price target of $75.41.
Cigna Corporation (NYSE:CI) traded up 0.74% during mid-day trading on Monday, hitting $84.27. 1,165,899 shares of the company’s stock traded hands. Cigna Corporation has a 52 week low of $46.50 and a 52 week high of $84.14. The stock has a 50-day moving average of $78.93 and a 200-day moving average of $70.24. The company has a market cap of $23.835 billion and a price-to-earnings ratio of 16.82.
Cigna Corporation (NYSE:CI) last issued its quarterly earnings data on Thursday, August 1st. The company reported $1.78 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.60 by $0.18. The company had revenue of $7.98 billion for the quarter, compared to the consensus estimate of $7.38 billion. During the same quarter in the previous year, the company posted $1.52 earnings per share. The company’s revenue for the quarter was up 7.5% on a year-over-year basis. On average, analysts predict that Cigna Corporation will post $6.64 earnings per share for the current fiscal year.
Cigna Corporation (NYSE:CI) is a holding company.
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