Cigna Group (NYSE:CI) Insider Nicole Jones Sells 2,677 Shares

Cigna Group (NYSE:CI) insider Nicole Jones sold 2,677 shares of the business’s stock in a transaction on Tuesday, August 18th. The stock was sold at an average price of $279.61, for a total value of $748,515.97. Following the transaction, the insider owned 25,880 shares in the company, valued at approximately $7,236,306.80. This trade represents a 9.37% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

Cigna Group Stock Down 1.1%

Cigna Group stock traded down $2.95 during midday trading on Thursday, reaching $274.50. The company’s stock had a trading volume of 1,088,093 shares, compared to its average volume of 1,696,515. The company has a debt-to-equity ratio of 0.68, a current ratio of 0.76 and a quick ratio of 0.76. The stock has a market capitalization of $72.53 billion, a P/E ratio of 11.36, a PEG ratio of 0.96 and a beta of 0.29. The stock’s 50-day simple moving average is $285.03 and its 200-day simple moving average is $281.41. Cigna Group has a 52-week low of $239.51 and a 52-week high of $315.47.

Cigna Group (NYSE:CI) last issued its quarterly earnings results on Thursday, July 30th. The health services provider reported $7.78 earnings per share for the quarter, topping analysts’ consensus estimates of $7.60 by $0.18. The business had revenue of $70.04 billion for the quarter, compared to analyst estimates of $70.14 billion. Cigna Group had a return on equity of 19.75% and a net margin of 2.27%.The company’s revenue was up 6.7% on a year-over-year basis. During the same quarter in the previous year, the firm earned $7.20 earnings per share. Cigna Group has set its FY 2026 guidance at 30.450- EPS. On average, sell-side analysts expect that Cigna Group will post 30.51 EPS for the current year.

Cigna Group Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Wednesday, September 23rd. Shareholders of record on Tuesday, September 8th will be issued a $1.56 dividend. The ex-dividend date of this dividend is Tuesday, September 8th. This represents a $6.24 dividend on an annualized basis and a dividend yield of 2.3%. Cigna Group’s dividend payout ratio (DPR) is currently 25.82%.

Wall Street Analysts Forecast Growth

Several equities analysts recently issued reports on the company. Mizuho upped their target price on Cigna Group from $330.00 to $340.00 and gave the company an “outperform” rating in a research report on Monday, June 8th. UBS Group lifted their price target on Cigna Group from $375.00 to $400.00 and gave the stock a “buy” rating in a research report on Friday, May 22nd. Wall Street Zen downgraded Cigna Group from a “buy” rating to a “hold” rating in a research note on Saturday, August 1st. Cantor Fitzgerald increased their price objective on Cigna Group from $325.00 to $340.00 and gave the company an “overweight” rating in a report on Friday, May 1st. Finally, Deutsche Bank Aktiengesellschaft cut Cigna Group from a “buy” rating to a “hold” rating and reduced their price objective for the stock from $303.00 to $302.00 in a research note on Wednesday, May 20th. Fifteen investment analysts have rated the stock with a Buy rating and seven have assigned a Hold rating to the stock. Based on data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average target price of $339.45.

Institutional Trading of Cigna Group

Hedge funds and other institutional investors have recently made changes to their positions in the business. Wilkerson Advisory Group LLC acquired a new position in Cigna Group during the fourth quarter valued at $25,000. Osbon Capital Management LLC acquired a new position in shares of Cigna Group in the 2nd quarter valued at about $26,000. Cedar Mountain Advisors LLC boosted its stake in shares of Cigna Group by 161.9% in the first quarter. Cedar Mountain Advisors LLC now owns 110 shares of the health services provider’s stock worth $29,000 after buying an additional 68 shares during the last quarter. Johnson Financial Group Inc. purchased a new stake in shares of Cigna Group in the second quarter worth about $29,000. Finally, Fiduciary Financial Advisors acquired a new stake in Cigna Group during the second quarter worth about $29,000. Institutional investors and hedge funds own 86.99% of the company’s stock.

Cigna Group Company Profile

Cigna Group (NYSE: CI) is a global health services company that offers a broad portfolio of healthcare products and insurance solutions for individuals, employers, and governments. Its core businesses include medical and behavioral health plans, dental and vision coverage, pharmacy benefit management, and supplemental health products. Cigna serves a mix of commercial, Medicare, and Medicaid customers and provides workplace benefits such as group health plans and disability and life benefits for employers.

In addition to traditional insurance products, Cigna operates health services and care-delivery platforms designed to manage costs and improve outcomes.