Fidelity National Financial Inc’s recently made public that its Director THOMPSON CARY H unloaded Company’s shares for reported $1.2 million on Mar 04 ’24. In the deal valued at $51.11 per share,23,410 shares were sold. As a result of this transaction, THOMPSON CARY H now holds 40,317 shares worth roughly $2.13 million.
Then, LANE DANIEL D sold 6,131 shares, generating $295,465 in total proceeds. Upon selling the shares at $48.19, the Director now owns 271,495 shares.
Before that, Dhanidina Halim sold 3,265 shares. Fidelity National Financial Inc shares valued at $161,095 were divested by the Director at a price of $49.34 per share. As a result of the transaction, Dhanidina Halim now holds 17,906 shares, worth roughly $0.95 million.
Deutsche Bank initiated its Fidelity National Financial Inc [FNF] rating to a Hold in a research note published recently. A number of analysts have revised their coverage, including Barclays’s analysts, who began to cover the stock in mid November with a ‘”an Equal weight”‘ rating. Keefe Bruyette also remained covering FNF and has decreased its forecast on October 02, 2023 with a “Mkt perform” recommendation from previously “an Outperform” rating.
Price Performance Review of FNF
On Tuesday, Fidelity National Financial Inc [NYSE:FNF] saw its stock fall -0.32% to $52.78. Over the last five days, the stock has gained 1.48%. Fidelity National Financial Inc shares have risen nearly 3.45% since the year began. Nevertheless, the stocks have risen 52.50% over the past one year. While a 52-week high of $53.96 was reached on 04/04/24, a 52-week low of $32.02 was recorded on 01/05/24. SMA at 50 days reached $51.15, while 200 days put it at $44.59. A total of 1.6 million shares were traded, compared to the trading of 1.75 million shares in the previous session.
Levels Of Support And Resistance For FNF Stock
The 24-hour chart illustrates a support level at 52.41, which if violated will result in even more drops to 52.03. On the upside, there is a resistance level at 53.31. A further resistance level may holdings at 53.83. The Relative Strength Index (RSI) on the 14-day chart is 57.48, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 0.56, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bullish at 25.66%. Stochastics %K at 75.10% indicates the stock is a holding.
How much short interest is there in Fidelity National Financial Inc?
A steep rise in short interest was recorded in Fidelity National Financial Inc stocks on Feb 15, 2023, dropping by -0.16 million shares to a total of 3.96 million shares. Yahoo Finance data shows the prior-month short interest on Dec 30, 2022 was 4.12 million shares. There was a decline of -4.04%, which implies that there is a negative sentiment for the stock. In spite of short shares comprising just 1.76% of the overall stock float, the days-to-cover ratio (short ratio) fell to 3.37.
The most recent change occurred on February 02, 2022 when BTIG Research began covering the stock and recommended ‘”a Neutral”‘ rating.
