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Keeping an Eye on F.N.B. Corp. (FNB) After Insider Trading Activity

F.N.B. Corp.’s recent filing unveils that its Director CAMPBELL WILLIAM B acquired Company’s shares for reported $20274.0 on Feb 28 ’24. In the deal valued at $13.52 per share,1,500 shares were bought. As a result of this transaction, CAMPBELL WILLIAM B now holds 146,888 shares worth roughly $1.92 million.

Then, CAMPBELL WILLIAM B bought 2,500 shares, generating $33,522 in total proceeds. Upon buying the shares at $13.41, the Director now owns 145,388 shares.

BofA Securities initiated its F.N.B. Corp. [FNB] rating to a Buy in a research note published on January 11, 2024; the price target was $15. A number of analysts have revised their coverage, including Stephens’s analysts, who began to cover the stock in early April with a ‘”an Overweight”‘ rating. Keefe Bruyette also remained covering FNB and has decreased its forecast on December 13, 2022 with a “Mkt perform” recommendation from previously “an Outperform” rating. Jefferies revised its rating on July 19, 2021. It rated FNB as “a Hold” which previously was an “a Buy”.

Price Performance Review of FNB

On Friday, F.N.B. Corp. [NYSE:FNB] saw its stock fall -0.61% to $13.05. Over the last five days, the stock has lost -3.97%. F.N.B. Corp. shares have fallen nearly -5.23% since the year began. Nevertheless, the stocks have risen 14.78% over the past one year. While a 52-week high of $14.19 was reached on 04/01/24, a 52-week low of $10.09 was recorded on 02/07/24. SMA at 50 days reached $13.43, while 200 days put it at $12.38. A total of 1.73 million shares were traded, compared to the trading of 2.02 million shares in the previous session.

Levels Of Support And Resistance For FNB Stock

The 24-hour chart illustrates a support level at 12.95, which if violated will result in even more drops to 12.85. On the upside, there is a resistance level at 13.11. A further resistance level may holdings at 13.18. The Relative Strength Index (RSI) on the 14-day chart is 38.43, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -0.50, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 88.33%. Stochastics %K at 12.58% indicates the stock is a buying.

The most recent change occurred on May 21, 2021 when Seaport Global Securities began covering the stock and recommended ‘”a Buy”‘ rating.

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