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First Financial Bankshares, Inc. (FFIN) receives a Neutral rating from Janney

First Financial Bankshares, Inc.’s recently made public that its Director Nickles Robert Clark Jr acquired Company’s shares for reported $17794.0 on Feb 07 ’24. In the deal valued at $30.47 per share,584 shares were bought. As a result of this transaction, Nickles Robert Clark Jr now holds 92,970 shares worth roughly $2.7 million.

Then, Hickox Michelle S bought 600 shares, generating $15,750 in total proceeds. Upon buying the shares at $26.25, the EVP/CFO now owns 17,363 shares.

Before that, Nickles Robert Clark Jr bought 674 shares. First Financial Bankshares, Inc. shares valued at $17,672 were divested by the Director at a price of $26.22 per share. As a result of the transaction, Nickles Robert Clark Jr now holds 92,386 shares, worth roughly $2.68 million.

Janney initiated its First Financial Bankshares, Inc. [FFIN] rating to a Neutral in a research note published on August 31, 2021; the price target was $50. A number of analysts have revised their coverage, including Robert W. Baird’s analysts, who began to cover the stock in mid October with a ‘”a Neutral”‘ rating. Keefe Bruyette also remained covering FFIN and has increased its forecast on April 21, 2017 with a “Mkt perform” recommendation from previously “an Underperform” rating. Hovde Group revised its rating on March 22, 2017. It rated FFIN as “a Market perform” which previously was an “an Underperform”.

Price Performance Review of FFIN

On Tuesday, First Financial Bankshares, Inc. [NASDAQ:FFIN] saw its stock fall -0.99% to $29.02. Over the last five days, the stock has lost -9.26%. First Financial Bankshares, Inc. shares have fallen nearly -4.22% since the year began. Nevertheless, the stocks have fallen -0.45% over the past one year. While a 52-week high of $33.15 was reached on 03/08/24, a 52-week low of $22.84 was recorded on 01/17/24. SMA at 50 days reached $31.17, while 200 days put it at $28.84. A total of 0.41 million shares were traded, compared to the trading of 0.32 million shares in the previous session.

Levels Of Support And Resistance For FFIN Stock

The 24-hour chart illustrates a support level at 28.74, which if violated will result in even more drops to 28.47. On the upside, there is a resistance level at 29.32. A further resistance level may holdings at 29.62. The Relative Strength Index (RSI) on the 14-day chart is 35.72, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -1.72, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 94.00%. Stochastics %K at 6.72% indicates the stock is a buying.

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