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Recent Insider Activity Could Benefit Fidelity National Financial Inc (FNF)

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 $1.9 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 $0.84 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 -2.20% to $47.11. Over the last five days, the stock has lost -10.74%. Fidelity National Financial Inc shares have fallen nearly -7.66% since the year began. Nevertheless, the stocks have risen 33.00% 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 04/16/24. SMA at 50 days reached $50.91, while 200 days put it at $44.92. A total of 1.66 million shares were traded, compared to the trading of 1.39 million shares in the previous session.

Levels Of Support And Resistance For FNF Stock

The 24-hour chart illustrates a support level at 46.80, which if violated will result in even more drops to 46.50. On the upside, there is a resistance level at 47.69. A further resistance level may holdings at 48.28. The Relative Strength Index (RSI) on the 14-day chart is 32.98, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -3.02, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 99.56%. Stochastics %K at 7.87% indicates the stock is a buying.

The most recent change occurred on February 02, 2022 when BTIG Research began covering the stock and recommended ‘”a Neutral”‘ rating.

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