Raymond James Financial, Inc.’s recently made public that its Director GARCIA ART A acquired Company’s shares for reported $98715.0 on Feb 09 ’24. In the deal valued at $112.30 per share,879 shares were bought. As a result of this transaction, GARCIA ART A now holds 879 shares worth roughly $0.11 million.
Then, Santelli Jonathan N sold 1,891 shares, generating $211,626 in total proceeds. Upon selling the shares at $111.91, the EVP, Gen Counsel, Secy now owns 21,491 shares.
Before that, Raney Steven M sold 930 shares. Raymond James Financial, Inc. shares valued at $102,691 were divested by the President & CEO RJBank at a price of $110.42 per share. As a result of the transaction, Raney Steven M now holds 55,618 shares, worth roughly $6.78 million.
JP Morgan upgraded its Raymond James Financial, Inc. [RJF] rating to an Overweight from a a Neutral in a research note published on January 10, 2024; the price target was increased to $135 from $110. A number of analysts have revised their coverage, including Jefferies’s analysts, who decreased its forecast for the stock in early January from “a Buy” to “a Hold”. TD Cowen began covering RJF with “Market perform” recommendation on January 04, 2024. Goldman revised its rating on January 03, 2024. It rated RJF as “a Neutral” which previously was an “a Buy”.
Price Performance Review of RJF
On Tuesday, Raymond James Financial, Inc. [NYSE:RJF] saw its stock fall -0.53% to $121.87. Over the last five days, the stock has lost -4.84%. Raymond James Financial, Inc. shares have risen nearly 9.30% since the year began. Nevertheless, the stocks have risen 30.22% over the past one year. While a 52-week high of $131.19 was reached on 04/04/24, a 52-week low of $82.00 was recorded on 01/16/24. SMA at 50 days reached $121.29, while 200 days put it at $109.42. A total of 0.75 million shares were traded, compared to the trading of 1.41 million shares in the previous session.
Levels Of Support And Resistance For RJF Stock
The 24-hour chart illustrates a support level at 120.96, which if violated will result in even more drops to 120.04. On the upside, there is a resistance level at 122.90. A further resistance level may holdings at 123.93. The Relative Strength Index (RSI) on the 14-day chart is 41.86, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -4.47, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 92.09%. Stochastics %K at 5.96% indicates the stock is a buying.
The most recent change occurred on September 19, 2023 when JP Morgan began covering the stock and recommended ‘”a Neutral”‘ rating along with a $121 price target.
