In a filing, FirstCash Holdings Inc revealed its Director Rippel Douglas Richard unloaded Company’s shares for reported $2.07 million on Mar 15 ’24. In the deal valued at $118.73 per share,17,395 shares were sold. As a result of this transaction, Rippel Douglas Richard now holds 5,466,973 shares worth roughly $632.58 million.
Then, Rippel Douglas Richard sold 18,393 shares, generating $2,162,833 in total proceeds. Upon selling the shares at $117.59, the Director now owns 5,484,368 shares.
Before that, Rippel Douglas Richard sold 21,852 shares. FirstCash Holdings Inc shares valued at $2,620,055 were divested by the Director at a price of $119.90 per share. As a result of the transaction, Rippel Douglas Richard now holds 5,502,761 shares, worth roughly $636.72 million.
TD Cowen upgraded its FirstCash Holdings Inc [FCFS] rating to a Buy from a a Hold in a research note published on April 10, 2024; the price target was increased to $145 from $130. A number of analysts have revised their coverage, including TD Cowen’s analysts, who began to cover the stock in early November with a ‘”a Market perform”‘ rating. Stephens also remained covering FCFS and has increased its forecast on January 05, 2023 with a “an Overweight” recommendation from previously “an Equal-weight” rating. Credit Suisse started covering the stock on December 14, 2022. It rated FCFS as “a Neutral”.
Price Performance Review of FCFS
On Friday, FirstCash Holdings Inc [NASDAQ:FCFS] saw its stock jump 0.96% to $115.71. Over the last five days, the stock has lost -11.27%. FirstCash Holdings Inc shares have risen nearly 6.75% since the year began. Nevertheless, the stocks have risen 21.40% over the past one year. While a 52-week high of $133.64 was reached on 04/24/24, a 52-week low of $88.05 was recorded on 01/04/24. SMA at 50 days reached $121.96, while 200 days put it at $108.63. A total of 0.62 million shares were traded, compared to the trading of 0.35 million shares in the previous session.
Levels Of Support And Resistance For FCFS Stock
The 24-hour chart illustrates a support level at 112.79, which if violated will result in even more drops to 109.88. On the upside, there is a resistance level at 117.93. A further resistance level may holdings at 120.16. The Relative Strength Index (RSI) on the 14-day chart is 34.11, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -7.39, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 83.24%. Stochastics %K at 34.71% indicates the stock is a holding.
