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Investing in F.N.B. Corp. (FNB) Is Getting More Attractive

F.N.B. Corp.’s recently made public that its Director CAMPBELL WILLIAM B acquired Company’s shares for reported $33712.0 on Apr 23 ’24. In the deal valued at $13.48 per share,2,500 shares were bought. As a result of this transaction, CAMPBELL WILLIAM B now holds 149,458 shares worth roughly $2.06 million.

Then, CAMPBELL WILLIAM B bought 1,500 shares, generating $20,274 in total proceeds. Upon buying the shares at $13.52, the Director now owns 146,888 shares.

Before that, CAMPBELL WILLIAM B bought 2,500 shares. F.N.B. Corp. shares valued at $33,522 were divested by the Director at a price of $13.41 per share. As a result of the transaction, CAMPBELL WILLIAM B now holds 145,388 shares, worth roughly $2.0 million.

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 jump 1.10% to $13.79. Over the last five days, the stock has gained 0.36%. F.N.B. Corp. shares have risen nearly 0.15% since the year began. Nevertheless, the stocks have risen 28.40% 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 04/18/24. SMA at 50 days reached $13.49, while 200 days put it at $12.50. A total of 2.7 million shares were traded, compared to the trading of 3.36 million shares in the previous session.

Levels Of Support And Resistance For FNB Stock

The 24-hour chart illustrates a support level at 13.66, which if violated will result in even more drops to 13.54. On the upside, there is a resistance level at 13.91. A further resistance level may holdings at 14.04. The Relative Strength Index (RSI) on the 14-day chart is 58.30, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 0.29, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bullish at 10.96%. Stochastics %K at 81.05% indicates the stock is a selling.

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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