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Investing in First Financial Bankshares, Inc. (FFIN) Is Getting More Attractive

First Financial Bankshares, Inc.’s recently made public that its Director Denny Michael B. acquired Company’s shares for reported $18726.0 on May 03 ’24. In the deal valued at $31.21 per share,600 shares were bought. As a result of this transaction, Denny Michael B. now holds 104,585 shares worth roughly $3.25 million.

Then, Edwards Murray Hamilton bought 325 shares, generating $9,841 in total proceeds. Upon buying the shares at $30.28, the Director now owns 40,834 shares.

Before that, Nickles Robert Clark Jr bought 593 shares. First Financial Bankshares, Inc. shares valued at $17,885 were divested by the Director at a price of $30.16 per share. As a result of the transaction, Nickles Robert Clark Jr now holds 93,563 shares, worth roughly $2.91 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 jump 1.04% to $31.08. Over the last five days, the stock has gained 5.14%. First Financial Bankshares, Inc. shares have risen nearly 2.57% since the year began. Nevertheless, the stocks have risen 11.60% 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 $30.84, while 200 days put it at $28.91. A total of 0.58 million shares were traded, compared to the trading of 0.26 million shares in the previous session.

Levels Of Support And Resistance For FFIN Stock

The 24-hour chart illustrates a support level at 30.81, which if violated will result in even more drops to 30.55. On the upside, there is a resistance level at 31.37. A further resistance level may holdings at 31.66. The Relative Strength Index (RSI) on the 14-day chart is 56.51, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 0.62, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bullish at 10.37%. Stochastics %K at 85.87% indicates the stock is a selling.

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