Investors can speculate about the future of a stock by watching how its insiders buy and sell stocks. Fidelity National Financial Inc shares valued at $151,908 were sold by Dhanidina Halim on Apr 26 ’24. At $50.64 per share, Dhanidina Halim sold 3,000 shares. The insider’s holdings dropped to 14,906 shares worth approximately $0.78 million following the completion of this transaction.
Also, THOMPSON CARY H sold 23,410 shares, netting a total of over 1,196,473 in proceeds. Following the sale of shares at $51.11 each, the insider now holds 40,317 shares.
Before that, LANE DANIEL D had sold 6,131 shares from its account. In a trade valued at $295,465, the Director traded Fidelity National Financial Inc shares for $48.19 each. Upon closing the transaction, the insider’s holdings decreased to 6,131 shares, worth approximately $14.15 million.
As published in their initiating research note from Deutsche Bank on January 10, 2024, Fidelity National Financial Inc [FNF] has been a Hold. Analysts at Barclays started covering the stock with ‘”an Equal weight”‘ outlook in a report released in mid November. As of October 02, 2023, Keefe Bruyette has decreased its “an Outperform” rating to a “Mkt perform” for FNF.
Analyzing FNF Stock Performance
During the last five days, there has been a surge of approximately 3.97%. Over the course of the year, Fidelity National Financial Inc shares have jumped approximately 2.18%. Shares of the company reached a 52-week high of $53.96 on 04/04/24 and a 52-week low of $46.85 on 04/17/24. A 50-day SMA is recorded $50.64, while a 200-day SMA reached $45.97. Nevertheless, trading volume fell to 1.08 million shares from 1.05 million shares the previous day.
Support And Resistance Levels for Fidelity National Financial Inc (FNF)
According to the 24-hour chart, there is a support level at 51.64, which, if violated, would cause prices to drop to 51.14. In the upper region, resistance lies at 52.54. The next price resistance is at 52.94. RSI (Relative Strength Index) is 59.64 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at 1.45, which suggests the price will increase in the coming days. Percent R is at 18.00%, indicating bullish price movement. Stochastics %K at selling indicates that the stock is to be held.
