Primis Financial Corp’s filing revealed that its Director COOK WILLIAM RAND acquired Company’s shares for reported $24972.0 on Mar 14 ’24. In the deal valued at $11.84 per share,2,110 shares were bought. As a result of this transaction, COOK WILLIAM RAND now holds 26,332 shares worth roughly $0.32 million.
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Then, COOK WILLIAM RAND bought 1,650 shares, generating $20,130 in total proceeds. Upon buying the shares at $12.20, the Director now owns 7,537 shares.
Before that, Biagas John Fitzgerald bought 2,100 shares. Primis Financial Corp shares valued at $24,898 were divested by the Director at a price of $11.86 per share. As a result of the transaction, Biagas John Fitzgerald now holds 64,133 shares, worth roughly $0.78 million.
Stephens initiated its Primis Financial Corp [FRST] rating to an Overweight in a research note published on April 04, 2023; the price target was $13. A number of analysts have revised their coverage, including Piper Sandler’s analysts, who increased its forecast for the stock in early February from “a Neutral” to “an Overweight”. Piper Sandler began covering FRST with “Neutral” recommendation on December 05, 2022.
Price Performance Review of FRST
On Friday, Primis Financial Corp [NASDAQ:FRST] saw its stock fall -1.14% to $12.15. Over the last five days, the stock has lost -0.65%. Primis Financial Corp shares have fallen nearly -4.03% since the year began. Nevertheless, the stocks have risen 36.36% over the past one year. While a 52-week high of $13.69 was reached on 01/30/24, a 52-week low of $7.54 was recorded on 06/21/24. SMA at 50 days reached $11.58, while 200 days put it at $11.44.
Levels Of Support And Resistance For FRST Stock
The 24-hour chart illustrates a support level at 11.94, which if violated will result in even more drops to 11.72. On the upside, there is a resistance level at 12.36. A further resistance level may holdings at 12.56. The Relative Strength Index (RSI) on the 14-day chart is 55.83, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 0.35, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bullish at 22.73%. Stochastics %K at 84.24% indicates the stock is a selling.
How much short interest is there in Primis Financial Corp?
A steep rise in short interest was recorded in Primis Financial Corp stocks on 2024-08-15, dropping by 34789.0 shares to a total of 99183.0 shares. Yahoo Finance data shows the prior-month short interest on 2024-07-15 was 0.13 million shares. There was a decline of -35.08%, which implies that there is a negative sentiment for the stock.
