Fifth Third Bancorp’s filing revealed that its EVP Garrett Kristine R. unloaded Company’s shares for reported $0.3 million on Sep 09 ’24. In the deal valued at $41.72 per share,7,100 shares were sold. As a result of this transaction, Garrett Kristine R. now holds 63,813 shares worth roughly $2.69 million.
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
Then, Garrett Kristine R. bought 7,100 shares, generating $294,153 in total proceeds.
Before that, Schramm Jude sold 20,000 shares. Fifth Third Bancorp shares valued at $840,055 were divested by the EVP & CIO at a price of $42.00 per share. As a result of the transaction, Schramm Jude now holds 114,422 shares, worth roughly $4.82 million.
Wolfe Research upgraded its Fifth Third Bancorp [FITB] rating to an Outperform from a a Peer perform in a research note published recently. A number of analysts have revised their coverage, including JP Morgan’s analysts, who increased its forecast for the stock in early May from “a Neutral” to “an Overweight”. Robert W. Baird also remained covering FITB and has decreased its forecast on April 01, 2024 with a “Neutral” recommendation from previously “an Outperform” rating. Stephens revised its rating on March 19, 2024. It rated FITB as “an Equal-weight” which previously was an “an Overweight”.
Price Performance Review of FITB
On Monday, Fifth Third Bancorp [NASDAQ:FITB] saw its stock jump 0.14% to $42.16. Over the last five days, the stock has lost -1.59%. Fifth Third Bancorp shares have risen nearly 22.24% since the year began. Nevertheless, the stocks have risen 73.43% over the past one year. While a 52-week high of $43.85 was reached on 09/19/24, a 52-week low of $22.49 was recorded on 02/13/24. SMA at 50 days reached $41.47, while 200 days put it at $37.40.
Levels Of Support And Resistance For FITB Stock
The 24-hour chart illustrates a support level at 41.81, which if violated will result in even more drops to 41.45. On the upside, there is a resistance level at 42.51. A further resistance level may holdings at 42.85. The Relative Strength Index (RSI) on the 14-day chart is 51.23, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -0.56, which suggests price will go down in the next trading period. Percent R suggests that price movement has been low at 68.36%. Stochastics %K at 25.15% indicates the stock is a holding.
How much short interest is there in Fifth Third Bancorp?
A steep rise in short interest was recorded in Fifth Third Bancorp stocks on 2024-09-13, dropping by -1.56 million shares to a total of 20.59 million shares. Yahoo Finance data shows the prior-month short interest on 2024-08-15 was 22.15 million shares. There was a decline of -7.58%, which implies that there is a negative sentiment for the stock.
