Investors can speculate about the future of a stock by watching how its insiders buy and sell stocks. First Interstate BancSystem Inc. shares valued at $16,824 were sold by HEYNEMAN JOHN M JR on Aug 23 ’24. At $30.59 per share, HEYNEMAN JOHN M JR sold 550 shares. The insider’s holdings dropped to 1,415,151 shares worth approximately $45.23 million following the completion of this transaction.
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
Also, RILEY KEVIN P purchased 6,820 shares, netting a total of over 215,648 in proceeds. Following the buying of shares at $31.62 each, the insider now holds 113,825 shares.
Before that, RILEY KEVIN P had added 4,412 shares to its account. In a trade valued at $132,070, the President & CEO bought First Interstate BancSystem Inc. shares for $29.93 each. Upon closing the transaction, the insider’s holdings increased to 4,412 shares, worth approximately $3.76 million.
As published in a research note from Wells Fargo on October 01, 2024, First Interstate BancSystem Inc. [FIBK] has been rated down from an Equal weight to an Underweight and the price target has been revised to $28 from $30. Analysts at Barclays started covering the stock with ‘”an Equal weight”‘ outlook in a report released in early March. As of October 04, 2023, Wells Fargo has decreased its “an Overweight” rating to a “an Equal weight” for FIBK. Earlier on March 15, 2023, UBS initiated its rating. Their recommendation was “a Neutral” for FIBK stock.
Analyzing FIBK Stock Performance
During the last five days, there has been a drop of approximately -1.66%. Over the course of the year, First Interstate BancSystem Inc. shares have jumped approximately 3.93%. Nevertheless, trading volume fell to 0.54 million shares from 0.56 million shares the previous day.
Support And Resistance Levels for First Interstate BancSystem Inc. (FIBK)
RSI (Relative Strength Index) is 59.08 on the 14-day chart, showing neutral technical sentiment.
