Flagstar Financial Inc.’s filing revealed that its Director Lux Marshall acquired Company’s shares for reported $99891.0 on Mar 21 ’24. In the deal valued at $3.69 per share,27,100 shares were bought. As a result of this transaction, Lux Marshall now holds 64,872 shares worth roughly $0.67 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, Signorille-Browne Julie bought 2,000 shares, generating $9,520 in total proceeds. Upon buying the shares at $4.76, the SEVP & COO now owns 22,188 shares.
Before that, Davis Reginald E bought 1,200 shares. Flagstar Financial Inc. shares valued at $4,920 were divested by the Sr EVP & President of Banking at a price of $4.10 per share. As a result of the transaction, Davis Reginald E now holds 94,317 shares, worth roughly $0.97 million.
Barclays upgraded its Flagstar Financial Inc. [FLG] rating to an Overweight from a an Equal weight in a research note published recently. A number of analysts have revised their coverage, including Wedbush’s analysts, who increased its forecast for the stock in early May from “an Underperform” to “a Neutral”. Piper Sandler also remained covering FLG and has increased its forecast on May 01, 2024 with a “an Overweight” recommendation from previously “Neutral” rating. Raymond James revised its rating on March 18, 2024. It rated FLG as “an Underperform” which previously was an “a Mkt perform”.
Price Performance Review of FLG
On Tuesday, Flagstar Financial Inc. [NYSE:FLG] saw its stock fall -3.11% to $10.28. Over the last five days, the stock has lost -12.73%. Flagstar Financial Inc. shares have fallen nearly -66.50% since the year began. Nevertheless, the stocks have fallen -63.03% over the past one year. While a 52-week high of $34.47 was reached on 01/09/24, a 52-week low of $5.10 was recorded on 03/06/24. SMA at 50 days reached $11.09, while 200 days put it at $11.88.
Levels Of Support And Resistance For FLG Stock
The 24-hour chart illustrates a support level at 9.99, which if violated will result in even more drops to 9.70. On the upside, there is a resistance level at 10.62. A further resistance level may holdings at 10.97. The Relative Strength Index (RSI) on the 14-day chart is 36.75, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -1.07, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 90.19%. Stochastics %K at 11.23% indicates the stock is a buying.
How much short interest is there in Flagstar Financial Inc.?
A steep rise in short interest was recorded in Flagstar Financial Inc. stocks on 2024-10-15, dropping by -1.36 million shares to a total of 39.32 million shares. Yahoo Finance data shows the prior-month short interest on 2024-09-13 was 40.67 million shares. There was a decline of -3.45%, which implies that there is a negative sentiment for the stock.
The most recent change occurred on March 08, 2024 when Barclays began covering the stock and recommended ‘”an Equal weight”‘ rating along with a $4 price target.
