Primis Financial Corp’s filing revealed that its Director KABBASH CHARLES A unloaded Company’s shares for reported $0.14 million on Dec 13 ’24. In the deal valued at $12.19 per share,11,183 shares were sold. As a result of this transaction, KABBASH CHARLES A now holds 65,000 shares worth roughly $0.76 million.
Then, GARRETT F L III bought 3,660 shares, generating $45,104 in total proceeds. Upon buying the shares at $12.32, the Director now owns 41,169 shares.
Before that, Johnson Eric Alan bought 2,000 shares. Primis Financial Corp shares valued at $24,850 were divested by the Director at a price of $12.43 per share. As a result of the transaction, Johnson Eric Alan now holds 34,142 shares, worth roughly $0.4 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 Tuesday, Primis Financial Corp [NASDAQ:FRST] saw its stock jump 0.34% to $11.75. Over the last five days, the stock has lost -5.96%. Primis Financial Corp shares have fallen nearly -9.08% since the year began. Nevertheless, the stocks have fallen -7.99% over the past one year. While a 52-week high of $13.69 was reached on 01/30/24, a 52-week low of $9.52 was recorded on 06/21/24. SMA at 50 days reached $12.10, while 200 days put it at $11.46.
Levels Of Support And Resistance For FRST Stock
The 24-hour chart illustrates a support level at 11.66, which if violated will result in even more drops to 11.57. On the upside, there is a resistance level at 11.80. A further resistance level may holdings at 11.86. The Relative Strength Index (RSI) on the 14-day chart is 36.66, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -0.36, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 71.43%. Stochastics %K at 31.93% indicates the stock is a holding.
How much short interest is there in Primis Financial Corp?
A steep rise in short interest was recorded in Primis Financial Corp stocks on 2024-11-29, dropping by 559.0 shares to a total of 80399.0 shares. Yahoo Finance data shows the prior-month short interest on 2024-10-31 was 80958.0 shares. There was a decline of -0.7%, which implies that there is a negative sentiment for the stock.
