KD Logo

A company insider recently sold 125,000 shares of F.N.B. Corp [FNB]. Should You Sale?

ZOM Stock

Investors can expect a company’s stock to rise or fall based on the buying and selling of stock by its insiders. F.N.B. Corp shares valued at $2,062,625 were sold by DELIE VINCENT J JR on Dec 06 ’24. At $16.50 per share, DELIE VINCENT J JR sold 125,000 shares. The insider’s holdings dropped to 1,652,229 shares worth approximately $24.68 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, DELIE VINCENT J JR purchased 125,000 shares, netting a total of over 2,062,653 in proceeds.

Before that, CAMPBELL WILLIAM B had added 2,500 shares to its account. In a trade valued at $33,712, the Director bought F.N.B. Corp shares for $13.48 each. Upon closing the transaction, the insider’s holdings increased to 2,500 shares, worth approximately $2.23 million.

As published in their initiating research note from BofA Securities on January 11, 2024, F.N.B. Corp [FNB] has been a Buy and the price target has been revised to $15. Analysts at Stephens started covering the stock with ‘”an Overweight”‘ outlook in a report released in early April. As of December 13, 2022, Keefe Bruyette has decreased its “an Outperform” rating to a “Mkt perform” for FNB. Earlier on July 19, 2021, Jefferies downgraded its rating. Their new recommendation was “a Hold” for FNB stock which previously was a “a Buy”.

Analyzing FNB Stock Performance

During the last five days, there has been a drop of approximately -3.05%. Over the course of the year, F.N.B. Corp shares have jumped approximately 8.50%. Shares of the company reached a 52-week high of $17.70 on 11/25/24 and a 52-week low of $12.49 on 04/18/24. A 50-day SMA is recorded $15.68, while a 200-day SMA reached $14.31. Nevertheless, trading volume fell to 0.73 million shares from 2.36 million shares the previous day.

Support And Resistance Levels for F.N.B. Corp (FNB)

According to the 24-hour chart, there is a support level at 14.80, which, if violated, would cause prices to drop to 14.66. In the upper region, resistance lies at 15.02. The next price resistance is at 15.09. RSI (Relative Strength Index) is 37.26 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at -0.84, which suggests the price will decrease in the coming days. Percent R is at 75.29%, indicating bearish price movement. Stochastics %K at buying indicates that the stock is to be held.

Most Popular