Frontdoor Inc’s recent filing unveils that its SVP & Chief Revenue Officer Collins Kathryn M unloaded Company’s shares for reported $1.5 million on Dec 10 ’24. In the deal valued at $58.06 per share,25,784 shares were sold. As a result of this transaction, Collins Kathryn M now holds 9,429 shares worth roughly $0.52 million.
Then, Iverson Evan sold 16,000 shares, generating $941,494 in total proceeds. Upon selling the shares at $58.84, the SVP & Chief Operating Officer now owns 4,955 shares.
Before that, Iverson Evan bought 16,000 shares. Frontdoor Inc shares valued at $941,494 were divested by the Officer at a price of $58.84 per share.
William Blair upgraded its Frontdoor Inc [FTDR] rating to an Outperform from a a Mkt perform in a research note published recently. A number of analysts have revised their coverage, including Truist’s analysts, who increased its forecast for the stock in early October from “a Hold” to “a Buy”. JP Morgan also remained covering FTDR and has increased its forecast on May 04, 2023 with a “an Overweight” recommendation from previously “Neutral” rating. William Blair revised its rating on November 04, 2022. It rated FTDR as “a Mkt perform” which previously was an “an Outperform”.
Price Performance Review of FTDR
On Monday, Frontdoor Inc [NASDAQ:FTDR] saw its stock jump 0.46% to $55.14. Over the last five days, the stock has lost -0.97%. Frontdoor Inc shares have risen nearly 0.86% since the year began. Nevertheless, the stocks have risen 64.55% over the past one year. While a 52-week high of $60.42 was reached on 01/02/25, a 52-week low of $29.41 was recorded on 01/06/25. SMA at 50 days reached $55.89, while 200 days put it at $43.64.
Levels Of Support And Resistance For FTDR Stock
The 24-hour chart illustrates a support level at 54.57, which if violated will result in even more drops to 54.01. On the upside, there is a resistance level at 55.72. A further resistance level may holdings at 56.31. The Relative Strength Index (RSI) on the 14-day chart is 44.53, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -0.86, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 79.89%. Stochastics %K at 16.57% indicates the stock is a buying.
How much short interest is there in Frontdoor Inc?
A steep rise in short interest was recorded in Frontdoor Inc stocks on 2024-12-13, dropping by -0.49 million shares to a total of 2.33 million shares. Yahoo Finance data shows the prior-month short interest on 2024-11-15 was 2.82 million shares. There was a decline of -21.0%, which implies that there is a negative sentiment for the stock.
