Investors can speculate about the future of a stock by watching how its insiders buy and sell stocks. Federal Realty Investment Trust shares valued at $2,124,057 were sold by BERKES JEFFREY S on Sep 18 ’24. At $115.73 per share, BERKES JEFFREY S sold 18,353 shares. The insider’s holdings dropped to 53,068 shares worth approximately $5.55 million following the completion of this transaction.
Also, Jeffrey Berkes purchased 18,353 shares, netting a total of over 2,122,157 in proceeds.
Before that, WOOD DONALD C had sold 30,292 shares from its account. In a trade valued at $3,519,092, the Chief Executive Officer traded Federal Realty Investment Trust shares for $116.17 each. Upon closing the transaction, the insider’s holdings decreased to 30,292 shares, worth approximately $0.69 million.
As published in a research note from JP Morgan on December 20, 2024, Federal Realty Investment Trust [FRT] has been rated up from a Neutral to an Overweight and the price target has been revised to $125 from $122. Analysts at Citigroup upgraded the stock from ‘”a Neutral”‘ to ‘”a Buy”‘ outlook in a report released in mid September. As of April 22, 2024, Deutsche Bank has increased its “Hold” rating to a “Buy” for FRT. Earlier on February 29, 2024, Wells Fargo upgraded its rating. Their new recommendation was “an Overweight” for FRT stock which previously was a “an Equal weight”.
Analyzing FRT Stock Performance
During the last five days, there has been a drop of approximately -6.60%. Over the course of the year, Federal Realty Investment Trust shares have dropped approximately -6.60%. Shares of the company reached a 52-week high of $111.04 on 01/02/25 and a 52-week low of $103.63 on 01/08/25. A 50-day SMA is recorded $112.69, while a 200-day SMA reached $108.36. Nevertheless, trading volume fell to 0.66 million shares from 0.88 million shares the previous day.
Support And Resistance Levels for Federal Realty Investment Trust (FRT)
According to the 24-hour chart, there is a support level at 103.68, which, if violated, would cause prices to drop to 102.81. In the upper region, resistance lies at 105.38. The next price resistance is at 106.21. RSI (Relative Strength Index) is 28.56 on the 14-day chart, showing oversold technical sentiment. Moving Average Convergence Divergence (MACD) is at -4.52, which suggests the price will decrease in the coming days. Percent R is at 92.22%, indicating bearish price movement. Stochastics %K at buying indicates that the stock is to be held.
