In a filing, FB Financial Corp revealed its 10% Owner Ayers James W. acquired Company’s shares for reported $0.1 million on Jan 08 ’25. In the deal valued at $50.26 per share,2,000 shares were bought. As a result of this transaction, Ayers James W. now holds 10,915,841 shares worth roughly $571.99 million.
Then, Ayers James W. bought 2,000 shares, generating $96,920 in total proceeds. Upon buying the shares at $48.46, the 10% Owner now owns 10,917,841 shares.
Before that, Ayers James W. bought 2,000 shares. FB Financial Corp shares valued at $102,800 were divested by the 10% Owner at a price of $51.40 per share. As a result of the transaction, Ayers James W. now holds 10,913,841 shares, worth roughly $571.89 million.
Hovde Group downgraded its FB Financial Corp [FBK] rating to a Market perform from a an Outperform in a research note published recently. A number of analysts have revised their coverage, including Hovde Group’s analysts, who remained covering the stock and in late October has reiterated a ‘”an Outperform”‘ rating for it. Piper Sandler also remained covering FBK and has decreased its forecast on July 17, 2024 with a “Neutral” recommendation from previously “an Overweight” rating. Stephens revised its rating on May 23, 2024. It rated FBK as “an Overweight” which previously was an “an Equal-weight”.
Price Performance Review of FBK
On Friday, FB Financial Corp [NYSE:FBK] saw its stock jump 0.33% to $52.40. Over the last five days, the stock has gained 7.38%. FB Financial Corp shares have risen nearly 1.73% since the year began. Nevertheless, the stocks have risen 48.11% over the past one year. While a 52-week high of $58.88 was reached on 01/15/25, a 52-week low of $33.35 was recorded on 01/10/25. SMA at 50 days reached $53.97, while 200 days put it at $45.15.
Levels Of Support And Resistance For FBK Stock
The 24-hour chart illustrates a support level at 51.91, which if violated will result in even more drops to 51.41. On the upside, there is a resistance level at 52.91. A further resistance level may holdings at 53.42. The Relative Strength Index (RSI) on the 14-day chart is 51.46, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 1.25, which suggests price will go up in the next trading period. Percent R suggests that price movement has been bullish at 17.04%. Stochastics %K at 82.27% indicates the stock is a selling.
How much short interest is there in FB Financial Corp?
A steep rise in short interest was recorded in FB Financial Corp stocks on 2024-12-31, dropping by 82133.0 shares to a total of 0.49 million shares. Yahoo Finance data shows the prior-month short interest on 2024-11-29 was 0.57 million shares. There was a decline of -16.67%, which implies that there is a negative sentiment for the stock.
