Fulton Financial Corp’s recently made public that its Officer ANGELA SNYDER acquired Company’s shares for reported $0.28 million on Jan 27 ’25. In the deal valued at $20.69 per share,13,322 shares were bought.
Then, Snyder Angela M sold 13,322 shares, generating $275,635 in total proceeds. Upon selling the shares at $20.69, the President now owns 63,682 shares.
Before that, Myers Curtis J sold 24,192 shares. Fulton Financial Corp shares valued at $512,007 were divested by the Chairman & CEO at a price of $21.16 per share. As a result of the transaction, Myers Curtis J now holds 155,946 shares, worth roughly $3.17 million.
Hovde Group reiterated its Fulton Financial Corp [FULT] rating to a Market perform in a research note published on January 27, 2025; the price target was $22.50. A number of analysts have revised their coverage, including Stephens’s analysts, who increased its forecast for the stock in early December from “an Equal-weight” to “an Overweight”. Janney also remained covering FULT and has increased its forecast on April 29, 2024 with a “Buy” recommendation from previously “Neutral” rating. Stephens revised its rating on December 14, 2023. It rated FULT as “an Equal-weight” which previously was an “an Overweight”.
Price Performance Review of FULT
On Tuesday, Fulton Financial Corp [NASDAQ:FULT] saw its stock jump 2.84% to $20.31. Over the last five days, the stock has lost -0.64%. Fulton Financial Corp shares have risen nearly 5.34% since the year began. Nevertheless, the stocks have risen 31.12% over the past one year. While a 52-week high of $22.49 was reached on 01/22/25, a 52-week low of $13.87 was recorded on 01/10/25. SMA at 50 days reached $20.45, while 200 days put it at $18.43.
Levels Of Support And Resistance For FULT Stock
The 24-hour chart illustrates a support level at 19.82, which if violated will result in even more drops to 19.32. On the upside, there is a resistance level at 20.63. A further resistance level may holdings at 20.94. The Relative Strength Index (RSI) on the 14-day chart is 51.05, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -0.38, which suggests price will go down in the next trading period. Percent R suggests that price movement has been low at 55.90%. Stochastics %K at 39.41% indicates the stock is a holding.
How much short interest is there in Fulton Financial Corp?
A steep rise in short interest was recorded in Fulton Financial Corp stocks on 2024-12-31, growing by 0.45 million shares to a total of 6.2 million shares. Yahoo Finance data shows the prior-month short interest on 2024-11-29 was 5.75 million shares. There was a rise of 7.24%, which implies that there is a positive sentiment for the stock.
The most recent change occurred on January 10, 2023 when Janney began covering the stock and recommended ‘”a Neutral”‘ rating along with a $19.50 price target.
