Raymond James Financial, Inc’s recent filing unveils that its EVP, Gen Counsel, Secy Santelli Jonathan N unloaded Company’s shares for reported $0.7 million on Jan 31 ’25. In the deal valued at $168.25 per share,4,160 shares were sold. As a result of this transaction, Santelli Jonathan N now holds 22,879 shares worth roughly $3.77 million.
Then, Santelli Jonathan N bought 4,160 shares, generating $699,887 in total proceeds.
Before that, Elwyn Tashtego S sold 10,000 shares. Raymond James Financial, Inc shares valued at $1,594,650 were divested by the President, PCG at a price of $159.47 per share. As a result of the transaction, Elwyn Tashtego S now holds 32,688 shares, worth roughly $5.38 million.
JP Morgan downgraded its Raymond James Financial, Inc [RJF] rating to a Neutral from a an Overweight in a research note published on January 07, 2025; the price target was increased to $166 from $151. A number of analysts have revised their coverage, including Goldman’s analysts, who increased its forecast for the stock in early January from “a Neutral” to “a Buy”. Wells Fargo also remained covering RJF and has decreased its forecast on December 12, 2024 with a “an Equal weight” recommendation from previously “an Overweight” rating. JMP Securities revised its rating on October 09, 2024. It rated RJF as “a Mkt outperform” which previously was an “a Mkt perform”.
Price Performance Review of RJF
On Tuesday, Raymond James Financial, Inc [NYSE:RJF] saw its stock fall -0.78% to $164.68. Over the last five days, the stock has lost -3.98%. Raymond James Financial, Inc shares have risen nearly 6.02% since the year began. Nevertheless, the stocks have risen 49.05% over the past one year. While a 52-week high of $174.32 was reached on 01/29/25, a 52-week low of $104.24 was recorded on 01/13/25. SMA at 50 days reached $162.62, while 200 days put it at $134.46.
Levels Of Support And Resistance For RJF Stock
The 24-hour chart illustrates a support level at 163.29, which if violated will result in even more drops to 161.90. On the upside, there is a resistance level at 166.38. A further resistance level may holdings at 168.08. The Relative Strength Index (RSI) on the 14-day chart is 50.02, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -2.22, which suggests price will go down in the next trading period. Percent R suggests that price movement has been low at 63.84%. Stochastics %K at 55.29% indicates the stock is a holding.
How much short interest is there in Raymond James Financial, Inc?
A steep rise in short interest was recorded in Raymond James Financial, Inc stocks on 2025-01-15, dropping by -0.85 million shares to a total of 5.02 million shares. Yahoo Finance data shows the prior-month short interest on 2024-12-13 was 5.87 million shares. There was a decline of -16.91%, which implies that there is a negative sentiment for the stock.
The most recent change occurred on September 12, 2024 when Wells Fargo began covering the stock and recommended ‘”an Overweight”‘ rating along with a $138 price target.
