Fulton Financial Corp’s filing revealed 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 $3.26 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 2.55% to $20.88. Over the last five days, the stock has gained 2.81%. Fulton Financial Corp shares have risen nearly 8.30% since the year began. Nevertheless, the stocks have risen 36.29% 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 $20.37, while 200 days put it at $18.57.
Levels Of Support And Resistance For FULT Stock
The 24-hour chart illustrates a support level at 20.43, which if violated will result in even more drops to 19.99. On the upside, there is a resistance level at 21.15. A further resistance level may holdings at 21.42. The Relative Strength Index (RSI) on the 14-day chart is 56.66, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 0.15, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bullish at 12.80%. Stochastics %K at 65.48% 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.
