First Horizon Corporation’s recently made public that its Chairman, President & CEO JORDAN D BRYAN unloaded Company’s shares for reported $2.32 million on Jan 22 ’25. In the deal valued at $21.13 per share,109,980 shares were sold. As a result of this transaction, JORDAN D BRYAN now holds 1,861,381 shares worth roughly $ 41.27 million.
Then, JORDAN D BRYAN bought 109,980 shares, generating $2,323,651 in total proceeds.
Before that, Fleming Jeff L. sold 8,025 shares. First Horizon Corporation shares valued at $165,716 were divested by the EVP & Chief Accounting Officer at a price of $20.65 per share. As a result of the transaction, Fleming Jeff L. now holds 124,699 shares, worth roughly $2.76 million.
A number of analysts have revised their coverage, including Wedbush’s analysts, who decreased its forecast for the stock in late September from “an Outperform” to “a Neutral”. Raymond James also remained covering FHN and has decreased its forecast on July 18, 2024 with a “an Outperform” recommendation from previously “Strong buy” rating. Keefe Bruyette revised its rating on July 17, 2024. It rated FHN as “a Mkt perform” which previously was an “an Outperform”.
Price Performance Review of FHN
On Tuesday, First Horizon Corporation [NYSE:FHN] saw its stock jump 0.32% to $22.17. Over the last five days, the stock has gained 0.41%. First Horizon Corporation shares have risen nearly 10.08% since the year began. Nevertheless, the stocks have risen 59.04% over the past one year. While a 52-week high of $22.44 was reached on 02/11/25, a 52-week low of $13.72 was recorded on 01/03/25. SMA at 50 days reached $20.92, while 200 days put it at $17.57.
Levels Of Support And Resistance For FHN Stock
The 24-hour chart illustrates a support level at 22.04, which if violated will result in even more drops to 21.91. On the upside, there is a resistance level at 22.27. A further resistance level may holdings at 22.37. The Relative Strength Index (RSI) on the 14-day chart is 60.14, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 0.07, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bullish at 19.71%. Stochastics %K at 78.41% indicates the stock is a holding.
