Popular Inc’s filing revealed that its EXECUTIVE VICE PRESIDENT MONZON GILBERTO unloaded Company’s shares for reported $0.98 million on Feb 06 ’25. In the deal valued at $102.57 per share,9,600 shares were sold. As a result of this transaction, MONZON GILBERTO now holds 39,170 shares worth roughly $3.94 million.
Then, CESTERO LUIS E. sold 10,000 shares, generating $1,033,969 in total proceeds. Upon selling the shares at $103.40, the Executive Vice President now owns 17,147 shares.
Before that, SEPULVEDA ELI sold 10,000 shares. Popular Inc shares valued at $1,050,676 were divested by the Executive Vice President at a price of $105.07 per share. As a result of the transaction, SEPULVEDA ELI now holds 31,194 shares, worth roughly $3.14 million.
A number of analysts have revised their coverage, including Wells Fargo’s analysts, who decreased its forecast for the stock in early October from “an Overweight” to “an Equal weight”. Hovde Group maintained its rating on July 25, 2024. It rated BPOP as “an Outperform”.
Price Performance Review of BPOP
On Friday, Popular Inc [NASDAQ:BPOP] saw its stock fall -3.15% to $100.69. Over the last five days, the stock has lost -2.24%. Popular Inc shares have risen nearly 7.05% since the year began. Nevertheless, the stocks have risen 18.74% over the past one year. While a 52-week high of $106.81 was reached on 02/18/25, a 52-week low of $80.60 was recorded on 01/03/25. SMA at 50 days reached $98.58, while 200 days put it at $95.66.
Levels Of Support And Resistance For BPOP Stock
The 24-hour chart illustrates a support level at 99.35, which if violated will result in even more drops to 98.02. On the upside, there is a resistance level at 103.32. A further resistance level may holdings at 105.96. The Relative Strength Index (RSI) on the 14-day chart is 47.18, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 0.34, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 85.83%. Stochastics %K at 51.10% indicates the stock is a holding.
The most recent change occurred on April 24, 2024 when Hovde Group resumed its ‘”an Outperform”‘ rating for the stock and retained the price target to $113.
