Investors can expect a company’s stock to rise or fall based on the buying and selling of stock by its insiders. First American Financial Corp shares valued at $2,436,110 were sold by Seaton Mark Edward on Feb 25 ’25. At $65.27 per share, Seaton Mark Edward sold 37,321 shares. The insider’s holdings dropped to 158,491 shares worth approximately $10.21 million following the completion of this transaction.
Also, Cornehl Lisa W sold 3,057 shares, netting a total of over 200,216 in proceeds. Following the sale of shares at $65.49 each, the insider now holds 23,825 shares.
Before that, Seaton Mark Edward had sold 12,679 shares from its account. In a trade valued at $814,947, the EVP & Chief Financial Officer traded First American Financial Corp shares for $64.28 each. Upon closing the transaction, the insider’s holdings decreased to 12,679 shares, worth approximately $12.61 million.
As published in a research note from Keefe Bruyette on December 10, 2024, First American Financial Corp [FAF] has been rated down from an Outperform to a Mkt perform and the price target has been revised to $80. Analysts at Keefe Bruyette upgraded the stock from ‘”a Mkt perform”‘ to ‘”an Outperform”‘ outlook in a report released in late March. As of January 10, 2024, Deutsche Bank has initiated its “Buy” rating for FAF. Earlier on November 15, 2023, Barclays initiated its rating. Their recommendation was “an Equal weight” for FAF stock.
Analyzing FAF Stock Performance
During the last five days, there has been a surge of approximately 1.95%. Over the course of the year, First American Financial Corp shares have jumped approximately 3.17%. Shares of the company reached a 52-week high of $65.61 on 02/25/25 and a 52-week low of $57.25 on 01/13/25. A 50-day SMA is recorded $62.74, while a 200-day SMA reached $61.60.
Support And Resistance Levels for First American Financial Corp (FAF)
According to the 24-hour chart, there is a support level at 63.68, which, if violated, would cause prices to drop to 62.94. In the upper region, resistance lies at 65.21. The next price resistance is at 66.00. RSI (Relative Strength Index) is 55.18 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at 0.94, which suggests the price will decrease in the coming days. Percent R is at 32.08%, indicating low price movement. Stochastics %K at holding indicates that the stock is to be held.
