Investors can speculate about the future of a stock by watching how its insiders buy and sell stocks. Fulton Financial Corp shares valued at $275,635 were purchased by ANGELA SNYDER on Jan 27 ’25. At $20.69 per share, ANGELA SNYDER acquired 13,322 shares.
Also, Snyder Angela M sold 13,322 shares, netting a total of over 275,635 in proceeds. Following the sale of shares at $20.69 each, the insider now holds 63,682 shares.
Before that, Myers Curtis J had sold 24,192 shares from its account. In a trade valued at $512,007, the Chairman & CEO traded Fulton Financial Corp shares for $21.16 each. Upon closing the transaction, the insider’s holdings decreased to 24,192 shares, worth approximately $3.05 million.
As published in a research note from Hovde Group on January 27, 2025, Fulton Financial Corp [FULT] has been retained to a Market perform and the price target has been revised to $22.50. Analysts at Stephens upgraded the stock from ‘”an Equal-weight”‘ to ‘”an Overweight”‘ outlook in a report released in early December. As of April 29, 2024, Janney has increased its “Neutral” rating to a “Buy” for FULT. Earlier on December 14, 2023, Stephens downgraded its rating. Their new recommendation was “an Equal-weight” for FULT stock which previously was a “an Overweight”.
Analyzing FULT Stock Performance
During the last five days, there has been a drop of approximately -2.98%. Over the course of the year, Fulton Financial Corp shares have jumped approximately 1.30%. Shares of the company reached a 52-week high of $21.40 on 01/22/25 and a 52-week low of $18.76 on 01/10/25. A 50-day SMA is recorded $20.12, while a 200-day SMA reached $18.75. Nevertheless, trading volume fell to 0.74 million shares from 1.06 million shares the previous day.
Support And Resistance Levels for Fulton Financial Corp (FULT)
According to the 24-hour chart, there is a support level at 19.38, which, if violated, would cause prices to drop to 19.22. In the upper region, resistance lies at 19.77. The next price resistance is at 20.01. RSI (Relative Strength Index) is 41.13 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at -0.62, which suggests the price will decrease in the coming days. Percent R is at 88.64%, indicating bearish price movement. Stochastics %K at buying indicates that the stock is to be held.
