First American Financial Corp’s filing revealed that its EVP & Chief Financial Officer Seaton Mark Edward unloaded Company’s shares for reported $2.44 million on Feb 25 ’25. In the deal valued at $65.27 per share,37,321 shares were sold. As a result of this transaction, Seaton Mark Edward now holds 158,491 shares worth roughly $10.32 million.
Then, Cornehl Lisa W sold 3,057 shares, generating $200,216 in total proceeds. Upon selling the shares at $65.49, the SVP, Chief Legal Officer now owns 23,825 shares.
Before that, Seaton Mark Edward sold 12,679 shares. First American Financial Corp shares valued at $814,947 were divested by the EVP & Chief Financial Officer at a price of $64.28 per share. As a result of the transaction, Seaton Mark Edward now holds 195,812 shares, worth roughly $12.75 million.
Keefe Bruyette downgraded its First American Financial Corp [FAF] rating to a Mkt perform from a an Outperform in a research note published recently. A number of analysts have revised their coverage, including Keefe Bruyette’s analysts, who increased its forecast for the stock in late March from “a Mkt perform” to “an Outperform”. Deutsche Bank began covering FAF with “Buy” recommendation on January 10, 2024. Barclays started covering the stock on November 15, 2023. It rated FAF as “an Equal weight”.
Price Performance Review of FAF
On Monday, First American Financial Corp [NYSE:FAF] saw its stock fall -0.87% to $65.12. Over the last five days, the stock has gained 1.93%. First American Financial Corp shares have risen nearly 4.29% since the year began. Nevertheless, the stocks have risen 13.33% over the past one year. While a 52-week high of $70.92 was reached on 03/03/25, a 52-week low of $51.60 was recorded on 01/13/25. SMA at 50 days reached $62.73, while 200 days put it at $61.69.
Levels Of Support And Resistance For FAF Stock
The 24-hour chart illustrates a support level at 64.62, which if violated will result in even more drops to 64.13. On the upside, there is a resistance level at 65.93. A further resistance level may holdings at 66.75. The Relative Strength Index (RSI) on the 14-day chart is 57.43, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 0.98, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bullish at 25.98%. Stochastics %K at 80.39% indicates the stock is a selling.
