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Hovde Group reiterates First Financial Bankshares, Inc (FFIN) rating to a Market perform

First Financial Bankshares, Inc’s recently made public that its Employee – Vice Chairman Thaxton Kirk W acquired Company’s shares for reported $0.75 million on Feb 03 ’25. In the deal valued at $37.26 per share,20,000 shares were bought.

Then, Nickles Robert Clark Jr bought 492 shares, generating $18,622 in total proceeds. Upon buying the shares at $37.85, the Director now owns 94,579 shares.

Before that, Nickles Robert Clark Jr bought 524 shares. First Financial Bankshares, Inc shares valued at $18,455 were divested by the Director at a price of $35.22 per share. As a result of the transaction, Nickles Robert Clark Jr now holds 94,087 shares, worth roughly $3.47 million.

Hovde Group reiterated its First Financial Bankshares, Inc [FFIN] rating to a Market perform in a research note published on October 21, 2024; the price target was $40. A number of analysts have revised their coverage, including Janney’s analysts, who began to cover the stock in late August with a ‘”a Neutral”‘ rating. Robert W. Baird began covering FFIN with “Neutral” recommendation on October 16, 2018. Keefe Bruyette revised its rating on April 21, 2017. It rated FFIN as “a Mkt perform” which previously was an “an Underperform”.

Price Performance Review of FFIN

On Tuesday, First Financial Bankshares, Inc [NASDAQ:FFIN] saw its stock fall -2.30% to $36.88. Over the last five days, the stock has lost -0.89%. First Financial Bankshares, Inc shares have risen nearly 2.30% since the year began. Nevertheless, the stocks have risen 19.20% over the past one year. While a 52-week high of $44.66 was reached on 01/27/25, a 52-week low of $27.62 was recorded on 01/13/25. SMA at 50 days reached $36.96, while 200 days put it at $35.84.

Levels Of Support And Resistance For FFIN Stock

The 24-hour chart illustrates a support level at 36.50, which if violated will result in even more drops to 36.11. On the upside, there is a resistance level at 37.52. A further resistance level may holdings at 38.16. The Relative Strength Index (RSI) on the 14-day chart is 45.45, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 0.19, which suggests price will go down in the next trading period. Percent R suggests that price movement has been low at 63.40%. Stochastics %K at 61.11% indicates the stock is a holding.

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