Investors can speculate about the future of a stock by watching how its insiders buy and sell stocks. Frontier Communications Parent Inc shares valued at $1,296,360 were sold by Harrobin John on Mar 03 ’25. At $36.01 per share, Harrobin John sold 36,000 shares. The insider’s holdings dropped to 76,523 shares worth approximately $2.76 million following the completion of this transaction.
Also, Harrobin John purchased 36,000 shares, netting a total of over 1,296,369 in proceeds.
Before that, ARES MANAGEMENT LLC had sold 11,500,000 shares from its account. In a trade valued at $395,255,000, the 10% Owner traded Frontier Communications Parent Inc shares for $34.37 each. Upon closing the transaction, the insider’s holdings decreased to 11,500,000 shares, worth approximately $861.94 million.
As published in a research note from Raymond James on February 06, 2025, Frontier Communications Parent Inc [FYBR] has been rated down from a Mkt perform to an Underperform. Analysts at The Benchmark Company downgraded the stock from ‘”a Buy”‘ to ‘”a Hold”‘ outlook in a report released in early December. As of October 28, 2024, Raymond James has decreased its “Strong buy” rating to a “Mkt perform” for FYBR. Earlier on October 08, 2024, TD Cowen downgraded its rating. Their new recommendation was “a Hold” for FYBR stock which previously was a “a Buy”.
Analyzing FYBR Stock Performance
During the last five days, there has been a surge of approximately 0.28%. Over the course of the year, Frontier Communications Parent Inc shares have jumped approximately 3.83%. Shares of the company reached a 52-week high of $36.06 on 03/05/25 and a 52-week low of $34.71 on 01/02/25. A 50-day SMA is recorded $35.52, while a 200-day SMA reached $32.21.
Support And Resistance Levels for Frontier Communications Parent Inc (FYBR)
According to the 24-hour chart, there is a support level at 35.94, which, if violated, would cause prices to drop to 35.85. In the upper region, resistance lies at 36.09. The next price resistance is at 36.14. RSI (Relative Strength Index) is 64.29 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at 0.14, which suggests the price will decrease in the coming days. Percent R is at 6.85%, indicating bullish price movement. Stochastics %K at holding indicates that the stock is to be held.
