Regions Financial Corp’s filing revealed that its Director SUQUET JOSE S acquired Company’s shares for reported $13561.0 on Jan 28 ’25. In the deal valued at $24.70 per share,549 shares were bought. As a result of this transaction, SUQUET JOSE S now holds 33,791 shares worth roughly $0.73 million.
Then, SUQUET JOSE S bought 530 shares, generating $12,588 in total proceeds. Upon buying the shares at $23.75, the Director now owns 32,156 shares.
Before that, SUQUET JOSE S bought 525 shares. Regions Financial Corp shares valued at $12,376 were divested by the Director at a price of $23.57 per share. As a result of the transaction, SUQUET JOSE S now holds 32,707 shares, worth roughly $0.7 million.
Morgan Stanley downgraded its Regions Financial Corp [RF] rating to an Equal-weight from a an Overweight in a research note published on December 09, 2024; the price target was increased to $32 from $28. A number of analysts have revised their coverage, including Keefe Bruyette’s analysts, who increased its forecast for the stock in late October from “a Mkt perform” to “an Outperform”. Stephens also remained covering RF and has increased its forecast on October 29, 2024 with a “an Overweight” recommendation from previously “an Equal-weight” rating. Deutsche Bank revised its rating on October 24, 2024. It rated RF as “a Buy” which previously was an “a Hold”.
Price Performance Review of RF
On Monday, Regions Financial Corp [NYSE:RF] saw its stock fall -2.45% to $21.53. Over the last five days, the stock has lost -6.96%. Regions Financial Corp shares have fallen nearly -8.46% since the year began. Nevertheless, the stocks have risen 11.44% over the past one year. While a 52-week high of $27.96 was reached on 01/29/25, a 52-week low of $17.72 was recorded on 03/10/25. SMA at 50 days reached $23.85, while 200 days put it at $22.83.
Levels Of Support And Resistance For RF Stock
The 24-hour chart illustrates a support level at 21.22, which if violated will result in even more drops to 20.90. On the upside, there is a resistance level at 21.93. A further resistance level may holdings at 22.33. The Relative Strength Index (RSI) on the 14-day chart is 26.26, which indicates oversold technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -1.18, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 93.39%. Stochastics %K at 12.11% indicates the stock is a buying.
