The buying and selling of stock by a company’s insider give investors a sense that the stock will rise or fall in the future. Popular Inc shares valued at $984,683 were sold by MONZON GILBERTO on Feb 06 ’25. At $102.57 per share, MONZON GILBERTO sold 9,600 shares. The insider’s holdings dropped to 39,170 shares worth approximately $3.44 million following the completion of this transaction.
Also, CESTERO LUIS E. sold 10,000 shares, netting a total of over 1,033,969 in proceeds. Following the sale of shares at $103.40 each, the insider now holds 17,147 shares.
Before that, SEPULVEDA ELI had sold 10,000 shares from its account. In a trade valued at $1,050,676, the Executive Vice President traded Popular Inc shares for $105.07 each. Upon closing the transaction, the insider’s holdings decreased to 10,000 shares, worth approximately $2.74 million.
Analysts at Wells Fargo downgraded the stock from ‘”an Overweight”‘ to ‘”an Equal weight”‘ outlook in a report released in early October. Earlier on July 25, 2024, Hovde Group resumed its rating. Their recommendation was “an Outperform” for BPOP stock.
Analyzing BPOP Stock Performance
During the last five days, there has been a drop of approximately -6.39%. Over the course of the year, Popular Inc shares have dropped approximately -6.62%. Shares of the company reached a 52-week high of $106.81 on 02/18/25 and a 52-week low of $85.84 on 03/11/25. A 50-day SMA is recorded $98.58, while a 200-day SMA reached $95.95.
Support And Resistance Levels for Popular Inc (BPOP)
According to the 24-hour chart, there is a support level at 86.94, which, if violated, would cause prices to drop to 86.04. In the upper region, resistance lies at 88.81. The next price resistance is at 89.79. RSI (Relative Strength Index) is 24.90 on the 14-day chart, showing oversold technical sentiment. Moving Average Convergence Divergence (MACD) is at -7.32, which suggests the price will decrease in the coming days. Percent R is at 88.14%, indicating bearish price movement. Stochastics %K at buying indicates that the stock is to be held.
