First Horizon Corporation’s recent filing unveils that its Director BARTON HARRY V JR acquired Company’s shares for reported $26544.0 on Feb 20 ’25. In the deal valued at $22.12 per share,1,200 shares were bought.
Then, JORDAN D BRYAN sold 109,980 shares, generating $2,323,651 in total proceeds. Upon selling the shares at $21.13, the Chairman, President & CEO now owns 1,861,381 shares.
Before that, JORDAN D BRYAN bought 109,980 shares. First Horizon Corporation shares valued at $2,323,651 were divested by the Officer at a price of $21.13 per share.
A number of analysts have revised their coverage, including Wedbush’s analysts, who decreased its forecast for the stock in late September from “an Outperform” to “a Neutral”. Raymond James also remained covering FHN and has decreased its forecast on July 18, 2024 with a “an Outperform” recommendation from previously “Strong buy” rating. Keefe Bruyette revised its rating on July 17, 2024. It rated FHN as “a Mkt perform” which previously was an “an Outperform”.
Price Performance Review of FHN
On Monday, First Horizon Corporation [NYSE:FHN] saw its stock fall -0.95% to $18.85. Over the last five days, the stock has gained 6.50%. First Horizon Corporation shares have fallen nearly -6.41% since the year began. Nevertheless, the stocks have risen 26.77% over the past one year. While a 52-week high of $22.44 was reached on 02/11/25, a 52-week low of $13.72 was recorded on 03/10/25. SMA at 50 days reached $20.83, while 200 days put it at $17.96.
Levels Of Support And Resistance For FHN Stock
The 24-hour chart illustrates a support level at 18.70, which if violated will result in even more drops to 18.55. On the upside, there is a resistance level at 19.07. A further resistance level may holdings at 19.29. The Relative Strength Index (RSI) on the 14-day chart is 38.62, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -0.74, which suggests price will go down in the next trading period. Percent R suggests that price movement has been low at 68.43%. Stochastics %K at 29.93% indicates the stock is a holding.
How much short interest is there in First Horizon Corporation?
A steep rise in short interest was recorded in First Horizon Corporation stocks on 2025-02-28, growing by 0.82 million shares to a total of 10.99 million shares. Yahoo Finance data shows the prior-month short interest on 2025-01-31 was 10.17 million shares. There was a rise of 7.47%, which implies that there is a positive sentiment for the stock.
