Investors can speculate about the future of a stock by watching how its insiders buy and sell stocks. First Horizon Corporation shares valued at $26,544 were purchased by BARTON HARRY V JR on Feb 20 ’25. At $22.12 per share, BARTON HARRY V JR acquired 1,200 shares.
Also, JORDAN D BRYAN sold 109,980 shares, netting a total of over 2,323,651 in proceeds. Following the sale of shares at $21.13 each, the insider now holds 1,861,381 shares.
Before that, JORDAN D BRYAN had added 109,980 shares to its account. In a trade valued at $2,323,651, the Officer bought First Horizon Corporation shares for $21.13 each.
Analysts at Wedbush downgraded the stock from ‘”an Outperform”‘ to ‘”a Neutral”‘ outlook in a report released in late September. As of July 18, 2024, Raymond James has decreased its “Strong buy” rating to a “an Outperform” for FHN. Earlier on July 17, 2024, Keefe Bruyette downgraded its rating. Their new recommendation was “a Mkt perform” for FHN stock which previously was a “an Outperform”.
Analyzing FHN Stock Performance
During the last five days, there has been a surge of approximately 0.31%. Over the course of the year, First Horizon Corporation shares have dropped approximately -4.27%. Shares of the company reached a 52-week high of $22.44 on 02/11/25 and a 52-week low of $17.50 on 03/10/25. A 50-day SMA is recorded $20.67, while a 200-day SMA reached $18.12.
Support And Resistance Levels for First Horizon Corporation (FHN)
According to the 24-hour chart, there is a support level at 19.14, which, if violated, would cause prices to drop to 19.01. In the upper region, resistance lies at 19.55. The next price resistance is at 19.83. RSI (Relative Strength Index) is 44.19 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at 0.56, which suggests the price will decrease in the coming days. Percent R is at 30.39%, indicating low price movement. Stochastics %K at selling indicates that the stock is to be held.
