Investors can speculate about the future of a stock by watching how its insiders buy and sell stocks. Regions Financial Corp shares valued at $48,702 were purchased by JOHNSON JOIA M on Mar 11 ’25. At $21.18 per share, JOHNSON JOIA M acquired 2,300 shares. The insider’s holdings grew to 17,486 shares worth approximately $0.39 million following the completion of this transaction.
Also, SUQUET JOSE S purchased 549 shares, netting a total of over 13,561 in proceeds. Following the buying of shares at $24.70 each, the insider now holds 33,791 shares.
Before that, SUQUET JOSE S had added 530 shares to its account. In a trade valued at $12,588, the Director bought Regions Financial Corp shares for $23.75 each. Upon closing the transaction, the insider’s holdings increased to 530 shares, worth approximately $0.71 million.
As published in a research note from Morgan Stanley on December 09, 2024, Regions Financial Corp [RF] has been rated down from an Overweight to an Equal-weight and the price target has been revised to $32 from $28. Analysts at Keefe Bruyette upgraded the stock from ‘”a Mkt perform”‘ to ‘”an Outperform”‘ outlook in a report released in late October. As of October 29, 2024, Stephens has increased its “an Equal-weight” rating to a “an Overweight” for RF. Earlier on October 24, 2024, Deutsche Bank upgraded its rating. Their new recommendation was “a Buy” for RF stock which previously was a “a Hold”.
Analyzing RF Stock Performance
During the last five days, there has been a drop of approximately -0.99%. Over the course of the year, Regions Financial Corp shares have dropped approximately -6.38%. Shares of the company reached a 52-week high of $25.25 on 01/29/25 and a 52-week low of $20.68 on 03/12/25. A 50-day SMA is recorded $23.09, while a 200-day SMA reached $23.06.
Support And Resistance Levels for Regions Financial Corp (RF)
According to the 24-hour chart, there is a support level at 21.44, which, if violated, would cause prices to drop to 20.87. In the upper region, resistance lies at 22.32. The next price resistance is at 22.63. RSI (Relative Strength Index) is 47.64 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at -0.03, which suggests the price will decrease in the coming days. Percent R is at 46.41%, indicating low price movement. Stochastics %K at holding indicates that the stock is to be held.
