Regions Financial Corp’s filing revealed that its Director JOHNSON JOIA M acquired Company’s shares for reported $48702.0 on Mar 11 ’25. In the deal valued at $21.18 per share,2,300 shares were bought. As a result of this transaction, JOHNSON JOIA M now holds 17,486 shares worth roughly $0.33 million.
Then, SUQUET JOSE S bought 549 shares, generating $13,561 in total proceeds. Upon buying the shares at $24.70, the Director now owns 33,791 shares.
Before that, SUQUET JOSE S bought 530 shares. Regions Financial Corp shares valued at $12,588 were divested by the Director at a price of $23.75 per share. As a result of the transaction, SUQUET JOSE S now holds 32,156 shares, worth roughly $0.6 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 Friday, Regions Financial Corp [NYSE:RF] saw its stock fall -4.84% to $18.66. Over the last five days, the stock has lost -12.89%. Regions Financial Corp shares have fallen nearly -20.66% since the year began. Nevertheless, the stocks have fallen -7.76% 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 04/04/25. SMA at 50 days reached $22.88, while 200 days put it at $23.07.
Levels Of Support And Resistance For RF Stock
The 24-hour chart illustrates a support level at 18.11, which if violated will result in even more drops to 17.57. On the upside, there is a resistance level at 19.12. A further resistance level may holdings at 19.58. The Relative Strength Index (RSI) on the 14-day chart is 24.68, which indicates oversold technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -1.37, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 86.87%. Stochastics %K at 22.34% indicates the stock is a holding.
How much short interest is there in Regions Financial Corp?
A steep rise in short interest was recorded in Regions Financial Corp stocks on 2025-03-14, growing by 3.56 million shares to a total of 44.08 million shares. Yahoo Finance data shows the prior-month short interest on 2025-02-14 was 40.53 million shares. There was a rise of 8.07%, which implies that there is a positive sentiment for the stock.
