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.
Robert W. Baird upgraded its First Horizon Corporation [FHN] rating to an Outperform from a a Neutral in a research note published recently. Wedbush also remained covering FHN and has decreased its forecast on September 24, 2024 with a “Neutral” recommendation from previously “an Outperform” rating. Raymond James revised its rating on July 18, 2024. It rated FHN as “an Outperform” which previously was an “a Strong buy”.
Price Performance Review of FHN
On Monday, First Horizon Corporation [NYSE:FHN] saw its stock jump 1.79% to $16.50. Over the last five days, the stock has lost -15.04%. First Horizon Corporation shares have fallen nearly -18.07% since the year began. Nevertheless, the stocks have risen 12.02% 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 04/04/25. SMA at 50 days reached $20.24, while 200 days put it at $18.24.
Levels Of Support And Resistance For FHN Stock
The 24-hour chart illustrates a support level at 15.63, which if violated will result in even more drops to 14.77. On the upside, there is a resistance level at 17.29. A further resistance level may holdings at 18.09. The Relative Strength Index (RSI) on the 14-day chart is 29.42, which indicates oversold technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -2.18, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 73.00%. Stochastics %K at 16.25% indicates the stock is a buying.
How much short interest is there in First Horizon Corporation?
A steep rise in short interest was recorded in First Horizon Corporation stocks on 2025-03-14, growing by 1.06 million shares to a total of 12.38 million shares. Yahoo Finance data shows the prior-month short interest on 2025-02-14 was 11.32 million shares. There was a rise of 8.59%, which implies that there is a positive sentiment for the stock.
