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Investing in First Financial Bancorp (FFBC) Is Getting More Attractive

First Financial Bancorp’s filing revealed that its Chief Internal Auditor Shank James R unloaded Company’s shares for reported $0.19 million on Mar 19 ’25. In the deal valued at $24.92 per share,7,600 shares were sold. As a result of this transaction, Shank James R now holds 11,141 shares worth roughly $0.25 million.

Then, Shank James R bought 7,600 shares, generating $189,359 in total proceeds.

Before that, Harris Gregory A sold 5,400 shares. First Financial Bancorp shares valued at $160,974 were divested by the President, Wealth Management at a price of $29.81 per share. As a result of the transaction, Harris Gregory A now holds 37,879 shares, worth roughly $0.84 million.

Stephens upgraded its First Financial Bancorp [FFBC] rating to an Overweight from a an Equal-weight in a research note published recently. Piper Sandler also remained covering FFBC and has increased its forecast on July 10, 2023 with a “an Overweight” recommendation from previously “Neutral” rating. Piper Sandler revised its rating on March 03, 2021. It rated FFBC as “a Neutral” which previously was an “an Overweight”.

Price Performance Review of FFBC

On Monday, First Financial Bancorp [NASDAQ:FFBC] saw its stock jump 0.27% to $22.11. Over the last five days, the stock has gained 0.05%. First Financial Bancorp shares have fallen nearly -17.75% since the year began. Nevertheless, the stocks have risen 4.29% over the past one year. While a 52-week high of $31.18 was reached on 02/06/25, a 52-week low of $20.59 was recorded on 04/07/25. SMA at 50 days reached $25.71, while 200 days put it at $26.14.

Levels Of Support And Resistance For FFBC Stock

The 24-hour chart illustrates a support level at 21.47, which if violated will result in even more drops to 20.82. On the upside, there is a resistance level at 22.83. A further resistance level may holdings at 23.54. The Relative Strength Index (RSI) on the 14-day chart is 32.08, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -1.40, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 78.46%. Stochastics %K at 21.54% indicates the stock is a holding.

How much short interest is there in First Financial Bancorp?

A steep rise in short interest was recorded in First Financial Bancorp stocks on 2025-03-31, dropping by -0.33 million shares to a total of 1.05 million shares. Yahoo Finance data shows the prior-month short interest on 2025-02-28 was 1.38 million shares. There was a decline of -31.11%, which implies that there is a negative sentiment for the stock.

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