In a filing, Popular Inc revealed its EXECUTIVE VICE PRESIDENT MONZON GILBERTO unloaded Company’s shares for reported $0.98 million on Feb 06 ’25. In the deal valued at $102.57 per share,9,600 shares were sold. As a result of this transaction, MONZON GILBERTO now holds 39,170 shares worth roughly $3.26 million.
Then, CESTERO LUIS E. sold 10,000 shares, generating $1,033,969 in total proceeds. Upon selling the shares at $103.40, the Executive Vice President now owns 17,147 shares.
Before that, SEPULVEDA ELI sold 10,000 shares. Popular Inc shares valued at $1,050,676 were divested by the Executive Vice President at a price of $105.07 per share. As a result of the transaction, SEPULVEDA ELI now holds 31,194 shares, worth roughly $2.6 million.
Wells Fargo upgraded its Popular Inc [BPOP] rating to an Overweight from a an Equal weight in a research note published recently. Wells Fargo also remained covering BPOP and has decreased its forecast on October 01, 2024 with a “an Equal weight” recommendation from previously “an Overweight” rating.
Price Performance Review of BPOP
On Monday, Popular Inc [NASDAQ:BPOP] saw its stock jump 1.31% to $83.27. Over the last five days, the stock has gained 1.75%. Popular Inc shares have fallen nearly -11.47% since the year began. Nevertheless, the stocks have risen 0.02% over the past one year. While a 52-week high of $106.81 was reached on 02/18/25, a 52-week low of $78.23 was recorded on 04/07/25. SMA at 50 days reached $94.33, while 200 days put it at $96.20.
Levels Of Support And Resistance For BPOP Stock
The 24-hour chart illustrates a support level at 81.63, which if violated will result in even more drops to 79.99. On the upside, there is a resistance level at 84.59. A further resistance level may holdings at 85.90. The Relative Strength Index (RSI) on the 14-day chart is 38.31, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -4.51, which suggests price will go down in the next trading period. Percent R suggests that price movement has been low at 68.58%. Stochastics %K at 27.22% indicates the stock is a holding.
How much short interest is there in Popular Inc?
A steep rise in short interest was recorded in Popular Inc stocks on 2025-03-31, growing by 0.26 million shares to a total of 1.29 million shares. Yahoo Finance data shows the prior-month short interest on 2025-02-28 was 1.03 million shares. There was a rise of 20.37%, which implies that there is a positive sentiment for the stock.
The most recent change occurred on July 25, 2024 when Hovde Group resumed its ‘”an Outperform”‘ rating for the stock and retained the price target to $123.
