The buying and selling of stock by a company’s insider give investors a sense that the stock will rise or fall in the future. Financial Institutions Inc shares valued at $100,000 were purchased by Latella Robert N on Dec 13 ’24. At $25.00 per share, Latella Robert N acquired 4,000 shares. The insider’s holdings grew to 16,000 shares worth approximately $0.36 million following the completion of this transaction.
Also, Quinn Kevin B purchased 400 shares, netting a total of over 10,000 in proceeds. Following the buying of shares at $25.00 each, the insider now holds 3,705 shares.
Before that, Collins Laurie R had added 2,000 shares to its account. In a trade valued at $50,000, the Chief Human Resources Officer bought Financial Institutions Inc shares for $25.00 each. Upon closing the transaction, the insider’s holdings increased to 2,000 shares, worth approximately $0.11 million.
As published in a research note from Keefe Bruyette on February 03, 2025, Financial Institutions Inc [FISI] has been rated up from a Mkt perform to an Outperform and the price target has been revised to $34 from $29. Analysts at Piper Sandler started covering the stock with ‘”an Overweight”‘ outlook in a report released in mid December. As of March 25, 2024, Piper Sandler has decreased its “an Overweight” rating to a “Neutral” for FISI. Earlier on July 13, 2023, Stephens initiated its rating. Their recommendation was “an Equal-weight” for FISI stock.
Analyzing FISI Stock Performance
During the last five days, there has been a surge of approximately 1.54%. Over the course of the year, Financial Institutions Inc shares have dropped approximately -18.10%. Shares of the company reached a 52-week high of $29.78 on 02/19/25 and a 52-week low of $20.97 on 04/11/25. A 50-day SMA is recorded $25.94, while a 200-day SMA reached $25.54.
Support And Resistance Levels for Financial Institutions Inc (FISI)
According to the 24-hour chart, there is a support level at 22.17, which, if violated, would cause prices to drop to 21.99. In the upper region, resistance lies at 22.64. The next price resistance is at 22.93. RSI (Relative Strength Index) is 36.71 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at -0.38, which suggests the price will decrease in the coming days. Percent R is at 68.46%, indicating low price movement. Stochastics %K at holding indicates that the stock is to be held.
