Investors can speculate about the future of a stock by watching how its insiders buy and sell stocks. First Commonwealth Financial Corp shares valued at $634,395 were purchased by Reske James R on Mar 21 ’25. At $15.95 per share, Reske James R acquired 39,774 shares.
Also, McCuen Michael P purchased 3,020 shares, netting a total of over 50,041 in proceeds. Following the buying of shares at $16.57 each, the insider now holds 60,643 shares.
Before that, McCuen Michael P had added 2,919 shares to its account. In a trade valued at $49,594, the EVP/Chief Lending Officer bought First Commonwealth Financial Corp shares for $16.99 each. Upon closing the transaction, the insider’s holdings increased to 2,919 shares, worth approximately $0.83 million.
As published in a research note from Janney on July 29, 2024, First Commonwealth Financial Corp [FCF] has been rated down from a Buy to a Neutral and the price target has been revised to $19 from $16. Analysts at Stephens upgraded the stock from ‘”an Equal-weight”‘ to ‘”an Overweight”‘ outlook in a report released in mid May. As of February 21, 2023, Raymond James has decreased its “an Outperform” rating to a “Mkt perform” for FCF. Earlier on September 29, 2022, Janney initiated its rating. Their recommendation was “a Buy” for FCF stock.
Analyzing FCF Stock Performance
During the last five days, there has been a drop of approximately -2.29%. Over the course of the year, First Commonwealth Financial Corp shares have dropped approximately -14.42%. Shares of the company reached a 52-week high of $17.20 on 01/15/25 and a 52-week low of $13.54 on 04/07/25. A 50-day SMA is recorded $15.70, while a 200-day SMA reached $16.64.
Support And Resistance Levels for First Commonwealth Financial Corp (FCF)
According to the 24-hour chart, there is a support level at 14.35, which, if violated, would cause prices to drop to 14.23. In the upper region, resistance lies at 14.60. The next price resistance is at 14.73. RSI (Relative Strength Index) is 40.17 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at -0.34, which suggests the price will decrease in the coming days. Percent R is at 58.77%, indicating low price movement. Stochastics %K at holding indicates that the stock is to be held.
