In a filing, First Commonwealth Financial Corp revealed its Officer Reske James R acquired Company’s shares for reported $0.63 million on Mar 21 ’25. In the deal valued at $15.95 per share,39,774 shares were bought.
Then, McCuen Michael P bought 3,020 shares, generating $50,041 in total proceeds. Upon buying the shares at $16.57, the EVP/Chief Lending Officer now owns 60,643 shares.
Before that, McCuen Michael P bought 2,919 shares. First Commonwealth Financial Corp shares valued at $49,594 were divested by the EVP/Chief Lending Officer at a price of $16.99 per share. As a result of the transaction, McCuen Michael P now holds 57,623 shares, worth roughly $0.84 million.
Janney downgraded its First Commonwealth Financial Corp [FCF] rating to a Neutral from a a Buy in a research note published on July 29, 2024; the price target was increased to $19 from $16. A number of analysts have revised their coverage, including Stephens’s analysts, who increased its forecast for the stock in mid May from “an Equal-weight” to “an Overweight”. Raymond James also remained covering FCF and has decreased its forecast on February 21, 2023 with a “Mkt perform” recommendation from previously “an Outperform” rating. Janney started covering the stock on September 29, 2022. It rated FCF as “a Buy”.
Price Performance Review of FCF
On Thursday, First Commonwealth Financial Corp [NYSE:FCF] saw its stock jump 0.48% to $14.55. Over the last five days, the stock has gained 2.39%. First Commonwealth Financial Corp shares have fallen nearly -14.01% since the year began. Nevertheless, the stocks have risen 16.12% over the past one year. While a 52-week high of $19.96 was reached on 01/15/25, a 52-week low of $12.56 was recorded on 04/07/25. SMA at 50 days reached $15.65, while 200 days put it at $16.65.
Levels Of Support And Resistance For FCF Stock
The 24-hour chart illustrates a support level at 14.39, which if violated will result in even more drops to 14.22. On the upside, there is a resistance level at 14.74. A further resistance level may holdings at 14.92. The Relative Strength Index (RSI) on the 14-day chart is 41.64, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -0.13, which suggests price will go down in the next trading period. Percent R suggests that price movement has been low at 51.56%. Stochastics %K at 41.19% indicates the stock is a holding.
How much short interest is there in First Commonwealth Financial Corp?
A steep rise in short interest was recorded in First Commonwealth Financial Corp stocks on 2025-03-31, growing by 0.56 million shares to a total of 1.98 million shares. Yahoo Finance data shows the prior-month short interest on 2025-02-28 was 1.41 million shares. There was a rise of 28.57%, which implies that there is a positive sentiment for the stock.
