Investors can expect a company’s stock to rise or fall based on the buying and selling of stock by its insiders. Fidelis Insurance Holdings Ltd shares valued at $86,398 were purchased by Crestview Partners IV GP, L.P. on Sep 13 ’24. At $17.37 per share, Crestview Partners IV GP, L.P. acquired 4,974 shares.
Also, Crestview Partners III GP, L.P purchased 194 shares, netting a total of over 3,370 in proceeds.
Before that, Strickle Jonathan had added 4,580 shares to its account. In a trade valued at $85,417, the Officer bought Fidelis Insurance Holdings Ltd shares for $18.65 each.
As published in a research note from Goldman on January 08, 2025, Fidelis Insurance Holdings Ltd [FIHL] has been rated down from a Neutral to a Sell and the price target has been revised to $16 from $21. Analysts at Goldman started covering the stock with ‘”a Neutral”‘ outlook in a report released in mid September. As of September 05, 2024, Barclays has initiated its “an Equal weight” rating for FIHL. Earlier on July 17, 2024, Evercore ISI initiated its rating. Their recommendation was “an In-line” for FIHL stock.
Analyzing FIHL Stock Performance
During the last five days, there has been a surge of approximately 1.78%. Over the course of the year, Fidelis Insurance Holdings Ltd shares have dropped approximately -8.71%. Shares of the company reached a 52-week high of $18.17 on 01/02/25 and a 52-week low of $14.17 on 02/25/25. A 50-day SMA is recorded $15.63, while a 200-day SMA reached $17.34.
Support And Resistance Levels for Fidelis Insurance Holdings Ltd (FIHL)
According to the 24-hour chart, there is a support level at 16.37, which, if violated, would cause prices to drop to 16.19. In the upper region, resistance lies at 16.69. The next price resistance is at 16.83. RSI (Relative Strength Index) is 58.69 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at 0.42, which suggests the price will decrease in the coming days. Percent R is at 5.05%, indicating bullish price movement. Stochastics %K at holding indicates that the stock is to be held.
