Investors can expect a company’s stock to rise or fall based on the buying and selling of stock by its insiders. Four Corners Property Trust Inc shares valued at $177,569 were sold by MOODY JOHN S on Jun 12 ’24. At $24.56 per share, MOODY JOHN S sold 7,230 shares. The insider’s holdings dropped to 61,108 shares worth approximately $1.74 million following the completion of this transaction.
Also, Lenehan William H purchased 6,230 shares, netting a total of over 149,832 in proceeds. Following the buying of shares at $24.05 each, the insider now holds 620,394 shares.
As published in their initiating research note from Barclays on December 17, 2024, Four Corners Property Trust Inc [FCPT] has been an Equal weight and the price target has been revised to $31. Analysts at UBS started covering the stock with ‘”a Buy”‘ outlook in a report released in mid November. As of July 08, 2024, JMP Securities has initiated its “Mkt perform” rating for FCPT. Earlier on September 21, 2023, Wells Fargo initiated its rating. Their recommendation was “an Overweight” for FCPT stock.
Analyzing FCPT Stock Performance
During the last five days, there has been a surge of approximately 2.38%. Over the course of the year, Four Corners Property Trust Inc shares have jumped approximately 4.64%. Shares of the company reached a 52-week high of $29.81 on 03/10/25 and a 52-week low of $25.00 on 04/09/25. A 50-day SMA is recorded $28.13, while a 200-day SMA reached $28.07.
Support And Resistance Levels for Four Corners Property Trust Inc (FCPT)
According to the 24-hour chart, there is a support level at 28.09, which, if violated, would cause prices to drop to 27.78. In the upper region, resistance lies at 28.77. The next price resistance is at 29.15. RSI (Relative Strength Index) is 55.19 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at 0.88, which suggests the price will decrease in the coming days. Percent R is at 13.06%, indicating bullish price movement. Stochastics %K at selling indicates that the stock is to be held.
