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. Fortune Brands Innovations Inc shares valued at $29,943 were purchased by Papesh Kristin on Mar 04 ’25. At $61.99 per share, Papesh Kristin acquired 483 shares. The insider’s holdings grew to 7,617 shares worth approximately $0.41 million following the completion of this transaction.
Also, Wilson Ron sold 1,500 shares, netting a total of over 103,405 in proceeds. Following the sale of shares at $68.94 each, the insider now holds 10,066 shares.
Before that, Ronald Wilson had added 1,500 shares to its account. In a trade valued at $103,399, the Officer bought Fortune Brands Innovations Inc shares for $68.93 each.
As published in their initiating research note from Deutsche Bank on April 01, 2025, Fortune Brands Innovations Inc [FBIN] has been a Hold and the price target has been revised to $70. Analysts at BMO Capital Markets downgraded the stock from ‘”an Outperform”‘ to ‘”a Market perform”‘ outlook in a report released in late January. As of January 19, 2024, Oppenheimer has initiated its “Perform” rating for FBIN.
Analyzing FBIN Stock Performance
During the last five days, there has been a drop of approximately -1.44%. Over the course of the year, Fortune Brands Innovations Inc shares have dropped approximately -21.98%. Shares of the company reached a 52-week high of $75.82 on 01/21/25 and a 52-week low of $47.21 on 04/09/25. A 50-day SMA is recorded $58.77, while a 200-day SMA reached $72.88.
Support And Resistance Levels for Fortune Brands Innovations Inc (FBIN)
According to the 24-hour chart, there is a support level at 52.89, which, if violated, would cause prices to drop to 52.46. In the upper region, resistance lies at 54.07. The next price resistance is at 54.82. RSI (Relative Strength Index) is 44.00 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at 1.29, which suggests the price will increase in the coming days. Percent R is at 29.70%, indicating bullish price movement. Stochastics %K at holding indicates that the stock is to be held.
