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Fulton Financial Corp (FULT) rating reiterates by Hovde Group

In a filing, Fulton Financial Corp revealed its Chief Risk Officer Malhotra Atul acquired Company’s shares for reported $20462.0 on Apr 21 ’25. In the deal valued at $18.60 per share,1,100 shares were bought. As a result of this transaction, Malhotra Atul now holds 1,111 shares worth roughly $18975.879999999997.

Then, ANGELA SNYDER bought 13,322 shares, generating $275,635 in total proceeds.

Before that, Snyder Angela M sold 13,322 shares. Fulton Financial Corp shares valued at $275,635 were divested by the President at a price of $20.69 per share. As a result of the transaction, Snyder Angela M now holds 63,682 shares, worth roughly $1.09 million.

Hovde Group reiterated its Fulton Financial Corp [FULT] rating to a Market perform in a research note published on January 27, 2025; the price target was $22.50. A number of analysts have revised their coverage, including Stephens’s analysts, who increased its forecast for the stock in early December from “an Equal-weight” to “an Overweight”. Janney also remained covering FULT and has increased its forecast on April 29, 2024 with a “Buy” recommendation from previously “Neutral” rating. Stephens revised its rating on December 14, 2023. It rated FULT as “an Equal-weight” which previously was an “an Overweight”.

Price Performance Review of FULT

On Tuesday, Fulton Financial Corp [NASDAQ:FULT] saw its stock fall -1.21% to $17.08. Over the last five days, the stock has gained 0.89%. Fulton Financial Corp shares have fallen nearly -11.41% since the year began. Nevertheless, the stocks have risen 0.65% over the past one year. While a 52-week high of $22.49 was reached on 01/22/25, a 52-week low of $14.32 was recorded on 04/07/25. SMA at 50 days reached $17.39, while 200 days put it at $18.85.

Levels Of Support And Resistance For FULT Stock

The 24-hour chart illustrates a support level at 16.95, which if violated will result in even more drops to 16.83. On the upside, there is a resistance level at 17.23. A further resistance level may holdings at 17.39. The Relative Strength Index (RSI) on the 14-day chart is 53.02, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 0.63, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bullish at 21.21%. Stochastics %K at 88.39% indicates the stock is a selling.

The most recent change occurred on January 10, 2023 when Janney began covering the stock and recommended ‘”a Neutral”‘ rating along with a $19.50 price target.

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