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The Potential Rise in the Price of Raymond James Financial, Inc (RJF) following insiders activity

Raymond James Financial, Inc’s recent filing unveils that its President, Capital Markets Bunn James E unloaded Company’s shares for reported $0.5 million on Apr 28 ’25. In the deal valued at $136.49 per share,3,650 shares were sold. As a result of this transaction, Bunn James E now holds 78,227 shares worth roughly $11.04 million.

Then, Bunn James E bought 3,650 shares, generating $498,144 in total proceeds.

Before that, Santelli Jonathan N sold 4,160 shares. Raymond James Financial, Inc shares valued at $699,932 were divested by the EVP, Gen Counsel, Secy at a price of $168.25 per share. As a result of the transaction, Santelli Jonathan N now holds 22,879 shares, worth roughly $3.23 million.

BofA Securities downgraded its Raymond James Financial, Inc [RJF] rating to a Neutral from a a Buy in a research note published recently. A number of analysts have revised their coverage, including JP Morgan’s analysts, who decreased its forecast for the stock in early January from “an Overweight” to “a Neutral”. Goldman also remained covering RJF and has increased its forecast on January 06, 2025 with a “Buy” recommendation from previously “Neutral” rating. Wells Fargo revised its rating on December 12, 2024. It rated RJF as “an Equal weight” which previously was an “an Overweight”.

Price Performance Review of RJF

On Tuesday, Raymond James Financial, Inc [NYSE:RJF] saw its stock fall -0.71% to $141.12. Over the last five days, the stock has gained 2.19%. Raymond James Financial, Inc shares have fallen nearly -9.15% since the year began. Nevertheless, the stocks have risen 13.83% over the past one year. While a 52-week high of $174.32 was reached on 01/29/25, a 52-week low of $104.24 was recorded on 04/07/25. SMA at 50 days reached $139.71, while 200 days put it at $141.44.

Levels Of Support And Resistance For RJF Stock

The 24-hour chart illustrates a support level at 139.80, which if violated will result in even more drops to 138.48. On the upside, there is a resistance level at 142.43. A further resistance level may holdings at 143.74. The Relative Strength Index (RSI) on the 14-day chart is 55.80, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 4.77, which suggests price will go up in the next trading period. Percent R suggests that price movement has been bullish at 14.84%. Stochastics %K at 91.36% indicates the stock is a selling.

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