In a filing, Fifth Third Bancorp revealed its retired board member BRUMBACK EMERSON L acquired Company’s shares for reported $0.35 million on Apr 28 ’25. In the deal valued at $35.59 per share,9,900 shares were bought.
Then, Leonard James C. sold 17,200 shares, generating $761,279 in total proceeds. Upon selling the shares at $44.26, the EVP & Chief Operating Officer now owns 244,487 shares.
Before that, Lavender Kevin P sold 21,700 shares. Fifth Third Bancorp shares valued at $945,100 were divested by the EVP at a price of $43.55 per share. As a result of the transaction, Lavender Kevin P now holds 130,856 shares, worth roughly $4.89 million.
Robert W. Baird upgraded its Fifth Third Bancorp [FITB] rating to an Outperform from a a Neutral in a research note published recently. A number of analysts have revised their coverage, including Wolfe Research’s analysts, who increased its forecast for the stock in late May from “a Peer perform” to “an Outperform”. JP Morgan also remained covering FITB and has increased its forecast on May 01, 2024 with a “an Overweight” recommendation from previously “Neutral” rating. Robert W. Baird revised its rating on April 01, 2024. It rated FITB as “a Neutral” which previously was an “an Outperform”.
Price Performance Review of FITB
On Friday, Fifth Third Bancorp [NASDAQ:FITB] saw its stock jump 0.24% to $37.35. Over the last five days, the stock has gained 0.67%. Fifth Third Bancorp shares have fallen nearly -11.66% since the year began. Nevertheless, the stocks have fallen -1.79% over the past one year. While a 52-week high of $49.07 was reached on 01/29/25, a 52-week low of $32.25 was recorded on 04/07/25. SMA at 50 days reached $37.45, while 200 days put it at $41.94.
Levels Of Support And Resistance For FITB Stock
The 24-hour chart illustrates a support level at 37.21, which if violated will result in even more drops to 37.06. On the upside, there is a resistance level at 37.53. A further resistance level may holdings at 37.71. The Relative Strength Index (RSI) on the 14-day chart is 55.52, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 0.89, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bullish at 7.82%. Stochastics %K at 87.98% indicates the stock is a selling.
