First Bancorp PR’s recently made public that its EVP and CRO RIVERA NAYDA unloaded Company’s shares for reported $0.2 million on May 02 ’25. In the deal valued at $20.20 per share,10,000 shares were sold. As a result of this transaction, RIVERA NAYDA now holds 240,211 shares worth roughly $5.03 million.
Then, RIVERA NAYDA bought 10,000 shares, generating $200,000 in total proceeds.
Before that, Power Carlos sold 45,797 shares. First Bancorp PR shares valued at $951,204 were divested by the EVP at a price of $20.77 per share. As a result of the transaction, Power Carlos now holds 186,543 shares, worth roughly $3.91 million.
Wells Fargo upgraded its First Bancorp PR [FBP] rating to an Overweight from a an Equal weight in a research note published recently. A number of analysts have revised their coverage, including Hovde Group’s analysts, who remained covering the stock and in late October has reiterated a ‘”an Outperform”‘ rating for it. Hovde Group maintained its rating on July 24, 2024. It rated FBP as “an Outperform”.
Price Performance Review of FBP
On Friday, First Bancorp PR [NYSE:FBP] saw its stock fall -0.71% to $20.95. Over the last five days, the stock has gained 4.33%. First Bancorp PR shares have risen nearly 12.70% since the year began. Nevertheless, the stocks have risen 14.29% over the past one year. While a 52-week high of $22.40 was reached on 01/30/25, a 52-week low of $16.40 was recorded on 04/07/25. SMA at 50 days reached $18.96, while 200 days put it at $19.87.
Levels Of Support And Resistance For FBP Stock
The 24-hour chart illustrates a support level at 20.79, which if violated will result in even more drops to 20.62. On the upside, there is a resistance level at 21.10. A further resistance level may holdings at 21.25. The Relative Strength Index (RSI) on the 14-day chart is 65.93, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 0.61, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bullish at 12.17%. Stochastics %K at 89.19% indicates the stock is a selling.
The most recent change occurred on July 09, 2024 when Raymond James began covering the stock and recommended ‘”an Outperform”‘ rating along with a $21 price target.
