Frontier Communications Parent Inc’s filing revealed that its Former Officer Harrobin John acquired Company’s shares for reported $1.65 million on May 16 ’25. In the deal valued at $36.66 per share,45,129 shares were bought.
Then, Harrobin John sold 36,000 shares, generating $1,296,360 in total proceeds. Upon selling the shares at $36.01, the EVP, Consumer now owns 76,523 shares.
Before that, Harrobin John bought 36,000 shares. Frontier Communications Parent Inc shares valued at $1,296,369 were divested by the Officer at a price of $36.01 per share.
Raymond James downgraded its Frontier Communications Parent Inc [FYBR] rating to an Underperform from a a Mkt perform in a research note published recently. A number of analysts have revised their coverage, including The Benchmark Company’s analysts, who decreased its forecast for the stock in early December from “a Buy” to “a Hold”. Raymond James also remained covering FYBR and has decreased its forecast on October 28, 2024 with a “Mkt perform” recommendation from previously “Strong buy” rating. TD Cowen revised its rating on October 08, 2024. It rated FYBR as “a Hold” which previously was an “a Buy”.
Price Performance Review of FYBR
On Friday, Frontier Communications Parent Inc [NASDAQ:FYBR] saw its stock jump 0.19% to $36.67. Over the last five days, the stock has gained 0.44%. Frontier Communications Parent Inc shares have risen nearly 5.68% since the year began. Nevertheless, the stocks have risen 40.28% over the past one year. While a 52-week high of $39.21 was reached on 05/16/25, a 52-week low of $24.43 was recorded on 01/02/25. SMA at 50 days reached $36.07, while 200 days put it at $34.70.
Levels Of Support And Resistance For FYBR Stock
The 24-hour chart illustrates a support level at 36.42, which if violated will result in even more drops to 36.16. On the upside, there is a resistance level at 37.08. A further resistance level may holdings at 37.48. The Relative Strength Index (RSI) on the 14-day chart is 72.70, which indicates overbought technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 0.11, which suggests price will go down in the next trading period. Percent R suggests that price movement has been low at 51.85%. Stochastics %K at 76.02% indicates the stock is a holding.
