The buying and selling of stock by a company’s insider give investors a sense that the stock will rise or fall in the future. First Bancorp PR shares valued at $202,000 were sold by RIVERA NAYDA on May 02 ’25. At $20.20 per share, RIVERA NAYDA sold 10,000 shares. The insider’s holdings dropped to 240,211 shares worth approximately $4.82 million following the completion of this transaction.
Also, RIVERA NAYDA purchased 10,000 shares, netting a total of over 200,000 in proceeds.
Before that, Power Carlos had sold 45,797 shares from its account. In a trade valued at $951,204, the EVP traded First Bancorp PR shares for $20.77 each. Upon closing the transaction, the insider’s holdings decreased to 45,797 shares, worth approximately $3.74 million.
As published in a research note from Wells Fargo on April 09, 2025, First Bancorp PR [FBP] has been rated up from an Equal weight to an Overweight and the price target has been revised to $20. Analysts at Hovde Group resumed the stock at ‘”an Outperform”‘ outlook in a report released in late October. Earlier on July 24, 2024, Hovde Group resumed its rating. Their recommendation was “an Outperform” for FBP stock.
Analyzing FBP Stock Performance
During the last five days, there has been a drop of approximately -1.38%. Over the course of the year, First Bancorp PR shares have jumped approximately 7.96%. Shares of the company reached a 52-week high of $21.23 on 01/30/25 and a 52-week low of $16.40 on 04/07/25.
Support And Resistance Levels for First Bancorp PR (FBP)
According to the 24-hour chart, there is a support level at 19.85, which, if violated, would cause prices to drop to 19.63. In the upper region, resistance lies at 20.23. The next price resistance is at 20.38. RSI (Relative Strength Index) is 49.87 on the 14-day chart, showing neutral technical sentiment.
