JMP Securities gives a Mkt outperform recommendation for FTAI Infrastructure Inc (FIP)

In a filing, FTAI Infrastructure Inc revealed its Chief Financial Officer Fletcher Carl Russell IV acquired Company’s shares for reported $0.11 million on May 23 ’25. In the deal valued at $5.33 per share,20,000 shares were bought. As a result of this transaction, Fletcher Carl Russell IV now holds 20,000 shares worth roughly $0.12 million.

Then, Nicholson Kenneth J. bought 500,000 shares, generating $2,610,000 in total proceeds. Upon buying the shares at $5.22, the CEO and President now owns 1,088,582 shares.

Before that, FIG Buyer GP, LLC sold 3,399,501 shares. FTAI Infrastructure Inc shares valued at $30,731,489 were divested by the 10% Owner at a price of $9.04 per share. As a result of the transaction, FIG Buyer GP, LLC now holds 8,418,561 shares, worth roughly $51.44 million.

JMP Securities initiated its FTAI Infrastructure Inc [FIP] rating to a Mkt outperform in a research note published on June 26, 2024; the price target was $11. A number of analysts have revised their coverage, including BTIG Research’s analysts, who began to cover the stock in mid April with a ‘”a Buy”‘ rating. Compass Point began covering FIP with “Buy” recommendation on September 21, 2022.

Price Performance Review of FIP

On Friday, FTAI Infrastructure Inc [NASDAQ:FIP] saw its stock jump 0.33% to $6.11. Over the last five days, the stock has gained 22.20%. FTAI Infrastructure Inc shares have fallen nearly -15.84% since the year began. Nevertheless, the stocks have fallen -28.95% over the past one year. While a 52-week high of $10.45 was reached on 01/08/25, a 52-week low of $3.10 was recorded on 04/11/25. SMA at 50 days reached $4.56, while 200 days put it at $7.10.

Levels Of Support And Resistance For FIP Stock

The 24-hour chart illustrates a support level at 6.01, which if violated will result in even more drops to 5.91. On the upside, there is a resistance level at 6.21. A further resistance level may holdings at 6.30. The Relative Strength Index (RSI) on the 14-day chart is 70.03, which indicates overbought technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 0.73, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bullish at 16.35%. Stochastics %K at 89.20% indicates the stock is a selling.

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