First Bancorp PR’s recent filing unveils 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 $4.92 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 $3.82 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 jump 1.17% to $20.50. Over the last five days, the stock has gained 1.72%. First Bancorp PR shares have risen nearly 10.25% since the year began. Nevertheless, the stocks have risen 18.48% over the past one year.
Levels Of Support And Resistance For FBP Stock
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.
