Keeping an Eye on First American Financial Corp (FAF) After Insider Trading Activity

First American Financial Corp’s recent filing unveils that its Former Officer, Director DEGIORGIO KENNETH D acquired Company’s shares for reported $15.74 million on Apr 24 ’25. In the deal valued at $62.79 per share,250,669 shares were bought.

Then, Seaton Mark Edward sold 37,321 shares, generating $2,436,110 in total proceeds. Upon selling the shares at $65.27, the EVP & Chief Financial Officer now owns 158,491 shares.

Before that, Cornehl Lisa W sold 3,057 shares. First American Financial Corp shares valued at $200,216 were divested by the SVP, Chief Legal Officer at a price of $65.49 per share. As a result of the transaction, Cornehl Lisa W now holds 23,825 shares, worth roughly $1.35 million.

Keefe Bruyette upgraded its First American Financial Corp [FAF] rating to an Outperform from a a Mkt perform in a research note published recently. A number of analysts have revised their coverage, including Keefe Bruyette’s analysts, who decreased its forecast for the stock in early December from “an Outperform” to “a Mkt perform”. Keefe Bruyette also remained covering FAF and has increased its forecast on March 21, 2024 with a “an Outperform” recommendation from previously “Mkt perform” rating. Deutsche Bank started covering the stock on January 10, 2024. It rated FAF as “a Buy”.

Price Performance Review of FAF

On Friday, First American Financial Corp [NYSE:FAF] saw its stock jump 0.57% to $56.64. Over the last five days, the stock has gained 1.58%. First American Financial Corp shares have fallen nearly -9.29% since the year began. Nevertheless, the stocks have risen 3.51% over the past one year.

Levels Of Support And Resistance For FAF Stock

The most recent change occurred on November 15, 2023 when Barclays began covering the stock and recommended ‘”an Equal weight”‘ rating along with a $53 price target.

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