First Bancorp PR’s filing revealed that its President and CEO ALEMAN AURELIO unloaded Company’s shares for reported $0.47 million on Jun 11 ’25. In the deal valued at $20.52 per share,22,871 shares were sold. As a result of this transaction, ALEMAN AURELIO now holds 1,109,547 shares worth roughly $21.75 million.
Then, HERENCIA ROBERTO R sold 14,738 shares, generating $300,912 in total proceeds. Upon selling the shares at $20.42, the Director now owns 637,207 shares.
Before that, ALEMAN AURELIO bought 50,000 shares. First Bancorp PR shares valued at $1,025,000 were divested by the Officer at a price of $20.50 per share.
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 Monday, First Bancorp PR [NYSE:FBP] saw its stock fall -0.66% to $19.60. Over the last five days, the stock has lost -3.26%. First Bancorp PR shares have risen nearly 5.43% since the year began. Nevertheless, the stocks have risen 12.00% over the past one year. While a 52-week high of $22.40 was reached on 01/30/25, a 52-week low of $16.40 was recorded on 04/07/25.
Levels Of Support And Resistance For FBP Stock
The 24-hour chart illustrates a support level at 19.41, which if violated will result in even more drops to 19.23. On the upside, there is a resistance level at 19.89. A further resistance level may holdings at 20.19.
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.
