Investors can speculate about the future of a stock by watching how its insiders buy and sell stocks. First Bancorp shares valued at $49,938 were purchased by Capel Mary Clara on Jun 09 ’25. At $42.00 per share, Capel Mary Clara acquired 1,189 shares.
Also, Capel Mary Clara purchased 568 shares, netting a total of over 23,731 in proceeds.
Before that, Taylor Frederick Leslie had added 5,800 shares to its account. In a trade valued at $239,315, the Director bought First Bancorp shares for $41.26 each. Upon closing the transaction, the insider’s holdings increased to 5,800 shares, worth approximately $1.56 million.
Analysts at Stephens started covering the stock with ‘”an Overweight”‘ outlook in a report released in late March. As of February 07, 2025, Janney has decreased its “Buy” rating to a “Neutral” for FBNC. Earlier on September 14, 2023, DA Davidson upgraded its rating. Their new recommendation was “a Buy” for FBNC stock which previously was a “a Neutral”.
Analyzing FBNC Stock Performance
On last trading session,, First Bancorp [NASDAQ: FBNC] rose 0.74% to $40.62. The stock’s lowest price that day was $40.0875, but it reached a high of $40.91 in the same session. During the last five days, there has been a drop of approximately -2.59%. Over the course of the year, First Bancorp shares have dropped approximately -7.62%. Shares of the company reached a 52-week high of $46.28 on 01/21/25 and a 52-week low of $34.50 on 04/04/25.
Support And Resistance Levels for First Bancorp (FBNC)
According to the 24-hour chart, there is a support level at 40.17, which, if violated, would cause prices to drop to 39.72. In the upper region, resistance lies at 40.99. The next price resistance is at 41.36. RSI (Relative Strength Index) is 45.35 on the 14-day chart, showing neutral technical sentiment.
Is First Bancorp subject to short interest?
Stocks of First Bancorp saw a sharp steep in short interest on 2025-05-30 dropping by 86171.0 shares to 1.1 million. Data from Yahoo Finance shows that the short interest on 2025-04-30 was 1.18 million shares. A decline of -7.86% in short interest reflects a positive sentiment towards the stock. Despite the fact that short shares comprise just 6.67 of the overall float, the days-to-cover ratio (short ratio) decline to 6.67.
Which companies own the most shares of First Bancorp (FBNC)?
In terms of First Bancorp share price expectations, FactSet research, analysts set an average price target of 50 in the next 12 months, up nearly 24.01% from the previous closing price of $40.32. Analysts anticipate First Bancorp stock to reach 50 by 2025, with the lowest price target being 50. In spite of this, 2 analysts ranked First Bancorp stock as Buy at the end of 2025.
