First Bancorp PR’s recently made public that its former officer PANCHAM CASSAN acquired Company’s shares for reported $2.08 million on Jun 26 ’25. In the deal valued at $21.04 per share,99,000 shares were bought.
Then, ALEMAN AURELIO sold 22,871 shares, generating $469,352 in total proceeds. Upon selling the shares at $20.52, the President and CEO now owns 1,109,547 shares.
Before that, HERENCIA ROBERTO R sold 14,738 shares. First Bancorp PR shares valued at $300,912 were divested by the Director at a price of $20.42 per share. As a result of the transaction, HERENCIA ROBERTO R now holds 637,207 shares, worth roughly $13.93 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 Monday, First Bancorp PR [NYSE:FBP] saw its stock fall -1.00% to $21.86. Over the last five days, the stock has lost -1.89%. First Bancorp PR shares have risen nearly 4.64% since the year began. Nevertheless, the stocks have risen 17.59% over the past one year.
How much short interest is there in First Bancorp PR?
A steep rise in short interest was recorded in First Bancorp PR stocks on 2025-06-13, growing by 0.39 million shares to a total of 3.7 million shares. Yahoo Finance data shows the prior-month short interest on 2025-05-15 was 3.31 million shares. There was a rise of 10.65%, which implies that there is a positive sentiment for the 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.
