Truist downgrades Fortune Brands Innovations Inc (FBIN) rating to a Hold

Fortune Brands Innovations Inc’s recently made public that its EVP, Chief Supply Chain Novak Matthew Edward unloaded Company’s shares for reported $19997.0 on Aug 29 ’25. In the deal valued at $58.47 per share,342 shares were sold. As a result of this transaction, Novak Matthew Edward now holds 3,388 shares worth roughly $0.2 million.

Then, Fink Nicholas I. sold 29,792 shares, generating $1,758,979 in total proceeds. Upon selling the shares at $59.04, the Chief Executive Officer now owns 180,625 shares.

Before that, Fink Nicholas I. sold 1,522 shares. Fortune Brands Innovations Inc shares valued at $89,366 were divested by the Chief Executive Officer at a price of $58.72 per share. As a result of the transaction, Fink Nicholas I. now holds 97,139 shares, worth roughly $5.71 million.

Truist downgraded its Fortune Brands Innovations Inc [FBIN] rating to a Hold from a a Buy in a research note published recently. A number of analysts have revised their coverage, including RBC Capital Mkts’s analysts, who increased its forecast for the stock in early August from “a Sector perform” to “an Outperform”. Deutsche Bank began covering FBIN with “Hold” recommendation on April 01, 2025. BMO Capital Markets revised its rating on January 31, 2024. It rated FBIN as “a Market perform” which previously was an “an Outperform”.

Price Performance Review of FBIN

On Tuesday, Fortune Brands Innovations Inc [NYSE:FBIN] saw its stock fall -3.28% to $58.75. Over the last five days, the stock has gained 2.17%. Fortune Brands Innovations Inc shares have fallen nearly -23.13% since the year began. Nevertheless, the stocks have fallen -14.02% over the past one year. While a 52-week high of $90.54 was reached on 01/21/25, a 52-week low of $47.21 was recorded on 04/09/25.

Levels Of Support And Resistance For FBIN Stock

The 24-hour chart illustrates a support level at 57.96, which if violated will result in even more drops to 57.16. On the upside, there is a resistance level at 60.08. A further resistance level may holdings at 61.40.

How much short interest is there in Fortune Brands Innovations Inc?

A steep rise in short interest was recorded in Fortune Brands Innovations Inc stocks on 2025-08-15, dropping by 74699.0 shares to a total of 3.68 million shares. Yahoo Finance data shows the prior-month short interest on 2025-07-15 was 3.75 million shares. There was a decline of -2.03%, which implies that there is a negative sentiment for the stock.

The most recent change occurred on January 19, 2024 when Oppenheimer began covering the stock and recommended ‘”a Perform”‘ rating.

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