First Bancorp PR’s recent filing unveils that its EVP and CRO RIVERA NAYDA unloaded Company’s shares for reported $0.2 million on May 02 ’25. In the deal valued at $20.20 per share,10,000 shares were sold. As a result of this transaction, RIVERA NAYDA now holds 240,211 shares worth roughly $4.79 million.
Then, RIVERA NAYDA bought 10,000 shares, generating $200,000 in total proceeds.
Before that, Power Carlos sold 45,797 shares. First Bancorp PR shares valued at $951,204 were divested by the EVP at a price of $20.77 per share. As a result of the transaction, Power Carlos now holds 186,543 shares, worth roughly $3.72 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 -0.25% to $19.93. Over the last five days, the stock has lost -1.48%. First Bancorp PR shares have risen nearly 7.21% since the year began. Nevertheless, the stocks have risen 13.56% 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. SMA at 50 days reached $19.42, while 200 days put it at $19.88.
Levels Of Support And Resistance For FBP Stock
The 24-hour chart illustrates a support level at 19.73, which if violated will result in even more drops to 19.53. On the upside, there is a resistance level at 20.07. A further resistance level may holdings at 20.20. The Relative Strength Index (RSI) on the 14-day chart is 47.81, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -0.52, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 81.39%. Stochastics %K at 19.77% indicates the stock is a buying.
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.
