Analysts optimistic about FBP’s future growth prospects

Investors can speculate about the future of a stock by watching how its insiders buy and sell stocks. First Bancorp PR shares valued at $2,082,960 were purchased by PANCHAM CASSAN on Jun 26 ’25. At $21.04 per share, PANCHAM CASSAN acquired 99,000 shares.

Also, ALEMAN AURELIO sold 22,871 shares, netting a total of over 469,352 in proceeds. Following the sale of shares at $20.52 each, the insider now holds 1,109,547 shares.

Before that, HERENCIA ROBERTO R had sold 14,738 shares from its account. In a trade valued at $300,912, the Director traded First Bancorp PR shares for $20.42 each. Upon closing the transaction, the insider’s holdings decreased to 14,738 shares, worth approximately $13.83 million.

As published in a research note from Wells Fargo on April 09, 2025, First Bancorp PR [FBP] has been rated up from an Equal weight to an Overweight and the price target has been revised to $20. Analysts at Hovde Group resumed the stock at ‘”an Outperform”‘ outlook in a report released in late October. Earlier on July 24, 2024, Hovde Group resumed its rating. Their recommendation was “an Outperform” for FBP stock.

Analyzing FBP Stock Performance

On last trading session,, First Bancorp PR [NYSE: FBP] rose 0.05% to $21.71. The stock’s lowest price that day was $21.595, but it reached a high of $21.93 in the same session. During the last five days, there has been a surge of approximately 1.59%. Over the course of the year, First Bancorp PR shares have jumped approximately 21.35%. Shares of the company reached a 52-week high of $22.08 on 07/07/25 and a 52-week low of $16.40 on 04/07/25.

Support And Resistance Levels for First Bancorp PR (FBP)

According to the 24-hour chart, there is a support level at 21.56, which, if violated, would cause prices to drop to 21.41. In the upper region, resistance lies at 21.90. The next price resistance is at 22.08. RSI (Relative Strength Index) is 66.63 on the 14-day chart, showing neutral technical sentiment.

Is First Bancorp PR subject to short interest?

Stocks of First Bancorp PR saw a sharp rise in short interest on 2025-06-13 jumping by 0.39 million shares to 3.7 million. Data from Yahoo Finance shows that the short interest on 2025-05-15 was 3.31 million shares. A jump of 10.65% in short interest reflects a negative sentiment towards the stock. Despite the fact that short shares comprise just 3.75 of the overall float, the days-to-cover ratio (short ratio) jumped to 3.75.

Which companies own the most shares of First Bancorp PR (FBP)?

In terms of First Bancorp PR share price expectations, FactSet research, analysts set an average price target of 22 in the next 12 months, up nearly 1.38% from the previous closing price of $21.7. Analysts anticipate First Bancorp PR stock to reach 22 by 2025, with the lowest price target being 22. In spite of this, 3 analysts ranked First Bancorp PR stock as Buy at the end of 2025. On July 09, 2024, Raymond James assigned a price target of “an Outperform” to the stock and initiated coverage with a $21.

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