F.N.B. Corporation (NYSE:FNB) has tumbled 3.67% during the past week and has dropped 3.59% in the last 4 week period. The stocks are negative as compared to the S&P 500 for the past week with a loss of 2.51%. F.N.B. Corporation (NYSE:FNB) has underperformed the index by 4.47% in the last 4 weeks. Investors should watch out for further signals and trade with caution.
F.N.B. Corporation (NYSE:FNB): The stock opened at $12.69 on Friday but the bulls could not build on the opening and the stock topped out at $12.82 for the day. The stock traded down to $12.57 during the day, due to lack of any buying support eventually closed down at $12.61 with a loss of -0.47% for the day. The stock had closed at $12.67 on the previous day. The total traded volume was 3,043,367 shares.
The company shares have dropped -11.63% from its 1 Year high price. On Jul 16, 2015, the shares registered one year high at $14.80 and the one year low was seen on Jan 26, 2016. The 50-Day Moving Average price is $13.00 and the 200 Day Moving Average price is recorded at $12.85.
On the companys insider trading activities, The Securities and Exchange Commission has divulged in a Form 4 filing that the director of Fnb Corp/Fl/, Mencini Frank C had purchased shares worth of $19,871 in a transaction dated on May 4, 2016. A total of 1,550 shares were purchased at a price of $12.82 per share. The information is based on open market trades at the market prices.Option exercises are not covered.
Currently the company Insiders own 1.63% of F.N.B. Corporation shares according to the proxy statements. In the past twelve weeks, the net percent change held by company insiders has changed by 36.91% . Institutional Investors own 68.5% of F.N.B. Corporation shares. During last six month period, the net percent change held by insiders has seen a change of 4.22%.
F.N.B. Corporation is a financial holding company. The Company has four business segments: Community Banking, Wealth Management, Insurance and Consumer Finance. The Company also operates other non-banking subsidiaries. The Companys Community Banking segment consists of First National Bank of Pennsylvania (FNBPA), which offers services, including commercial and individual demand, savings and time deposit accounts and commercial, mortgage and individual instalment loans. The Companys Wealth Management segment delivers wealth management services to individuals, corporations and retirement funds, as well as existing customers of Community Banking. The Companys Insurance segment operates principally through First National Insurance Agency, LLC (FNIA), which is a subsidiary of the Corporation. The Companys Consumer Finance segment operates through its subsidiary, Regency Finance Company.