First Capital (NASDAQ:FCAP) Share Price Crosses Above Two Hundred Day Moving Average – Should You Sell?

First Capital, Inc. (NASDAQ:FCAP) shares passed above its 200-day moving average during trading on Monday . The stock has a 200-day moving average of $43.06 and traded as high as $45.50. First Capital shares last traded at $45.00, with a volume of 3,833 shares trading hands.

Analysts Set New Price Targets

Separately, Weiss Ratings restated a “hold (c)” rating on shares of First Capital in a research report on Thursday. One research analyst has rated the stock with a Hold rating, According to data from MarketBeat, First Capital has an average rating of “Hold”.

First Capital Stock Down 1.4%

The company has a fifty day moving average price of $43.87 and a 200 day moving average price of $43.06. The stock has a market cap of $150.98 million, a PE ratio of 10.20 and a beta of 0.68.

First Capital (NASDAQ:FCAP) last issued its earnings results on Friday, October 24th. The savings and loans company reported $1.34 earnings per share for the quarter. The company had revenue of $13.26 million during the quarter. First Capital had a return on equity of 12.56% and a net margin of 23.29%.

Insider Activity

In other news, Director Kathy Ernstberger bought 972 shares of the firm’s stock in a transaction that occurred on Friday, August 29th. The shares were bought at an average cost of $41.10 per share, with a total value of $39,949.20. Following the completion of the purchase, the director directly owned 3,499 shares in the company, valued at $143,808.90. This represents a 38.46% increase in their ownership of the stock. The purchase was disclosed in a filing with the SEC, which is available at this link. Corporate insiders own 4.01% of the company’s stock.

Institutional Investors Weigh In On First Capital

Large investors have recently added to or reduced their stakes in the company. Geode Capital Management LLC increased its position in shares of First Capital by 109.7% in the second quarter. Geode Capital Management LLC now owns 78,226 shares of the savings and loans company’s stock valued at $3,231,000 after acquiring an additional 40,918 shares during the period. Vanguard Group Inc. increased its holdings in First Capital by 0.4% during the 3rd quarter. Vanguard Group Inc. now owns 71,010 shares of the savings and loans company’s stock valued at $3,252,000 after purchasing an additional 264 shares during the period. Truffle Hound Capital LLC raised its position in First Capital by 35.1% during the 1st quarter. Truffle Hound Capital LLC now owns 50,000 shares of the savings and loans company’s stock valued at $1,908,000 after purchasing an additional 13,000 shares during the last quarter. Bridgeway Capital Management LLC raised its position in First Capital by 7.9% during the 3rd quarter. Bridgeway Capital Management LLC now owns 34,703 shares of the savings and loans company’s stock valued at $1,589,000 after purchasing an additional 2,526 shares during the last quarter. Finally, Farther Finance Advisors LLC lifted its holdings in First Capital by 2,200.4% in the 3rd quarter. Farther Finance Advisors LLC now owns 24,430 shares of the savings and loans company’s stock worth $1,119,000 after buying an additional 23,368 shares during the period. Institutional investors own 11.65% of the company’s stock.

First Capital Company Profile

First Capital, Inc operates as the bank holding company for First Harrison Bank that provides various banking services to individuals and business customers. The company offers various deposit instruments, including non-interest-bearing checking accounts, negotiable order of withdrawal accounts, money market accounts, regular savings accounts, certificates of deposit, and retirement savings plans.