First Foundation Inc. (NASDAQ:FFWM) closed Monday at $7.31 per share, up from $6.92 a day earlier. While First Foundation Inc. has overperformed by 5.64%, investors are advised to look at stock chart patterns for technical insight. Within its last year performance, FFWM fell by -64.46%, with highs and lows ranging from $22.01 to $3.69, whereas the simple moving average fell by -30.50% in the last 200 days.
On February 03, 2023, Piper Sandler Downgraded First Foundation Inc. (NASDAQ: FFWM) to Neutral.
Analysis of First Foundation Inc. (FFWM)
The current dividend for FFWM investors is set at $0.08 per share, indicating investors will get a return regardless of how the company performs over the next quarter. Further, the quarter-over-quarter increase in sales is 73.20%, showing a positive trend in the upcoming months.
There are several well-rounded types of analysis and research techniques that can be used to gain a clear view of First Foundation Inc.’s future performance, with equity being one of the most critical indicators. The goal here is to ensure that your current return on equity of 9.80% is sufficient for you to turn a profit off your investment.
As an indicator of volatility for any stock, average volume can also be very valuable, and FFWM is recording an average volume of 1.19M. On a monthly basis, the volatility of the stock is set at 8.01%, whereas on a weekly basis, it is put at 10.14%, with a gain of 33.64% over the past seven days. Furthermore, long-term investors anticipate a median target price of $7.80, showing growth from the present price of $7.31, which can serve as yet another indication of whether FFWM is worth investing in or should be passed over.
How Do You Analyze First Foundation Inc. Shares?
Apart from looking at the fundamentals, you should also pay attention to the number of company employees who own shares. This is because the values should be in line with investors’ expectations. As such, the current holdings of company stock inside the company are set at 0.80%. This can enable you to see the extent to which executives own the company’s stock. As opposed to executive stock, institutional ownership accounts for 69.80% of the company’s shares, contributing to an indication of company value, since large shareholders may signify strength within the organization.
Are institutional investors increasing their holdings in FFWM shares?
The recent increase in stakes in FFWM appears to be a result of several institutional investors and hedge funds increasing their positions. BlackRock Fund Advisors’s position in FFWM has increased by 1.70% in the first quarter. The company now owns 3,715,787 shares of the stock, with a value of $14.75 million, following the purchase of 62,130 additional shares during the last quarter. The Vanguard Group, Inc. made another increased to its shares in FFWM during the first quarter, upping its stake by 3.57%. During the last quarter, the company picked up 91,546 additional shares for a total stake of worth $10.56 million, bringing number of shares owned by the company to 2,658,856.
During the first quarter, FIAM LLC added a 34,521 position in FFWM. Dimensional Fund Advisors LP purchased an additional 0.15 million shares in the last quarter, increasing its holdings by 6.62%, now holding 2.47 million shares worth $9.81 million. At the end of the first quarter, Fidelity Management & Research Co decreased its FFWM holdings by -1.54% and now holds 2.41 million FFWM shares valued at $9.58 million with the lessened 37816.0 shares during the period. FFWM shares are owned by institutional investors to the tune of 69.80% at present.