NBT Bancorp. Inc.’s filing revealed that its EVP, Chief Risk and Credit Wiles Amy unloaded Company’s shares for reported $21550.0 on Mar 15 ’24. In the deal valued at $33.62 per share,641 shares were sold. As a result of this transaction, Wiles Amy now holds 21,934 shares worth roughly $0.79 million.
Then, Kingsley Scott Allen bought 1,000 shares, generating $34,000 in total proceeds. Upon buying the shares at $34.00, the EVP & Chief Financial Officer now owns 26,513 shares.
Before that, SEIFTER LOWELL A sold 4,770 shares. NBT Bancorp. Inc. shares valued at $178,875 were divested by the Director at a price of $37.50 per share. As a result of the transaction, SEIFTER LOWELL A now holds 44,362 shares, worth roughly $1.6 million.
Janney upgraded its NBT Bancorp. Inc. [NBTB] rating to a Buy from a a Neutral in a research note published recently. A number of analysts have revised their coverage, including Raymond James’s analysts, who decreased its forecast for the stock in early June from “a Strong buy” to “an Outperform”. Raymond James began covering NBTB with “Strong buy” recommendation on December 21, 2022.
Price Performance Review of NBTB
On Tuesday, NBT Bancorp. Inc. [NASDAQ:NBTB] saw its stock jump 3.54% to $36.02. Over the last five days, the stock has gained 8.85%. NBT Bancorp. Inc. shares have fallen nearly -14.05% since the year began. Nevertheless, the stocks have risen 8.62% over the past one year. While a 52-week high of $43.77 was reached on 01/02/24, a 52-week low of $27.52 was recorded on 03/20/24. SMA at 50 days reached $34.71, while 200 days put it at $35.52. A total of 0.23 million shares were traded, compared to the trading of 0.14 million shares in the previous session.
Levels Of Support And Resistance For NBTB Stock
The 24-hour chart illustrates a support level at 34.98, which if violated will result in even more drops to 33.93. On the upside, there is a resistance level at 36.79. A further resistance level may holdings at 37.55. The Relative Strength Index (RSI) on the 14-day chart is 59.36, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 0.63, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bullish at 13.69%. Stochastics %K at 64.75% indicates the stock is a holding.
