KD Logo

Old National Bancorp [ONB] Insider FALCONER BRENDON B sells 49,375 Shares – Latest Insider Activity

Old National Bancorp’s recent filing unveils that its CHIEF FINANCIAL OFFICER FALCONER BRENDON B unloaded Company’s shares for reported $0.8 million on Apr 25 ’24. In the deal valued at $16.28 per share,49,375 shares were sold. As a result of this transaction, FALCONER BRENDON B now holds 88,712 shares worth roughly $1.48 million.

Then, SCUDDER MICHAEL L sold 50,000 shares, generating $840,500 in total proceeds. Upon selling the shares at $16.81, the EXECUTIVE CHAIRMAN now owns 215,796 shares.

Before that, Moran John V bought 2,500 shares. Old National Bancorp shares valued at $49,625 were divested by the EVP, CHIEF STRATEGY OFFICER at a price of $19.85 per share. As a result of the transaction, Moran John V now holds 2,500 shares, worth roughly $41750.0.

Barclays initiated its Old National Bancorp [ONB] rating to an Overweight in a research note published on March 08, 2024; the price target was $20. A number of analysts have revised their coverage, including Citigroup’s analysts, who began to cover the stock in early December with a ‘”a Buy”‘ rating. UBS also remained covering ONB and has increased its forecast on July 10, 2023 with a “Buy” recommendation from previously “Neutral” rating. UBS started covering the stock on March 15, 2023. It rated ONB as “a Neutral”.

Price Performance Review of ONB

On Monday, Old National Bancorp [NASDAQ:ONB] saw its stock jump 0.78% to $16.70. Over the last five days, the stock has gained 1.46%. Old National Bancorp shares have fallen nearly -1.12% since the year began. Nevertheless, the stocks have risen 24.35% over the past one year. While a 52-week high of $17.64 was reached on 03/28/24, a 52-week low of $11.66 was recorded on 02/13/24. SMA at 50 days reached $16.46, while 200 days put it at $15.79. A total of 2.4 million shares were traded, compared to the trading of 2.28 million shares in the previous session.

Levels Of Support And Resistance For ONB Stock

The 24-hour chart illustrates a support level at 16.60, which if violated will result in even more drops to 16.51. On the upside, there is a resistance level at 16.81. A further resistance level may holdings at 16.91. The Relative Strength Index (RSI) on the 14-day chart is 56.06, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 0.51, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bullish at 12.87%. Stochastics %K at 82.16% indicates the stock is a selling.

Most Popular

[the_ad id="945"]