Seacoast Banking Corp. Of Florida’s filing revealed that its Director Lipstein Robert J acquired Company’s shares for reported $24987.0 on Oct 31 ’23. In the deal valued at $19.99 per share,1,250 shares were bought. As a result of this transaction, Lipstein Robert J now holds 15,165 shares worth roughly $0.36 million.
Then, STALLINGS JAMES C III sold 2,990 shares, generating $71,105 in total proceeds. Upon selling the shares at $23.78, the EVP, Chief Credit Officer now owns 0 shares.
Before that, FOGAL CHRISTOPHER E bought 2,385 shares. Seacoast Banking Corp. Of Florida shares valued at $49,274 were divested by the Director at a price of $20.66 per share. As a result of the transaction, FOGAL CHRISTOPHER E now holds 6,875 shares, worth roughly $0.16 million.
Hovde Group reiterated its Seacoast Banking Corp. Of Florida [SBCF] rating to an Outperform in a research note published on April 29, 2024; the price target was $29. A number of analysts have revised their coverage, including Truist’s analysts, who decreased its forecast for the stock in early January from “a Buy” to “a Hold”. Stephens began covering SBCF with “an Equal-weight” recommendation on September 13, 2023. Hovde Group revised its rating on March 17, 2023. It rated SBCF as “an Outperform” which previously was an “a Market perform”.
Price Performance Review of SBCF
On Monday, Seacoast Banking Corp. Of Florida [NASDAQ:SBCF] saw its stock jump 0.77% to $23.56. Over the last five days, the stock has gained 1.64%. Seacoast Banking Corp. Of Florida shares have fallen nearly -17.22% since the year began. Nevertheless, the stocks have risen 9.84% over the past one year. While a 52-week high of $29.98 was reached on 01/02/24, a 52-week low of $17.93 was recorded on 04/16/24. SMA at 50 days reached $23.98, while 200 days put it at $24.01. A total of 0.6 million shares were traded, compared to the trading of 0.33 million shares in the previous session.
Levels Of Support And Resistance For SBCF Stock
The 24-hour chart illustrates a support level at 23.15, which if violated will result in even more drops to 22.74. On the upside, there is a resistance level at 23.84. A further resistance level may holdings at 24.13. The Relative Strength Index (RSI) on the 14-day chart is 49.82, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 0.59, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bullish at 23.50%. Stochastics %K at 64.96% indicates the stock is a holding.
