In a filing, Associated Banc-Corp. revealed its Executive Vice President Kitowski Nicole M unloaded Company’s shares for reported $0.11 million on Apr 30 ’24. In the deal valued at $21.23 per share,5,019 shares were sold. As a result of this transaction, Kitowski Nicole M now holds 37,993 shares worth roughly $0.84 million.
Then, VAN LITH KAREN sold 5,499 shares, generating $117,019 in total proceeds. Upon selling the shares at $21.28, the Director now owns 61,178 shares.
Before that, Utz John A. sold 14,010 shares. Associated Banc-Corp. shares valued at $297,031 were divested by the Executive Vice President at a price of $21.20 per share. As a result of the transaction, Utz John A. now holds 89,880 shares, worth roughly $1.99 million.
Barclays initiated its Associated Banc-Corp. [ASB] rating to an Equal weight in a research note published on March 08, 2024; the price target was $22. A number of analysts have revised their coverage, including Wells Fargo’s analysts, who decreased its forecast for the stock in early October from “an Overweight” to “an Equal weight”. Robert W. Baird also remained covering ASB and has increased its forecast on September 05, 2023 with a “an Outperform” recommendation from previously “Neutral” rating. Raymond James revised its rating on July 06, 2023. It rated ASB as “an Outperform” which previously was an “a Mkt perform”.
Price Performance Review of ASB
On Monday, Associated Banc-Corp. [NYSE:ASB] saw its stock jump 0.82% to $22.15. Over the last five days, the stock has gained 2.59%. Associated Banc-Corp. shares have risen nearly 3.55% since the year began. Nevertheless, the stocks have risen 46.30% over the past one year. While a 52-week high of $22.32 was reached on 05/03/24, a 52-week low of $14.47 was recorded on 02/13/24. SMA at 50 days reached $20.91, while 200 days put it at $19.19. A total of 0.86 million shares were traded, compared to the trading of 1.4 million shares in the previous session.
Levels Of Support And Resistance For ASB Stock
The 24-hour chart illustrates a support level at 22.04, which if violated will result in even more drops to 21.93. On the upside, there is a resistance level at 22.26. A further resistance level may holdings at 22.38. The Relative Strength Index (RSI) on the 14-day chart is 65.48, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 0.76, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bullish at 6.77%. Stochastics %K at 89.26% indicates the stock is a selling.
The most recent change occurred on March 15, 2023 when UBS began covering the stock and recommended ‘”a Neutral”‘ rating along with a $22 price target.
