Wintrust Financial Corp.’s recently made public that its EVP-CONTROLLER & CHIEF ACC OFF Hahnfeld Jeffrey D unloaded Company’s shares for reported $22257.0 on Apr 23 ’24. In the deal valued at $100.71 per share,221 shares were sold. As a result of this transaction, Hahnfeld Jeffrey D now holds 1,867 shares worth roughly $0.19 million.
Then, WEHMER EDWARD J sold 9,500 shares, generating $943,920 in total proceeds. Upon selling the shares at $99.36, the FOUNDER AND EXECUTIVE CHAIR now owns 177,124 shares.
Before that, DYKSTRA DAVID A sold 9,870 shares. Wintrust Financial Corp. shares valued at $948,112 were divested by the VICE CHAIRMAN AND COO at a price of $96.06 per share. As a result of the transaction, DYKSTRA DAVID A now holds 212,712 shares, worth roughly $21.43 million.
Barclays initiated its Wintrust Financial Corp. [WTFC] rating to an Overweight in a research note published on March 08, 2024; the price target was $135. 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. Hovde Group also remained covering WTFC and has increased its forecast on February 01, 2023 with a “an Outperform” recommendation from previously “Market perform” rating. Janney revised its rating on March 08, 2022. It rated WTFC as “a Buy” which previously was an “a Neutral”.
Price Performance Review of WTFC
On Tuesday, Wintrust Financial Corp. [NASDAQ:WTFC] saw its stock fall -0.29% to $100.73. Over the last five days, the stock has gained 4.23%. Wintrust Financial Corp. shares have risen nearly 8.60% since the year began. Nevertheless, the stocks have risen 53.88% over the past one year. While a 52-week high of $105.29 was reached on 03/28/24, a 52-week low of $59.85 was recorded on 02/07/24. SMA at 50 days reached $98.79, while 200 days put it at $88.22. A total of 0.43 million shares were traded, compared to the trading of 0.35 million shares in the previous session.
Levels Of Support And Resistance For WTFC Stock
The 24-hour chart illustrates a support level at 100.32, which if violated will result in even more drops to 99.90. On the upside, there is a resistance level at 101.48. A further resistance level may holdings at 102.22. The Relative Strength Index (RSI) on the 14-day chart is 57.05, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 1.85, which suggests price will go up in the next trading period. Percent R suggests that price movement has been bullish at 21.04%. Stochastics %K at 81.05% indicates the stock is a selling.
