In a filing, Eagle Bancorp Inc (MD) revealed its EVP/CCO Williams Janice L. acquired Company’s shares for reported $4912.0 on May 01 ’24. In the deal valued at $19.65 per share,250 shares were bought. As a result of this transaction, Williams Janice L. now holds 108,127 shares worth roughly $2.14 million.
Then, RIEL SUSAN G bought 5,260 shares, generating $98,511 in total proceeds. Upon buying the shares at $18.73, the President & CEO now owns 332,210 shares.
Before that, Newell Eric R bought 1,000 shares. Eagle Bancorp Inc (MD) shares valued at $18,631 were divested by the EVP, Chief Financial Officer at a price of $18.63 per share. As a result of the transaction, Newell Eric R now holds 19,000 shares, worth roughly $0.38 million.
A number of analysts have revised their coverage, including Gabelli & Co’s analysts, who decreased its forecast for the stock in early March from “a Buy” to “a Hold”. Gabelli & Co also remained covering EGBN and has increased its forecast on January 29, 2021 with a “Buy” recommendation from previously “Hold” rating. Gabelli & Co revised its rating on January 08, 2021. It rated EGBN as “a Hold” which previously was an “a Buy”.
Price Performance Review of EGBN
On Tuesday, Eagle Bancorp Inc (MD) [NASDAQ:EGBN] saw its stock fall -1.64% to $19.76. Over the last five days, the stock has gained 6.87%. Eagle Bancorp Inc (MD) shares have fallen nearly -34.44% since the year began. Nevertheless, the stocks have fallen -4.17% over the past one year. While a 52-week high of $31.97 was reached on 01/02/24, a 52-week low of $16.72 was recorded on 04/30/24. SMA at 50 days reached $21.86, while 200 days put it at $23.87. A total of 0.26 million shares were traded, compared to the trading of 0.18 million shares in the previous session.
Levels Of Support And Resistance For EGBN Stock
The 24-hour chart illustrates a support level at 19.57, which if violated will result in even more drops to 19.37. On the upside, there is a resistance level at 20.11. A further resistance level may holdings at 20.45. The Relative Strength Index (RSI) on the 14-day chart is 41.37, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -0.32, which suggests price will go down in the next trading period. Percent R suggests that price movement has been low at 67.23%. Stochastics %K at 37.59% indicates the stock is a holding.
The most recent change occurred on December 17, 2020 when Seaport Global Securities began covering the stock and recommended ‘”a Neutral”‘ rating.
