First Busey Corp.’s recent filing unveils that its Director Cassens Michael David unloaded Company’s shares for reported $51437.0 on Apr 15 ’24. In the deal valued at $22.36 per share,2,300 shares were sold. As a result of this transaction, Cassens Michael David now holds 139,804 shares worth roughly $3.27 million.
Then, Powers John Joseph bought 1,005 shares, generating $20,541 in total proceeds. Upon buying the shares at $20.44, the EVP & General Counsel now owns 15,276 shares.
Before that, Jones Jeffrey David bought 1,005 shares. First Busey Corp. shares valued at $20,541 were divested by the EVP & CFO at a price of $20.44 per share. As a result of the transaction, Jones Jeffrey David now holds 6,413 shares, worth roughly $0.15 million.
Raymond James upgraded its First Busey Corp. [BUSE] rating to an Outperform from a a Mkt perform in a research note published recently. A number of analysts have revised their coverage, including Stephens’s analysts, who increased its forecast for the stock in early April from “an Equal-weight” to “an Overweight”. DA Davidson also remained covering BUSE and has decreased its forecast on February 03, 2020 with a “Neutral” recommendation from previously “Buy” rating. B. Riley FBR revised its rating on January 09, 2020. It rated BUSE as “a Buy” which previously was an “a Neutral”.
Price Performance Review of BUSE
On Tuesday, First Busey Corp. [NASDAQ:BUSE] saw its stock fall -0.30% to $23.42. Over the last five days, the stock has gained 4.83%. First Busey Corp. shares have fallen nearly -5.64% since the year began. Nevertheless, the stocks have risen 30.18% over the past one year. While a 52-week high of $25.80 was reached on 01/02/24, a 52-week low of $16.65 was recorded on 04/18/24. SMA at 50 days reached $23.03, while 200 days put it at $22.01. A total of 0.23 million shares were traded, compared to the trading of 0.14 million shares in the previous session.
Levels Of Support And Resistance For BUSE Stock
The 24-hour chart illustrates a support level at 23.22, which if violated will result in even more drops to 23.01. On the upside, there is a resistance level at 23.71. A further resistance level may holdings at 23.99. The Relative Strength Index (RSI) on the 14-day chart is 55.80, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 0.56, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bullish at 24.02%. Stochastics %K at 83.75% indicates the stock is a selling.
