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Analysts review Seacoast Banking Corp. Of Florida’s rating

Seacoast Banking Corp. Of Florida’s filing revealed that its EVP, Chief Credit Officer STALLINGS JAMES C III unloaded Company’s shares for reported $94204.0 on May 06 ’24. In the deal valued at $24.44 per share,3,855 shares were sold. As a result of this transaction, STALLINGS JAMES C III now holds 0 shares worth roughly $0.0.

Then, Lipstein Robert J bought 1,250 shares, generating $24,987 in total proceeds. Upon buying the shares at $19.99, the Director now owns 15,165 shares.

Before that, STALLINGS JAMES C III sold 2,990 shares. Seacoast Banking Corp. Of Florida shares valued at $71,105 were divested by the EVP, Chief Credit Officer at a price of $23.78 per share. As a result of the transaction, STALLINGS JAMES C III now holds 0 shares, worth roughly $0.0.

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 Tuesday, Seacoast Banking Corp. Of Florida [NASDAQ:SBCF] saw its stock fall -0.21% to $24.04. Over the last five days, the stock has lost -0.78%. Seacoast Banking Corp. Of Florida shares have fallen nearly -15.53% since the year began. Nevertheless, the stocks have risen 26.06% over the past one year. While a 52-week high of $29.98 was reached on 01/02/24, a 52-week low of $19.00 was recorded on 04/16/24. SMA at 50 days reached $23.97, while 200 days put it at $23.92. A total of 0.25 million shares were traded, compared to the trading of 0.29 million shares in the previous session.

Levels Of Support And Resistance For SBCF Stock

The 24-hour chart illustrates a support level at 23.82, which if violated will result in even more drops to 23.59. On the upside, there is a resistance level at 24.32. A further resistance level may holdings at 24.59. The Relative Strength Index (RSI) on the 14-day chart is 52.13, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 0.19, which suggests price will go down in the next trading period. Percent R suggests that price movement has been low at 43.78%. Stochastics %K at 63.89% indicates the stock is a holding.

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