Investors can expect a company’s stock to rise or fall based on the buying and selling of stock by its insiders. S & T Bancorp, Inc. shares valued at $341,550 were sold by HIEB WILLIAM J on Jun 06 ’24. At $31.05 per share, HIEB WILLIAM J sold 11,000 shares. The insider’s holdings dropped to 31,770 shares worth approximately $1.04 million following the completion of this transaction.
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
Also, Palermo Frank J Jr purchased 35 shares, netting a total of over 1,093 in proceeds. Following the buying of shares at $31.22 each, the insider now holds 3,263 shares.
As published in their initiating research note from Janney on September 29, 2022, S & T Bancorp, Inc. [STBA] has been a Neutral and the price target has been revised to $32. As of January 11, 2021, DA Davidson has decreased its “Buy” rating to a “Neutral” for STBA. Earlier on September 24, 2020, Boenning & Scattergood initiated its rating. Their recommendation was “an Outperform” for STBA stock.
Analyzing STBA Stock Performance
During the last five days, there has been a surge of approximately 1.89%. Over the course of the year, S & T Bancorp, Inc. shares have dropped approximately -1.77%. Shares of the company reached a 52-week high of $36.28 on 01/30/24 and a 52-week low of $28.83 on 04/18/24. A 50-day SMA is recorded $31.69, while a 200-day SMA reached $30.49. Nevertheless, trading volume fell to 64010.0 shares from 0.12 million shares the previous day.
Support And Resistance Levels for S & T Bancorp, Inc. (STBA)
According to the 24-hour chart, there is a support level at 32.56, which, if violated, would cause prices to drop to 32.29. In the upper region, resistance lies at 33.36. The next price resistance is at 33.88. RSI (Relative Strength Index) is 58.17 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at 1.24, which suggests the price will increase in the coming days. Percent R is at 22.60%, indicating bullish price movement. Stochastics%K at selling indicates that the stock is to be held.
