KD Logo

Bancorp Inc. (TBBK) receives an Outperform rating from Raymond James

CHWY Stock

Bancorp Inc.’s filing revealed that its Director Creuzot Cheryl unloaded Company’s shares for reported $25006.0 on Jun 03 ’24. In the deal valued at $32.64 per share,766 shares were sold. As a result of this transaction, Creuzot Cheryl now holds 7,638 shares worth roughly $0.4 million.

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

Then, Lamb William H bought 1,000 shares, generating $32,445 in total proceeds. Upon buying the shares at $32.45, the Director now owns 215,038 shares.

Before that, KOZLOV HERSH bought 1,000 shares. Bancorp Inc. shares valued at $32,530 were divested by the Director at a price of $32.53 per share. As a result of the transaction, KOZLOV HERSH now holds 111,264 shares, worth roughly $5.81 million.

Raymond James initiated its Bancorp Inc. [TBBK] rating to an Outperform in a research note published on January 30, 2023; the price target was $38. A number of analysts have revised their coverage, including Keefe Bruyette’s analysts, who began to cover the stock in mid January with a ‘”an Outperform”‘ rating. Sandler O’Neill also remained covering TBBK and has increased its forecast on December 03, 2019 with a “Buy” recommendation from previously “Hold” rating. Raymond James revised its rating on January 26, 2018. It rated TBBK as “a Strong buy” which previously was an “an Outperform”.

Price Performance Review of TBBK

On Friday, Bancorp Inc. [NASDAQ:TBBK] saw its stock jump 5.51% to $52.26. Over the last five days, the stock has gained 6.98%. Bancorp Inc. shares have risen nearly 35.53% since the year began. Nevertheless, the stocks have risen 45.77% over the past one year. While a 52-week high of $53.48 was reached on 07/31/24, a 52-week low of $29.92 was recorded on 04/30/24. SMA at 50 days reached $44.01, while 200 days put it at $38.91.

Levels Of Support And Resistance For TBBK Stock

The 24-hour chart illustrates a support level at 50.02, which if violated will result in even more drops to 47.79. On the upside, there is a resistance level at 53.68. A further resistance level may holdings at 55.10. The Relative Strength Index (RSI) on the 14-day chart is 69.64, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 2.50, which suggests price will go up in the next trading period. Percent R suggests that price movement has been bullish at 7.88%. Stochastics%K at 86.77% indicates the stock is a selling.

How much short interest is there in Bancorp Inc.?

A steep rise in short interest was recorded in Bancorp Inc. stocks on 2024-07-31, growing by 1.11 million shares to a total of 7.51 million shares. Yahoo Finance data shows the prior-month short interest on 2024-06-28 was 6.4 million shares. There was a rise of 14.78%, which implies that there is a positive sentiment for the stock.

Most Popular