Community Financial System Inc.’s recently made public that its President & CEO Karaivanov Dimitar acquired Company’s shares for reported $43520.0 on Jun 13 ’24. In the deal valued at $43.52 per share,1,000 shares were bought. As a result of this transaction, Karaivanov Dimitar now holds 19,653 shares worth roughly $1.15 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, Bolus Mark J. sold 3,631 shares, generating $163,395 in total proceeds. Upon selling the shares at $45.00, the Director now owns 96,364 shares.
Before that, Karaivanov Dimitar bought 1,000 shares. Community Financial System Inc. shares valued at $43,700 were divested by the President & CEO at a price of $43.70 per share. As a result of the transaction, Karaivanov Dimitar now holds 16,265 shares, worth roughly $0.96 million.
Raymond James downgraded its Community Financial System Inc. [CBU] rating to a Mkt perform from a an Outperform in a research note published recently. A number of analysts have revised their coverage, including Hovde Group’s analysts, who increased its forecast for the stock in late June from “a Market perform” to “an Outperform”. Raymond James also remained covering CBU and has increased its forecast on June 06, 2023 with a “an Outperform” recommendation from previously “Mkt perform” rating. Janney started covering the stock on March 14, 2023. It rated CBU as “a Buy”.
Price Performance Review of CBU
On Friday, Community Financial System Inc. [NYSE:CBU] saw its stock fall -1.92% to $58.75. Over the last five days, the stock has gained 2.01%. Community Financial System Inc. shares have risen nearly 12.74% since the year began. Nevertheless, the stocks have risen 40.18% over the past one year. While a 52-week high of $63.95 was reached on 07/26/24, a 52-week low of $35.38 was recorded on 04/18/24. SMA at 50 days reached $58.80, while 200 days put it at $49.67.
Levels Of Support And Resistance For CBU Stock
The 24-hour chart illustrates a support level at 58.17, which if violated will result in even more drops to 57.60. On the upside, there is a resistance level at 59.60. A further resistance level may holdings at 60.46. The Relative Strength Index (RSI) on the 14-day chart is 51.95, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 0.67, which suggests price will go down in the next trading period. Percent R suggests that price movement has been low at 43.38%. Stochastics %K at 58.31% indicates the stock is a holding.
How much short interest is there in Community Financial System Inc.?
A steep rise in short interest was recorded in Community Financial System Inc. stocks on 2024-08-30, dropping by -0.31 million shares to a total of 1.37 million shares. Yahoo Finance data shows the prior-month short interest on 2024-07-31 was 1.68 million shares. There was a decline of -22.26%, which implies that there is a negative sentiment for the stock.
The most recent change occurred on December 21, 2022 when Raymond James began covering the stock and recommended ‘”a Mkt perform”‘ rating .
