The buying and selling of stock by a company’s insider give investors a sense that the stock will rise or fall in the future. United Community Banks Inc shares valued at $285,193 were sold by HARRALSON JEFFERSON L on Oct 28 ’24. At $27.76 per share, HARRALSON JEFFERSON L sold 10,275 shares. The insider’s holdings dropped to 43,991 shares worth approximately $1.46 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, HARRALSON JEFFERSON L purchased 10,275 shares, netting a total of over 290,268 in proceeds.
As published in a research note from Piper Sandler on October 19, 2023, United Community Banks Inc [UCB] has been rated down from an Overweight to a Neutral and the price target has been revised to $27 from $31. Analysts at Keefe Bruyette downgraded the stock from ‘”an Outperform”‘ to ‘”a Mkt perform”‘ outlook in a report released in mid July. As of April 04, 2023, Stephens has initiated its “an Overweight” rating for UCB. Earlier on January 19, 2023, Janney downgraded its rating. Their new recommendation was “a Neutral” for UCB stock which previously was a “a Buy”.
Analyzing UCB Stock Performance
During the last five days, there has been a surge of approximately 2.25%. Over the course of the year, United Community Banks Inc shares have jumped approximately 13.23%. Shares of the company reached a 52-week high of $33.42 on 11/11/24 and a 52-week low of $24.04 on 06/17/24. A 50-day SMA is recorded $29.57, while a 200-day SMA reached $27.41. Nevertheless, trading volume fell to 0.55 million shares from 0.73 million shares the previous day.
Support And Resistance Levels for United Community Banks Inc (UCB)
According to the 24-hour chart, there is a support level at 32.75, which, if violated, would cause prices to drop to 32.38. In the upper region, resistance lies at 33.45. The next price resistance is at 33.78. RSI (Relative Strength Index) is 65.88 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at 0.94, which suggests the price will decrease in the coming days. Percent R is at 4.80%, indicating bullish price movement. Stochastics %K at selling indicates that the stock is to be held.
