In a filing, Enterprise Financial Services Corp revealed its Director SANBORN RICHARD unloaded Company’s shares for reported $5.96 million on Nov 06 ’24. In the deal valued at $59.56 per share,100,000 shares were sold. As a result of this transaction, SANBORN RICHARD now holds 40,950 shares worth roughly $2.32 million.
Then, Richard Sanborn bought 100,000 shares, generating $5,243,000 in total proceeds.
Before that, SANBORN RICHARD sold 94,815 shares. Enterprise Financial Services Corp shares valued at $5,094,410 were divested by the Director at a price of $53.73 per share. As a result of the transaction, SANBORN RICHARD now holds 139,460 shares, worth roughly $7.89 million.
Raymond James downgraded its Enterprise Financial Services Corp [EFSC] rating to a Mkt perform from a an Outperform in a research note published recently. A number of analysts have revised their coverage, including Raymond James’s analysts, who began to cover the stock in mid September with a ‘”an Outperform”‘ rating. Keefe Bruyette also remained covering EFSC and has increased its forecast on November 06, 2018 with a “an Outperform” recommendation from previously “Mkt perform” rating. FIG Partners revised its rating on October 29, 2018. It rated EFSC as “an Outperform” which previously was an “a Market perform”.
Price Performance Review of EFSC
On Friday, Enterprise Financial Services Corp [NASDAQ:EFSC] saw its stock jump 1.38% to $56.59. Over the last five days, the stock has lost -4.42%. Enterprise Financial Services Corp shares have risen nearly 26.74% since the year began. Nevertheless, the stocks have risen 27.54% over the past one year. While a 52-week high of $63.13 was reached on 11/25/24, a 52-week low of $37.28 was recorded on 05/29/24. SMA at 50 days reached $56.93, while 200 days put it at $47.11.
Levels Of Support And Resistance For EFSC Stock
The 24-hour chart illustrates a support level at 55.44, which if violated will result in even more drops to 54.29. On the upside, there is a resistance level at 57.52. A further resistance level may holdings at 58.45. The Relative Strength Index (RSI) on the 14-day chart is 42.05, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -2.81, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 73.58%. Stochastics %K at 16.22% indicates the stock is a buying.
How much short interest is there in Enterprise Financial Services Corp?
A steep rise in short interest was recorded in Enterprise Financial Services Corp stocks on 2024-11-29, dropping by -0.26 million shares to a total of 0.44 million shares. Yahoo Finance data shows the prior-month short interest on 2024-10-31 was 0.7 million shares. There was a decline of -58.98%, which implies that there is a negative sentiment for the stock.
