In a filing, NBT Bancorp. Inc revealed its EVP, Chief Risk and Credit Wiles Amy unloaded Company’s shares for reported $25655.0 on Dec 13 ’24. In the deal valued at $51.31 per share,500 shares were sold. As a result of this transaction, Wiles Amy now holds 27,409 shares worth roughly $1.34 million.
Then, Wiles Amy bought 500 shares, generating $25,655 in total proceeds.
Before that, Robinson V Daniel II sold 194 shares. NBT Bancorp. Inc shares valued at $10,030 were divested by the Director at a price of $51.70 per share. As a result of the transaction, Robinson V Daniel II now holds 18,849 shares, worth roughly $0.92 million.
Stephens downgraded its NBT Bancorp. Inc [NBTB] rating to an Equal-weight from a an Overweight in a research note published on July 25, 2024; the price target was increased to $49 from $42. A number of analysts have revised their coverage, including Raymond James’s analysts, who decreased its forecast for the stock in late July from “an Outperform” to “a Mkt perform”. Janney also remained covering NBTB and has increased its forecast on March 21, 2024 with a “Buy” recommendation from previously “Neutral” rating. Raymond James revised its rating on June 06, 2023. It rated NBTB as “an Outperform” which previously was an “a Strong buy”.
Price Performance Review of NBTB
On Friday, NBT Bancorp. Inc [NASDAQ:NBTB] saw its stock jump 1.26% to $48.88. Over the last five days, the stock has lost -5.38%. NBT Bancorp. Inc shares have risen nearly 16.63% since the year began. Nevertheless, the stocks have risen 16.21% over the past one year. While a 52-week high of $52.44 was reached on 12/17/24, a 52-week low of $32.79 was recorded on 03/20/24. SMA at 50 days reached $48.18, while 200 days put it at $42.21.
Levels Of Support And Resistance For NBTB Stock
The 24-hour chart illustrates a support level at 47.97, which if violated will result in even more drops to 47.07. On the upside, there is a resistance level at 49.76. A further resistance level may holdings at 50.65. The Relative Strength Index (RSI) on the 14-day chart is 46.10, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -1.72, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 79.29%. Stochastics %K at 10.10% indicates the stock is a buying.
How much short interest is there in NBT Bancorp. Inc?
A steep rise in short interest was recorded in NBT Bancorp. Inc stocks on 2024-11-29, growing by 0.17 million shares to a total of 1.22 million shares. Yahoo Finance data shows the prior-month short interest on 2024-10-31 was 1.05 million shares. There was a rise of 14.04%, which implies that there is a positive sentiment for the stock.
The most recent change occurred on December 21, 2022 when Raymond James began covering the stock and recommended ‘”a Strong buy”‘ rating along with a $49 price target.
