In a filing, Wintrust Financial Corp revealed its EVP-CONTROLLER & CHIEF ACC OFF Hahnfeld Jeffrey D unloaded Company’s shares for reported $45845.0 on Nov 25 ’24. In the deal valued at $140.20 per share,327 shares were sold. As a result of this transaction, Hahnfeld Jeffrey D now holds 1,540 shares worth roughly $0.19 million.
Then, Hahnfeld Jeffrey D sold 158 shares, generating $21,848 in total proceeds. Upon selling the shares at $138.28, the EVP-CONTROLLER & CHIEF ACC OFF now owns 1,382 shares.
Before that, Jeffrey D. Hahnfeld bought 327 shares. Wintrust Financial Corp shares valued at $45,845 were divested by the EVP at a price of $140.20 per share.
A number of analysts have revised their coverage, including Keefe Bruyette’s analysts, who decreased its forecast for the stock in mid July from “an Outperform” to “a Mkt perform”. Barclays started covering the stock on March 08, 2024. It rated WTFC as “an Overweight”.
Price Performance Review of WTFC
On Tuesday, Wintrust Financial Corp [NASDAQ:WTFC] saw its stock jump 1.21% to $125.93. Over the last five days, the stock has lost -2.70%. Wintrust Financial Corp shares have risen nearly 36.64% since the year began. Nevertheless, the stocks have risen 36.44% over the past one year. While a 52-week high of $142.04 was reached on 11/25/24, a 52-week low of $89.68 was recorded on 02/07/24. SMA at 50 days reached $126.71, while 200 days put it at $107.71.
Levels Of Support And Resistance For WTFC Stock
The 24-hour chart illustrates a support level at 124.61, which if violated will result in even more drops to 123.29. On the upside, there is a resistance level at 126.62. A further resistance level may holdings at 127.31. The Relative Strength Index (RSI) on the 14-day chart is 44.18, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -5.24, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 77.14%. Stochastics %K at 16.60% indicates the stock is a buying.
How much short interest is there in Wintrust Financial Corp?
A steep rise in short interest was recorded in Wintrust Financial Corp stocks on 2024-11-29, dropping by 35021.0 shares to a total of 0.77 million shares. Yahoo Finance data shows the prior-month short interest on 2024-10-31 was 0.8 million shares. There was a decline of -4.57%, which implies that there is a negative sentiment for the stock.
The most recent change occurred on December 01, 2023 when Citigroup began covering the stock and recommended ‘”a Buy”‘ rating along with a $101 price target.
