ServisFirst Bancshares Inc’s recent filing unveils that its Affiliate James Jay Filler acquired Company’s shares for reported $23.82 million on Dec 03 ’24. In the deal valued at $95.29 per share,250,000 shares were bought.
Then, ABBOTT HENRY FULBROOK sold 1,000 shares, generating $85,198 in total proceeds. Upon selling the shares at $85.20, the Chief Credit Officer, SVP now owns 8,501 shares.
Before that, RUSHING RODNEY ELDON sold 24,000 shares. ServisFirst Bancshares Inc shares valued at $1,943,040 were divested by the COO, EVP at a price of $80.96 per share. As a result of the transaction, RUSHING RODNEY ELDON now holds 76,000 shares, worth roughly $6.59 million.
Hovde Group reiterated its ServisFirst Bancshares Inc [SFBS] rating to a Market perform in a research note published on October 22, 2024; the price target was $91. A number of analysts have revised their coverage, including Hovde Group’s analysts, who remained covering the stock and in mid July has reiterated a ‘”a Market perform”‘ rating for it. Seaport Global Securities started covering the stock on August 20, 2021. It rated SFBS as “a Neutral”.
Price Performance Review of SFBS
On Tuesday, ServisFirst Bancshares Inc [NYSE:SFBS] saw its stock jump 0.86% to $86.76. Over the last five days, the stock has lost -5.95%. ServisFirst Bancshares Inc shares have risen nearly 30.21% since the year began. Nevertheless, the stocks have risen 28.31% over the past one year. While a 52-week high of $101.37 was reached on 11/25/24, a 52-week low of $58.05 was recorded on 02/07/24. SMA at 50 days reached $90.94, while 200 days put it at $74.61.
Levels Of Support And Resistance For SFBS Stock
The 24-hour chart illustrates a support level at 85.74, which if violated will result in even more drops to 84.71. On the upside, there is a resistance level at 87.37. A further resistance level may holdings at 87.97. The Relative Strength Index (RSI) on the 14-day chart is 37.60, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -5.03, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 79.48%. Stochastics %K at 16.35% indicates the stock is a buying.
How much short interest is there in ServisFirst Bancshares Inc?
A steep rise in short interest was recorded in ServisFirst Bancshares Inc stocks on 2024-11-29, dropping by 8839.0 shares to a total of 3.64 million shares. Yahoo Finance data shows the prior-month short interest on 2024-10-31 was 3.65 million shares. There was a decline of -0.24%, which implies that there is a negative sentiment for the stock.
