First Busey Corp’s recent filing unveils that its Principal Accounting Officer Phillips Scott A. acquired Company’s shares for reported $851.0 on Oct 28 ’24. In the deal valued at $24.50 per share,35 shares were bought. As a result of this transaction, Phillips Scott A. now holds 3,579 shares worth roughly $86754.95999999999.
Then, Phillips Scott A. bought 7 shares, generating $166 in total proceeds. Upon buying the shares at $24.50, the Principal Accounting Officer now owns 6,370 shares.
Before that, Phillips Scott A. bought 321 shares. First Busey Corp shares valued at $6,498 were divested by the Principal Accounting Officer at a price of $20.22 per share. As a result of the transaction, Phillips Scott A. now holds 3,545 shares, worth roughly $85930.79999999999.
Stephens downgraded its First Busey Corp [BUSE] rating to an Equal-weight from a an Overweight in a research note published recently. A number of analysts have revised their coverage, including Raymond James’s analysts, who increased its forecast for the stock in late January from “a Mkt perform” to “an Outperform”. Stephens also remained covering BUSE and has increased its forecast on April 09, 2020 with a “an Overweight” recommendation from previously “an Equal-weight” rating. DA Davidson revised its rating on February 03, 2020. It rated BUSE as “a Neutral” which previously was an “a Buy”.
Price Performance Review of BUSE
On Tuesday, First Busey Corp [NASDAQ:BUSE] saw its stock fall -0.25% to $24.24. Over the last five days, the stock has lost -5.79%. First Busey Corp shares have fallen nearly -2.34% since the year began. Nevertheless, the stocks have fallen -4.04% over the past one year. While a 52-week high of $28.97 was reached on 07/25/24, a 52-week low of $21.68 was recorded on 04/18/24. SMA at 50 days reached $25.91, while 200 days put it at $24.78.
Levels Of Support And Resistance For BUSE Stock
The 24-hour chart illustrates a support level at 24.04, which if violated will result in even more drops to 23.83. On the upside, there is a resistance level at 24.45. A further resistance level may holdings at 24.65. The Relative Strength Index (RSI) on the 14-day chart is 31.19, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -1.47, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 87.90%. Stochastics %K at 11.72% indicates the stock is a buying.
How much short interest is there in First Busey Corp?
A steep rise in short interest was recorded in First Busey Corp stocks on 2024-11-29, growing by 47247.0 shares to a total of 1.59 million shares. Yahoo Finance data shows the prior-month short interest on 2024-10-31 was 1.54 million shares. There was a rise of 2.98%, which implies that there is a positive sentiment for the stock.
