Investors can speculate about the future of a stock by watching how its insiders buy and sell stocks. Midland States Bancorp Inc shares valued at $11,637 were sold by Spring Donald J. on Nov 11 ’24. At $27.00 per share, Spring Donald J. sold 431 shares. The insider’s holdings dropped to 5,442 shares worth approximately $0.13 million following the completion of this transaction.
Also, Donald Spring purchased 431 shares, netting a total of over 11,637 in proceeds.
Before that, Schultz Robert F. had sold 4,262 shares from its account. In a trade valued at $115,082, the Director traded Midland States Bancorp Inc shares for $27.00 each. Upon closing the transaction, the insider’s holdings decreased to 4,262 shares, worth approximately $0.0.
As published in their initiating research note from Raymond James on September 01, 2022, Midland States Bancorp Inc [MSBI] has been a Mkt perform. Analysts at Stephens downgraded the stock from ‘”an Overweight”‘ to ‘”an Equal-weight”‘ outlook in a report released in mid October. As of February 10, 2021, Stephens has increased its “an Equal-weight” rating to a “an Overweight” for MSBI. Earlier on July 13, 2020, Piper Sandler downgraded its rating. Their new recommendation was “a Neutral” for MSBI stock which previously was a “an Overweight”.
Analyzing MSBI Stock Performance
During the last five days, there has been a drop of approximately -3.36%. Over the course of the year, Midland States Bancorp Inc shares have dropped approximately -3.36%. Shares of the company reached a 52-week high of $24.84 on 01/02/25 and a 52-week low of $23.10 on 01/08/25. A 50-day SMA is recorded $25.80, while a 200-day SMA reached $23.61. Nevertheless, trading volume fell to 69503.0 shares from 0.12 million shares the previous day.
Support And Resistance Levels for Midland States Bancorp Inc (MSBI)
According to the 24-hour chart, there is a support level at 23.26, which, if violated, would cause prices to drop to 22.94. In the upper region, resistance lies at 23.74. The next price resistance is at 23.90. RSI (Relative Strength Index) is 32.58 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at -0.74, which suggests the price will decrease in the coming days. Percent R is at 84.42%, indicating bearish price movement. Stochastics %K at buying indicates that the stock is to be held.
