Investors can speculate about the future of a stock by watching how its insiders buy and sell stocks. Nicolet Bankshares Inc shares valued at $859,817 were sold by ATWELL ROBERT BRUCE on Dec 10 ’24. At $113.00 per share, ATWELL ROBERT BRUCE sold 7,609 shares. The insider’s holdings dropped to 32,831 shares worth approximately $3.41 million following the completion of this transaction.
Also, ATWELL ROBERT BRUCE purchased 7,609 shares, netting a total of over 859,817 in proceeds.
Before that, ATWELL ROBERT BRUCE had sold 8,945 shares from its account. In a trade valued at $1,010,785, the Director traded Nicolet Bankshares Inc shares for $113.00 each. Upon closing the transaction, the insider’s holdings decreased to 8,945 shares, worth approximately $3.41 million.
As published in a research note from Maxim Group on October 17, 2024, Nicolet Bankshares Inc [NIC] has been retained to a Buy and the price target has been revised to $124. Analysts at Hovde Group upgraded the stock from ‘”a Market perform”‘ to ‘”an Outperform”‘ outlook in a report released in early March. Earlier on October 25, 2023, Stephens downgraded its rating. Their new recommendation was “an Equal-weight” for NIC stock which previously was a “an Overweight”.
Analyzing NIC Stock Performance
During the last five days, there has been a drop of approximately -1.04%. Over the course of the year, Nicolet Bankshares Inc shares have dropped approximately -1.04%. Shares of the company reached a 52-week high of $106.19 on 01/02/25 and a 52-week low of $101.16 on 01/08/25. A 50-day SMA is recorded $108.57, while a 200-day SMA reached $93.18. Nevertheless, trading volume fell to 66520.0 shares from 33200.0 shares the previous day.
Support And Resistance Levels for Nicolet Bankshares Inc (NIC)
According to the 24-hour chart, there is a support level at 101.69, which, if violated, would cause prices to drop to 99.55. In the upper region, resistance lies at 105.43. The next price resistance is at 107.03. RSI (Relative Strength Index) is 40.92 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at -1.55, which suggests the price will decrease in the coming days. Percent R is at 78.06%, indicating bearish price movement. Stochastics %K at buying indicates that the stock is to be held.
