Investors can speculate about the future of a stock by watching how its insiders buy and sell stocks. S & T Bancorp, Inc shares valued at $215,254 were sold by Palermo Frank J Jr on Nov 13 ’24. At $43.21 per share, Palermo Frank J Jr sold 4,982 shares. The insider’s holdings dropped to 0 shares worth approximately $0.0 following the completion of this transaction.
Also, Palermo Frank J Jr purchased 1,658 shares, netting a total of over 71,543 in proceeds.
Before that, HIEB WILLIAM J had sold 11,000 shares from its account. In a trade valued at $341,550, the Director traded S & T Bancorp, Inc shares for $31.05 each. Upon closing the transaction, the insider’s holdings decreased to 11,000 shares, worth approximately $1.17 million.
As published in their initiating research note from Janney on September 29, 2022, S & T Bancorp, Inc [STBA] has been a Neutral and the price target has been revised to $32. As of January 11, 2021, DA Davidson has decreased its “Buy” rating to a “Neutral” for STBA. Earlier on September 24, 2020, Boenning & Scattergood initiated its rating. Their recommendation was “an Outperform” for STBA stock.
Analyzing STBA Stock Performance
During the last five days, there has been a drop of approximately -3.87%. Over the course of the year, S & T Bancorp, Inc shares have dropped approximately -3.87%. Shares of the company reached a 52-week high of $38.59 on 01/02/25 and a 52-week low of $36.36 on 01/08/25. A 50-day SMA is recorded $40.85, while a 200-day SMA reached $37.44. Nevertheless, trading volume fell to 0.21 million shares from 0.14 million shares the previous day.
Support And Resistance Levels for S & T Bancorp, Inc (STBA)
According to the 24-hour chart, there is a support level at 36.28, which, if violated, would cause prices to drop to 35.81. In the upper region, resistance lies at 37.29. The next price resistance is at 37.83. RSI (Relative Strength Index) is 26.18 on the 14-day chart, showing oversold technical sentiment. Moving Average Convergence Divergence (MACD) is at -1.28, which suggests the price will decrease in the coming days. Percent R is at 93.60%, indicating bearish price movement. Stochastics %K at buying indicates that the stock is to be held.
