Investors can expect a company’s stock to rise or fall based on the buying and selling of stock by its insiders. Esquire Financial Holdings Inc shares valued at $237,441 were sold by Melohn Joseph on Dec 18 ’24. At $79.15 per share, Melohn Joseph sold 3,000 shares. The insider’s holdings dropped to 0 shares worth approximately $0.0 following the completion of this transaction.
Also, ZISES SELIG sold 2,000 shares, netting a total of over 156,272 in proceeds. Following the sale of shares at $78.14 each, the insider now holds 57,601 shares.
Before that, Nigam Rena had added 640 shares to its account. In a trade valued at $49,600, the Director bought Esquire Financial Holdings Inc shares for $77.50 each. Upon closing the transaction, the insider’s holdings increased to 640 shares, worth approximately $0.15 million.
As published in a research note from Keefe Bruyette on October 02, 2024, Esquire Financial Holdings Inc [ESQ] has been rated down from an Outperform to a Mkt perform and the price target has been revised to $72 from $68. Analysts at Raymond James started covering the stock with ‘”a Strong buy”‘ outlook in a report released in mid January. As of October 18, 2022, Keefe Bruyette has initiated its “an Outperform” rating for ESQ.
Analyzing ESQ Stock Performance
During the last five days, there has been a surge of approximately 1.89%. Over the course of the year, Esquire Financial Holdings Inc shares have jumped approximately 1.89%. Shares of the company reached a 52-week high of $82.56 on 01/08/25 and a 52-week low of $76.99 on 01/02/25. A 50-day SMA is recorded $75.67, while a 200-day SMA reached $59.15. Nevertheless, trading volume fell to 58430.0 shares from 0.1 million shares the previous day.
Support And Resistance Levels for Esquire Financial Holdings Inc (ESQ)
According to the 24-hour chart, there is a support level at 79.99, which, if violated, would cause prices to drop to 78.99. In the upper region, resistance lies at 82.28. The next price resistance is at 83.57. RSI (Relative Strength Index) is 60.68 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at 0.88, which suggests the price will decrease in the coming days. Percent R is at 24.72%, indicating bullish price movement. Stochastics %K at holding indicates that the stock is to be held.
