UMB Financial Corp’s filing revealed that its Affiliate R C Kemper Jr Charitable Trust acquired Company’s shares for reported $0.29 million on Jan 02 ’25. In the deal valued at $113.06 per share,2,550 shares were bought.
Then, R C Kemper Charitable Trust & bought 1,250 shares, generating $141,325 in total proceeds.
Before that, Bebe & Crosby Kemper Foundatio bought 576 shares. UMB Financial Corp shares valued at $65,123 were divested by the Affiliate at a price of $113.06 per share.
RBC Capital Mkts initiated its UMB Financial Corp [UMBF] rating to a Sector perform in a research note published on November 22, 2024; the price target was $130. A number of analysts have revised their coverage, including Morgan Stanley’s analysts, who began to cover the stock in late November with a ‘”an Overweight”‘ rating. Citigroup began covering UMBF with “Buy” recommendation on October 10, 2024. Keefe Bruyette revised its rating on May 31, 2024. It rated UMBF as “an Outperform” which previously was an “a Mkt perform”.
Price Performance Review of UMBF
On Friday, UMB Financial Corp [NASDAQ:UMBF] saw its stock fall -0.50% to $109.77. Over the last five days, the stock has lost -1.81%. UMB Financial Corp shares have fallen nearly -2.74% since the year began. Nevertheless, the stocks have risen 35.32% over the past one year. While a 52-week high of $129.94 was reached on 01/06/25, a 52-week low of $76.00 was recorded on 01/10/25. SMA at 50 days reached $118.86, while 200 days put it at $98.64.
Levels Of Support And Resistance For UMBF Stock
The 24-hour chart illustrates a support level at 106.99, which if violated will result in even more drops to 104.21. On the upside, there is a resistance level at 111.55. A further resistance level may holdings at 113.34. The Relative Strength Index (RSI) on the 14-day chart is 32.54, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -2.77, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 72.73%. Stochastics %K at 15.55% indicates the stock is a buying.
How much short interest is there in UMB Financial Corp?
A steep rise in short interest was recorded in UMB Financial Corp stocks on 2024-12-13, dropping by -0.22 million shares to a total of 3.03 million shares. Yahoo Finance data shows the prior-month short interest on 2024-11-15 was 3.25 million shares. There was a decline of -7.34%, which implies that there is a negative sentiment for the stock.
