MidWestOne Financial Group Inc’s filing revealed that its Director Hayek Matthew J acquired Company’s shares for reported $50000.0 on Sep 30 ’24. In the deal valued at $25.00 per share,2,000 shares were bought. As a result of this transaction, Hayek Matthew J now holds 11,293 shares worth roughly $0.34 million.
Then, GREEFF DOUGLAS H bought 4,000 shares, generating $100,000 in total proceeds. Upon buying the shares at $25.00, the Director now owns 13,891 shares.
Before that, Sims Gary L bought 2,000 shares. MidWestOne Financial Group Inc shares valued at $50,000 were divested by the SVP & Chief Credit Officer at a price of $25.00 per share. As a result of the transaction, Sims Gary L now holds 15,378 shares, worth roughly $0.46 million.
Keefe Bruyette upgraded its MidWestOne Financial Group Inc [MOFG] rating to an Outperform from a a Mkt perform in a research note published on December 17, 2024; the price target was increased to $39 from $34. A number of analysts have revised their coverage, including Hovde Group’s analysts, who remained covering the stock and in late April has reiterated a ‘”a Market perform”‘ rating for it.
Price Performance Review of MOFG
On Friday, MidWestOne Financial Group Inc [NASDAQ:MOFG] saw its stock jump 1.96% to $30.23. Over the last five days, the stock has gained 9.41%. MidWestOne Financial Group Inc shares have risen nearly 3.81% since the year began. Nevertheless, the stocks have risen 22.49% over the past one year. While a 52-week high of $34.56 was reached on 01/17/25, a 52-week low of $19.43 was recorded on 01/10/25. SMA at 50 days reached $31.25, while 200 days put it at $26.50.
Levels Of Support And Resistance For MOFG Stock
The 24-hour chart illustrates a support level at 29.71, which if violated will result in even more drops to 29.20. On the upside, there is a resistance level at 30.62. A further resistance level may holdings at 31.02. The Relative Strength Index (RSI) on the 14-day chart is 53.96, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 0.92, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bullish at 7.85%. Stochastics %K at 82.24% indicates the stock is a selling.
How much short interest is there in MidWestOne Financial Group Inc?
A steep rise in short interest was recorded in MidWestOne Financial Group Inc stocks on 2024-12-31, growing by 0.27 million shares to a total of 0.33 million shares. Yahoo Finance data shows the prior-month short interest on 2024-11-29 was 60420.0 shares. There was a rise of 81.6%, which implies that there is a positive sentiment for the stock.
The most recent change occurred on June 12, 2023 when Hovde Group began covering the stock and recommended ‘”an Outperform”‘ rating .
