The buying and selling of stock by a company’s insider give investors a sense that the stock will rise or fall in the future. UMB Financial Corp shares valued at $288,303 were purchased by R C Kemper Jr Charitable Trust on Jan 02 ’25. At $113.06 per share, R C Kemper Jr Charitable Trust acquired 2,550 shares.
Also, R C Kemper Charitable Trust & purchased 1,250 shares, netting a total of over 141,325 in proceeds.
Before that, Bebe & Crosby Kemper Foundatio had added 576 shares to its account. In a trade valued at $65,123, the Affiliate bought UMB Financial Corp shares for $113.06 each.
As published in their initiating research note from RBC Capital Mkts on November 22, 2024, UMB Financial Corp [UMBF] has been a Sector perform and the price target has been revised to $130. Analysts at Morgan Stanley started covering the stock with ‘”an Overweight”‘ outlook in a report released in late November. As of October 10, 2024, Citigroup has initiated its “Buy” rating for UMBF. Earlier on May 31, 2024, Keefe Bruyette upgraded its rating. Their new recommendation was “an Outperform” for UMBF stock which previously was a “a Mkt perform”.
Analyzing UMBF Stock Performance
During the last five days, there has been a surge of approximately 0.84%. Over the course of the year, UMB Financial Corp shares have jumped approximately 6.83%. Shares of the company reached a 52-week high of $122.41 on 01/21/25 and a 52-week low of $105.99 on 01/10/25. A 50-day SMA is recorded $119.79, while a 200-day SMA reached $100.03. Nevertheless, trading volume fell to 0.52 million shares from 0.37 million shares the previous day.
Support And Resistance Levels for UMB Financial Corp (UMBF)
According to the 24-hour chart, there is a support level at 119.76, which, if violated, would cause prices to drop to 118.94. In the upper region, resistance lies at 121.51. The next price resistance is at 122.45. RSI (Relative Strength Index) is 59.04 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at 5.27, which suggests the price will increase in the coming days. Percent R is at 11.21%, indicating bullish price movement. Stochastics %K at selling indicates that the stock is to be held.
