In a filing, MidWestOne Financial Group Inc revealed 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 $ 0.36 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 $0.49 million.
Hovde Group reiterated its MidWestOne Financial Group Inc [MOFG] rating to a Market perform in a research note published on January 27, 2025; the price target was $33.50. A number of analysts have revised their coverage, including Keefe Bruyette’s analysts, who increased its forecast for the stock in mid December from “a Mkt perform” to “an Outperform”. Hovde Group also remained covering MOFG and reiterated its “Market perform” recommendation on April 26, 2024.
Price Performance Review of MOFG
On Friday, MidWestOne Financial Group Inc [NASDAQ:MOFG] saw its stock fall -1.32% to $32.07. MidWestOne Financial Group Inc shares have risen nearly 10.13% since the year began. Nevertheless, the stocks have risen 42.79% over the past one year. While a 52-week high of $34.56 was reached on 02/06/25, a 52-week low of $19.43 was recorded on 01/10/25. SMA at 50 days reached $30.94, while 200 days put it at $27.51.
Levels Of Support And Resistance For MOFG Stock
The 24-hour chart illustrates a support level at 31.68, which if violated will result in even more drops to 31.29. On the upside, there is a resistance level at 32.74. A further resistance level may holdings at 33.41. The Relative Strength Index (RSI) on the 14-day chart is 56.41, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 0.16, which suggests price will go down in the next trading period. Percent R suggests that price movement has been low at 30.09%. Stochastics %K at 73.25% indicates the stock is a holding.
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 2025-01-31, dropping by 81667.0 shares to a total of 0.25 million shares. Yahoo Finance data shows the prior-month short interest on 2024-12-31 was 0.33 million shares. There was a decline of -33.09%, which implies that there is a negative sentiment for the stock.
