Investors can speculate about the future of a stock by watching how its insiders buy and sell stocks. First Busey Corp shares valued at $43,652 were purchased by BRADSHAW STANLEY J on Feb 26 ’25. At $23.75 per share, BRADSHAW STANLEY J acquired 1,838 shares. The insider’s holdings grew to 437,481 shares worth approximately $10.5 million following the completion of this transaction.
Also, King Stephen V purchased 16,427 shares, netting a total of over 402,928 in proceeds. Following the buying of shares at $24.53 each, the insider now holds 181,918 shares.
Before that, BRADSHAW STANLEY J had added 5,500 shares to its account. In a trade valued at $133,285, the Director bought First Busey Corp shares for $24.23 each. Upon closing the transaction, the insider’s holdings increased to 5,500 shares, worth approximately $10.36 million.
As published in a research note from Stephens on October 14, 2024, First Busey Corp [BUSE] has been rated down from an Overweight to an Equal-weight. Analysts at Raymond James upgraded the stock from ‘”a Mkt perform”‘ to ‘”an Outperform”‘ outlook in a report released in late January. As of April 09, 2020, Stephens has increased its “an Equal-weight” rating to a “an Overweight” for BUSE. Earlier on February 03, 2020, DA Davidson downgraded its rating. Their new recommendation was “a Neutral” for BUSE stock which previously was a “a Buy”.
Analyzing BUSE Stock Performance
During the last five days, there has been a drop of approximately -3.69%. Over the course of the year, First Busey Corp shares have jumped approximately 1.78%. Shares of the company reached a 52-week high of $25.60 on 02/07/25 and a 52-week low of $21.59 on 01/13/25. A 50-day SMA is recorded $23.95, while a 200-day SMA reached $24.94.
Support And Resistance Levels for First Busey Corp (BUSE)
According to the 24-hour chart, there is a support level at 23.58, which, if violated, would cause prices to drop to 23.18. In the upper region, resistance lies at 24.24. The next price resistance is at 24.50. RSI (Relative Strength Index) is 47.32 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at -0.66, which suggests the price will decrease in the coming days. Percent R is at 70.93%, indicating bearish price movement. Stochastics %K at buying indicates that the stock is to be held.
