Investors can expect a company’s stock to rise or fall based on the buying and selling of stock by its insiders. East West Bancorp, Inc shares valued at $133,276 were sold by LIU JACK C on Jan 30 ’25. At $104.53 per share, LIU JACK C sold 1,275 shares. The insider’s holdings dropped to 14,557 shares worth approximately $1.36 million following the completion of this transaction.
Also, LIU JACK C sold 725 shares, netting a total of over 75,762 in proceeds. Following the sale of shares at $104.50 each, the insider now holds 15,832 shares.
Before that, LIU JACK C had added 2,000 shares to its account. In a trade valued at $209,000, the Director bought East West Bancorp, Inc shares for $104.50 each.
Analysts at Stephens downgraded the stock from ‘”an Overweight”‘ to ‘”an Equal-weight”‘ outlook in a report released in early December. As of March 08, 2024, Barclays has initiated its “an Overweight” rating for EWBC. Earlier on December 08, 2023, Stephens initiated its rating. Their recommendation was “an Overweight” for EWBC stock.
Analyzing EWBC Stock Performance
During the last five days, there has been a drop of approximately -3.59%. Over the course of the year, East West Bancorp, Inc shares have dropped approximately -2.22%. Shares of the company reached a 52-week high of $104.93 on 01/31/25 and a 52-week low of $91.25 on 01/10/25. A 50-day SMA is recorded $98.45, while a 200-day SMA reached $88.28.
Support And Resistance Levels for East West Bancorp, Inc (EWBC)
According to the 24-hour chart, there is a support level at 92.88, which, if violated, would cause prices to drop to 92.13. In the upper region, resistance lies at 94.84. The next price resistance is at 96.05. RSI (Relative Strength Index) is 34.75 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at -3.07, which suggests the price will decrease in the coming days. Percent R is at 86.98%, indicating bearish price movement. Stochastics %K at buying indicates that the stock is to be held.
