Wintrust Financial Corp’s filing revealed that its EVP-CONTROLLER & CHIEF ACC OFF Hahnfeld Jeffrey D unloaded Company’s shares for reported $0.12 million on Feb 27 ’25. In the deal valued at $124.16 per share,936 shares were sold. As a result of this transaction, Hahnfeld Jeffrey D now holds 1,340 shares worth roughly $0.16 million.
Then, Lee David Eric sold 1,548 shares, generating $192,107 in total proceeds. Upon selling the shares at $124.10, the EXECUTIVE VICE PRESIDENT now owns 14,178 shares.
Before that, MURPHY RICHARD B sold 7,166 shares. Wintrust Financial Corp shares valued at $885,861 were divested by the VICE CHAIR,CHIEF LENDING OFC at a price of $123.62 per share. As a result of the transaction, MURPHY RICHARD B now holds 41,648 shares, worth roughly $4.82 million.
A number of analysts have revised their coverage, including Keefe Bruyette’s analysts, who decreased its forecast for the stock in mid July from “an Outperform” to “a Mkt perform”. Barclays started covering the stock on March 08, 2024. It rated WTFC as “an Overweight”.
Price Performance Review of WTFC
On Tuesday, Wintrust Financial Corp [NASDAQ:WTFC] saw its stock fall -4.98% to $115.76. Over the last five days, the stock has lost -5.73%. Wintrust Financial Corp shares have fallen nearly -7.18% since the year began. Nevertheless, the stocks have risen 20.15% over the past one year. While a 52-week high of $142.04 was reached on 01/22/25, a 52-week low of $91.38 was recorded on 03/04/25. SMA at 50 days reached $128.00, while 200 days put it at $114.24.
Levels Of Support And Resistance For WTFC Stock
The 24-hour chart illustrates a support level at 112.46, which if violated will result in even more drops to 109.15. On the upside, there is a resistance level at 120.35. A further resistance level may holdings at 124.93. The Relative Strength Index (RSI) on the 14-day chart is 27.75, which indicates oversold technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -4.97, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 89.71%. Stochastics %K at 12.36% indicates the stock is a buying.
The most recent change occurred on December 01, 2023 when Citigroup began covering the stock and recommended ‘”a Buy”‘ rating along with a $101 price target.
