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. Associated Banc-Corp shares valued at $172,970 were sold by KAMERICK EILEEN A on Mar 03 ’25. At $24.71 per share, KAMERICK EILEEN A sold 7,000 shares. The insider’s holdings dropped to 49,495 shares worth approximately $1.16 million following the completion of this transaction.
Also, KAMERICK EILEEN A purchased 7,000 shares, netting a total of over 172,970 in proceeds.
Before that, WILLIAMS JOHN B had sold 2,830 shares from its account. In a trade valued at $71,014, the Director traded Associated Banc-Corp shares for $25.09 each. Upon closing the transaction, the insider’s holdings decreased to 2,830 shares, worth approximately $1.56 million.
As published in a research note from Robert W. Baird on July 17, 2024, Associated Banc-Corp [ASB] has been rated down from an Outperform to a Neutral and the price target has been revised to $27. Analysts at Barclays started covering the stock with ‘”an Equal weight”‘ outlook in a report released in early March. As of October 04, 2023, Wells Fargo has decreased its “an Overweight” rating to a “an Equal weight” for ASB. Earlier on September 05, 2023, Robert W. Baird upgraded its rating. Their new recommendation was “an Outperform” for ASB stock which previously was a “a Neutral”.
Analyzing ASB Stock Performance
During the last five days, there has been a drop of approximately -4.73%. Over the course of the year, Associated Banc-Corp shares have dropped approximately -2.30%. Shares of the company reached a 52-week high of $25.79 on 01/21/25 and a 52-week low of $22.85 on 03/04/25. A 50-day SMA is recorded $24.60, while a 200-day SMA reached $23.09.
Support And Resistance Levels for Associated Banc-Corp (ASB)
According to the 24-hour chart, there is a support level at 23.00, which, if violated, would cause prices to drop to 22.65. In the upper region, resistance lies at 23.74. The next price resistance is at 24.12. RSI (Relative Strength Index) is 35.36 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at -0.88, which suggests the price will decrease in the coming days. Percent R is at 81.82%, indicating bearish price movement. Stochastics %K at buying indicates that the stock is to be held.
