In a filing, United Bankshares, Inc revealed its Director NESSELROAD MARK R unloaded Company’s shares for reported $0.23 million on Dec 18 ’24. In the deal valued at $39.16 per share,6,000 shares were sold. As a result of this transaction, NESSELROAD MARK R now holds 35,424 shares worth roughly $1.21 million.
Then, NESSELROAD MARK R bought 6,000 shares, generating $240,300 in total proceeds.
Before that, MCNAMARA J PAUL sold 2,500 shares. United Bankshares, Inc shares valued at $107,146 were divested by the Director at a price of $42.86 per share. As a result of the transaction, MCNAMARA J PAUL now holds 63,409 shares, worth roughly $2.16 million.
Stephens initiated its United Bankshares, Inc [UBSI] rating to an Equal-weight in a research note published on April 04, 2023; the price target was $32. Janney started covering the stock on September 06, 2022. It rated UBSI as “a Buy”.
Price Performance Review of UBSI
On Tuesday, United Bankshares, Inc [NASDAQ:UBSI] saw its stock fall -1.13% to $34.04. Over the last five days, the stock has lost -3.38%. United Bankshares, Inc shares have fallen nearly -9.35% since the year began. Nevertheless, the stocks have fallen -2.88% over the past one year. While a 52-week high of $44.43 was reached on 01/27/25, a 52-week low of $30.68 was recorded on 03/11/25. SMA at 50 days reached $37.27, while 200 days put it at $36.98.
Levels Of Support And Resistance For UBSI Stock
The 24-hour chart illustrates a support level at 33.74, which if violated will result in even more drops to 33.44. On the upside, there is a resistance level at 34.55. A further resistance level may holdings at 35.05. The Relative Strength Index (RSI) on the 14-day chart is 27.81, which indicates oversold technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -0.89, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 97.44%. Stochastics %K at 6.94% indicates the stock is a buying.
