Wintrust Financial Corp’s recent filing unveils 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 $0.15 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 $4.69 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 Monday, Wintrust Financial Corp [NASDAQ:WTFC] saw its stock jump 1.50% to $112.51. Over the last five days, the stock has gained 4.41%. Wintrust Financial Corp shares have fallen nearly -9.78% since the year began. Nevertheless, the stocks have risen 15.37% 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 03/10/25. SMA at 50 days reached $125.52, while 200 days put it at $114.74.
Levels Of Support And Resistance For WTFC Stock
The 24-hour chart illustrates a support level at 110.58, which if violated will result in even more drops to 108.66. On the upside, there is a resistance level at 113.65. A further resistance level may holdings at 114.80. The Relative Strength Index (RSI) on the 14-day chart is 37.11, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -4.41, which suggests price will go down in the next trading period. Percent R suggests that price movement has been low at 69.38%. Stochastics %K at 19.63% indicates the stock is a buying.
How much short interest is there in Wintrust Financial Corp?
A steep rise in short interest was recorded in Wintrust Financial Corp stocks on 2025-02-28, growing by 0.33 million shares to a total of 1.64 million shares. Yahoo Finance data shows the prior-month short interest on 2025-01-31 was 1.31 million shares. There was a rise of 20.09%, which implies that there is a positive sentiment for the stock.
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.
