United Bankshares, Inc’s filing revealed that 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 $1.24 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 $2.21 million.
A number of analysts have revised their coverage, including Stephens’s analysts, who began to cover the stock in early April with a ‘”an Equal-weight”‘ rating.
Price Performance Review of UBSI
On Tuesday, United Bankshares, Inc [NASDAQ:UBSI] saw its stock jump 0.09% to $34.89. Over the last five days, the stock has gained 2.50%. United Bankshares, Inc shares have fallen nearly -7.08% since the year began. Nevertheless, the stocks have risen 5.12% 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 03/12/25. SMA at 50 days reached $36.95, while 200 days put it at $37.03.
Levels Of Support And Resistance For UBSI Stock
The 24-hour chart illustrates a support level at 34.64, which if violated will result in even more drops to 34.39. On the upside, there is a resistance level at 35.07. A further resistance level may holdings at 35.25. The Relative Strength Index (RSI) on the 14-day chart is 40.14, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -0.22, which suggests price will go down in the next trading period. Percent R suggests that price movement has been low at 64.19%. Stochastics %K at 31.85% indicates the stock is a holding.
How much short interest is there in United Bankshares, Inc?
A steep rise in short interest was recorded in United Bankshares, Inc stocks on 2025-02-28, dropping by -0.34 million shares to a total of 2.29 million shares. Yahoo Finance data shows the prior-month short interest on 2025-01-31 was 2.63 million shares. There was a decline of -15.03%, which implies that there is a negative sentiment for the stock.
The most recent change occurred on September 06, 2022 when Janney began covering the stock and recommended ‘”a Buy”‘ rating along with a $40 price target.
