Berkshire Hills Bancorp Inc’s recently made public that its EVP,Head of Cnsmr Lndng&Pymnts Tulchiner Ellen unloaded Company’s shares for reported $31529.0 on Feb 11 ’25. In the deal valued at $29.97 per share,1,052 shares were sold. As a result of this transaction, Tulchiner Ellen now holds 0 shares worth roughly $0.0.
Then, Tulchiner Ellen bought 1,052 shares, generating $31,400 in total proceeds.
Before that, Mhatre Nitin J. bought 1,100 shares. Berkshire Hills Bancorp Inc shares valued at $24,221 were divested by the President and CEO at a price of $22.02 per share. As a result of the transaction, Mhatre Nitin J. now holds 88,799 shares, worth roughly $2.34 million.
Seaport Research Partners upgraded its Berkshire Hills Bancorp Inc [BHLB] rating to a Buy from a a Neutral in a research note published recently. A number of analysts have revised their coverage, including Janney’s analysts, who decreased its forecast for the stock in late July from “a Buy” to “a Neutral”. Hovde Group also remained covering BHLB and reiterated its “an Outperform” recommendation on July 19, 2024. Seaport Research Partners revised its rating on January 29, 2024. It rated BHLB as “a Neutral” which previously was an “a Sell”.
Price Performance Review of BHLB
On Tuesday, Berkshire Hills Bancorp Inc [NYSE:BHLB] saw its stock jump 0.65% to $26.32. Over the last five days, the stock has gained 1.70%. Berkshire Hills Bancorp Inc shares have fallen nearly -7.42% since the year began. Nevertheless, the stocks have risen 22.65% over the past one year. While a 52-week high of $32.36 was reached on 02/06/25, a 52-week low of $20.50 was recorded on 03/11/25. SMA at 50 days reached $28.20, while 200 days put it at $27.04.
Levels Of Support And Resistance For BHLB Stock
The 24-hour chart illustrates a support level at 25.97, which if violated will result in even more drops to 25.61. On the upside, there is a resistance level at 26.56. A further resistance level may holdings at 26.79. The Relative Strength Index (RSI) on the 14-day chart is 37.58, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -0.47, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 78.83%. Stochastics %K at 18.89% indicates the stock is a buying.
How much short interest is there in Berkshire Hills Bancorp Inc?
A steep rise in short interest was recorded in Berkshire Hills Bancorp Inc stocks on 2025-02-28, growing by 0.18 million shares to a total of 1.98 million shares. Yahoo Finance data shows the prior-month short interest on 2025-01-31 was 1.79 million shares. There was a rise of 9.32%, which implies that there is a positive sentiment for the stock.
