Investors can speculate about the future of a stock by watching how its insiders buy and sell stocks. Ameris Bancorp shares valued at $56,953 were purchased by Strange Douglas D on Mar 12 ’25. At $56.95 per share, Strange Douglas D acquired 1,000 shares. The insider’s holdings grew to 19,403 shares worth approximately $1.11 million following the completion of this transaction.
Also, Ezzell Robert Dale sold 8,000 shares, netting a total of over 559,251 in proceeds. Following the sale of shares at $69.91 each, the insider now holds 27,444 shares.
Before that, Ezzell Robert Dale had added 10,134 shares to its account. In a trade valued at $640,975, the Director bought Ameris Bancorp shares for $63.25 each.
As published in a research note from Raymond James on October 28, 2024, Ameris Bancorp [ABCB] has been rated up from a Mkt perform to an Outperform and the price target has been revised to $67. Analysts at DA Davidson upgraded the stock from ‘”a Neutral”‘ to ‘”a Buy”‘ outlook in a report released in early October. As of April 04, 2023, Stephens has initiated its “an Equal-weight” rating for ABCB.
Analyzing ABCB Stock Performance
During the last five days, there has been a surge of approximately 3.37%. Over the course of the year, Ameris Bancorp shares have dropped approximately -8.21%. Shares of the company reached a 52-week high of $68.85 on 02/06/25 and a 52-week low of $55.32 on 03/13/25. A 50-day SMA is recorded $62.98, while a 200-day SMA reached $60.93.
Support And Resistance Levels for Ameris Bancorp (ABCB)
According to the 24-hour chart, there is a support level at 56.89, which, if violated, would cause prices to drop to 56.36. In the upper region, resistance lies at 58.18. The next price resistance is at 58.94. RSI (Relative Strength Index) is 34.86 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at -0.63, which suggests the price will decrease in the coming days. Percent R is at 79.54%, indicating bearish price movement. Stochastics %K at holding indicates that the stock is to be held.
