Investors can expect a company’s stock to rise or fall based on the buying and selling of stock by its insiders. East West Bancorp, Inc shares valued at $1,783,710 were sold by NG DOMINIC on Mar 19 ’25. At $90.00 per share, NG DOMINIC sold 19,819 shares. The insider’s holdings dropped to 968,314 shares worth approximately $87.04 million following the completion of this transaction.
Also, NG DOMINIC sold 20,181 shares, netting a total of over 1,816,492 in proceeds. Following the sale of shares at $90.01 each, the insider now holds 988,133 shares.
Before that, NG DOMINIC had added 40,000 shares to its account. In a trade valued at $3,600,000, the Officer bought East West Bancorp, Inc shares for $90.00 each.
Analysts at Stephens downgraded the stock from ‘”an Overweight”‘ to ‘”an Equal-weight”‘ outlook in a report released in early December. As of March 08, 2024, Barclays has initiated its “an Overweight” rating for EWBC. Earlier on December 08, 2023, Stephens initiated its rating. Their recommendation was “an Overweight” for EWBC stock.
Analyzing EWBC Stock Performance
During the last five days, there has been a surge of approximately 5.72%. Over the course of the year, East West Bancorp, Inc shares have dropped approximately -6.13%. Shares of the company reached a 52-week high of $104.93 on 01/31/25 and a 52-week low of $83.24 on 03/11/25. A 50-day SMA is recorded $95.98, while a 200-day SMA reached $89.27.
Support And Resistance Levels for East West Bancorp, Inc (EWBC)
According to the 24-hour chart, there is a support level at 88.96, which, if violated, would cause prices to drop to 88.02. In the upper region, resistance lies at 91.16. The next price resistance is at 92.42. RSI (Relative Strength Index) is 44.73 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at 1.11, which suggests the price will increase in the coming days. Percent R is at 49.04%, indicating low price movement. Stochastics %K at holding indicates that the stock is to be held.
