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Nicolet Bankshares Inc (NIC) may enjoy gains as insiders got busy in the recent days

In a filing, Nicolet Bankshares Inc revealed its Director MERKATORIS SUSAN L unloaded Company’s shares for reported $34578.0 on Mar 07 ’25. In the deal valued at $115.26 per share,300 shares were sold. As a result of this transaction, MERKATORIS SUSAN L now holds 81,918 shares worth roughly $9.09 million.

Then, ATWELL ROBERT BRUCE sold 3,102 shares, generating $364,953 in total proceeds. Upon selling the shares at $117.65, the Director now owns 33,816 shares.

Before that, ATWELL ROBERT BRUCE bought 3,102 shares. Nicolet Bankshares Inc shares valued at $364,955 were divested by the Director at a price of $117.65 per share.

Maxim Group reiterated its Nicolet Bankshares Inc [NIC] rating to a Buy in a research note published on October 17, 2024; the price target was $124. A number of analysts have revised their coverage, including Hovde Group’s analysts, who increased its forecast for the stock in early March from “a Market perform” to “an Outperform”. Stephens revised its rating on October 25, 2023. It rated NIC as “an Equal-weight” which previously was an “an Overweight”.

Price Performance Review of NIC

On Friday, Nicolet Bankshares Inc [NYSE:NIC] saw its stock fall -1.57% to $110.95. Over the last five days, the stock has lost -1.20%. Nicolet Bankshares Inc shares have risen nearly 5.76% since the year began. Nevertheless, the stocks have risen 35.50% over the past one year. While a 52-week high of $121.52 was reached on 03/03/25, a 52-week low of $75.24 was recorded on 01/10/25. SMA at 50 days reached $113.24, while 200 days put it at $101.20.

Levels Of Support And Resistance For NIC Stock

The 24-hour chart illustrates a support level at 109.91, which if violated will result in even more drops to 108.88. On the upside, there is a resistance level at 112.53. A further resistance level may holdings at 114.12. The Relative Strength Index (RSI) on the 14-day chart is 41.58, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -1.07, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 81.30%. Stochastics %K at 25.83% indicates the stock is a holding.

How much short interest is there in Nicolet Bankshares Inc?

A steep rise in short interest was recorded in Nicolet Bankshares Inc stocks on 2025-02-28, growing by 32582.0 shares to a total of 0.13 million shares. Yahoo Finance data shows the prior-month short interest on 2025-01-31 was 99876.0 shares. There was a rise of 24.6%, which implies that there is a positive sentiment for the stock.

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