Investors can speculate about the future of a stock by watching how its insiders buy and sell stocks. Wintrust Financial Corp shares valued at $116,214 were sold by Hahnfeld Jeffrey D on Feb 27 ’25. At $124.16 per share, Hahnfeld Jeffrey D sold 936 shares. The insider’s holdings dropped to 1,340 shares worth approximately $0.13 million following the completion of this transaction.
Also, Lee David Eric sold 1,548 shares, netting a total of over 192,107 in proceeds. Following the sale of shares at $124.10 each, the insider now holds 14,178 shares.
Before that, MURPHY RICHARD B had sold 7,166 shares from its account. In a trade valued at $885,861, the VICE CHAIR,CHIEF LENDING OFC traded Wintrust Financial Corp shares for $123.62 each. Upon closing the transaction, the insider’s holdings decreased to 7,166 shares, worth approximately $4.16 million.
Analysts at Keefe Bruyette downgraded the stock from ‘”an Outperform”‘ to ‘”a Mkt perform”‘ outlook in a report released in mid July. Earlier on March 08, 2024, Barclays initiated its rating. Their recommendation was “an Overweight” for WTFC stock.
Analyzing WTFC Stock Performance
During the last five days, there has been a drop of approximately -12.25%. Over the course of the year, Wintrust Financial Corp shares have dropped approximately -19.89%. Shares of the company reached a 52-week high of $137.95 on 01/22/25 and a 52-week low of $99.61 on 04/03/25. A 50-day SMA is recorded $121.10, while a 200-day SMA reached $115.89.
Support And Resistance Levels for Wintrust Financial Corp (WTFC)
According to the 24-hour chart, there is a support level at 96.46, which, if violated, would cause prices to drop to 93.02. In the upper region, resistance lies at 106.50. The next price resistance is at 113.09. RSI (Relative Strength Index) is 25.74 on the 14-day chart, showing oversold technical sentiment. Moving Average Convergence Divergence (MACD) is at -3.77, which suggests the price will decrease in the coming days. Percent R is at 98.34%, indicating bearish price movement. Stochastics %K at holding indicates that the stock is to be held.
