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Hovde Group upgrades United Community Banks Inc (UCB) rating to an Outperform

United Community Banks Inc’s recent filing unveils that its Director Davis Sally Pope acquired Company’s shares for reported $50742.0 on Mar 11 ’25. In the deal valued at $28.19 per share,1,800 shares were bought. As a result of this transaction, Davis Sally Pope now holds 3,264 shares worth roughly $78662.40000000001.

Then, HARTON H LYNN sold 3,321 shares, generating $110,563 in total proceeds. Upon selling the shares at $33.29, the President & CEO now owns 109,123 shares.

Before that, HARTON H LYNN sold 31,679 shares. United Community Banks Inc shares valued at $1,072,170 were divested by the President & CEO at a price of $33.84 per share. As a result of the transaction, HARTON H LYNN now holds 112,444 shares, worth roughly $2.71 million.

Hovde Group upgraded its United Community Banks Inc [UCB] rating to an Outperform from a a Market perform in a research note published on April 07, 2025; the price target was decreased to $31 from $32. A number of analysts have revised their coverage, including Hovde Group’s analysts, who remained covering the stock and in mid March has reiterated a ‘”a Market perform”‘ rating for it. Raymond James also remained covering UCB and has increased its forecast on December 19, 2024 with a “an Outperform” recommendation from previously “Mkt perform” rating. Piper Sandler revised its rating on October 19, 2023. It rated UCB as “a Neutral” which previously was an “an Overweight”.

Price Performance Review of UCB

On Monday, United Community Banks Inc [NYSE:UCB] saw its stock fall -0.58% to $24.10. Over the last five days, the stock has lost -14.33%. United Community Banks Inc shares have fallen nearly -25.41% since the year began. Nevertheless, the stocks have fallen -4.55% over the past one year. While a 52-week high of $35.38 was reached on 02/11/25, a 52-week low of $23.41 was recorded on 04/07/25. SMA at 50 days reached $30.57, while 200 days put it at $30.04.

Levels Of Support And Resistance For UCB Stock

The 24-hour chart illustrates a support level at 23.14, which if violated will result in even more drops to 22.18. On the upside, there is a resistance level at 25.30. A further resistance level may holdings at 26.50. The Relative Strength Index (RSI) on the 14-day chart is 21.47, which indicates oversold technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -2.92, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 87.96%. Stochastics %K at 10.09% indicates the stock is a buying.

How much short interest is there in United Community Banks Inc?

A steep rise in short interest was recorded in United Community Banks Inc stocks on 2025-03-14, growing by 0.16 million shares to a total of 3.77 million shares. Yahoo Finance data shows the prior-month short interest on 2025-02-14 was 3.61 million shares. There was a rise of 4.21%, which implies that there is a positive sentiment for the stock.

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