Bancorp Inc’s recent filing unveils that its EVP Head of Commercial Lending Nager Jeffrey A unloaded Company’s shares for reported $0.6 million on Feb 19 ’25. In the deal valued at $60.17 per share,10,000 shares were sold. As a result of this transaction, Nager Jeffrey A now holds 98,274 shares worth roughly $4.02 million.
Then, Wallace Matthew J bought 2,000 shares, generating $119,680 in total proceeds.
Before that, Jeffrey Alan Nager IRA bought 10,000 shares. Bancorp Inc shares valued at $625,000 were divested by the Employee/Officer at a price of $62.50 per share.
Raymond James initiated its Bancorp Inc [TBBK] rating to an Outperform in a research note published on January 30, 2023; the price target was $38. A number of analysts have revised their coverage, including Keefe Bruyette’s analysts, who began to cover the stock in mid January with a ‘”an Outperform”‘ rating. Sandler O’Neill also remained covering TBBK and has increased its forecast on December 03, 2019 with a “Buy” recommendation from previously “Hold” rating. Raymond James revised its rating on January 26, 2018. It rated TBBK as “a Strong buy” which previously was an “an Outperform”.
Price Performance Review of TBBK
On Monday, Bancorp Inc [NASDAQ:TBBK] saw its stock fall -6.81% to $40.93. Over the last five days, the stock has lost -22.54%. Bancorp Inc shares have fallen nearly -22.23% since the year began. Nevertheless, the stocks have risen 27.79% over the past one year. While a 52-week high of $65.84 was reached on 02/10/25, a 52-week low of $29.92 was recorded on 04/07/25. SMA at 50 days reached $55.34, while 200 days put it at $52.08.
Levels Of Support And Resistance For TBBK Stock
The 24-hour chart illustrates a support level at 39.37, which if violated will result in even more drops to 37.80. On the upside, there is a resistance level at 43.64. A further resistance level may holdings at 46.34. The Relative Strength Index (RSI) on the 14-day chart is 24.20, which indicates oversold technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -7.71, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 97.53%. Stochastics %K at 5.84% indicates the stock is a buying.
How much short interest is there in Bancorp Inc?
A steep rise in short interest was recorded in Bancorp Inc stocks on 2025-03-14, dropping by -0.45 million shares to a total of 6.0 million shares. Yahoo Finance data shows the prior-month short interest on 2025-02-14 was 6.45 million shares. There was a decline of -7.43%, which implies that there is a negative sentiment for the stock.
