Trustmark Corp’s recent filing unveils that its Director HOST GERARD R unloaded Company’s shares for reported $1.26 million on Nov 15 ’24. In the deal valued at $38.18 per share,33,000 shares were sold. As a result of this transaction, HOST GERARD R now holds 0 shares worth roughly $0.0.
Then, HOST GERARD R sold 7,000 shares, generating $270,130 in total proceeds. Upon selling the shares at $38.59, the Director now owns 16,500 shares.
Before that, HOST GERARD R sold 26,416 shares. Trustmark Corp shares valued at $1,049,508 were divested by the Director at a price of $39.73 per share. As a result of the transaction, HOST GERARD R now holds 26,792 shares, worth roughly $0.82 million.
Janney initiated its Trustmark Corp [TRMK] rating to a Buy in a research note published on January 24, 2025; the price target was $42. A number of analysts have revised their coverage, including Hovde Group’s analysts, who remained covering the stock and in late October has reiterated a ‘”a Market perform”‘ rating for it. Keefe Bruyette also remained covering TRMK and has increased its forecast on April 25, 2024 with a “an Outperform” recommendation from previously “Mkt perform” rating. Raymond James revised its rating on April 06, 2023. It rated TRMK as “a Mkt perform” which previously was an “an Outperform”.
Price Performance Review of TRMK
On Tuesday, Trustmark Corp [NASDAQ:TRMK] saw its stock fall -0.36% to $30.79. Over the last five days, the stock has lost -10.78%. Trustmark Corp shares have fallen nearly -12.95% since the year began. Nevertheless, the stocks have risen 13.45% over the past one year. While a 52-week high of $40.73 was reached on 02/06/25, a 52-week low of $25.41 was recorded on 04/07/25. SMA at 50 days reached $35.53, while 200 days put it at $34.39.
Levels Of Support And Resistance For TRMK Stock
The 24-hour chart illustrates a support level at 29.92, which if violated will result in even more drops to 29.04. On the upside, there is a resistance level at 31.96. A further resistance level may holdings at 33.13. The Relative Strength Index (RSI) on the 14-day chart is 25.68, which indicates oversold technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -2.80, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 82.89%. Stochastics %K at 16.94% indicates the stock is a buying.
How much short interest is there in Trustmark Corp?
A steep rise in short interest was recorded in Trustmark Corp stocks on 2025-03-14, growing by 0.1 million shares to a total of 1.58 million shares. Yahoo Finance data shows the prior-month short interest on 2025-02-14 was 1.47 million shares. There was a rise of 6.5%, which implies that there is a positive sentiment for the stock.
