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A company insider recently sold 300 shares of Nicolet Bankshares Inc [NIC]. Should You Sale?

The buying and selling of stock by a company’s insider give investors a sense that the stock will rise or fall in the future. Nicolet Bankshares Inc shares valued at $34,578 were sold by MERKATORIS SUSAN L on Mar 07 ’25. At $115.26 per share, MERKATORIS SUSAN L sold 300 shares. The insider’s holdings dropped to 81,918 shares worth approximately $9.08 million following the completion of this transaction.

Also, ATWELL ROBERT BRUCE sold 3,102 shares, netting a total of over 364,953 in proceeds. Following the sale of shares at $117.65 each, the insider now holds 33,816 shares.

Before that, ATWELL ROBERT BRUCE had added 3,102 shares to its account. In a trade valued at $364,955, the Director bought Nicolet Bankshares Inc shares for $117.65 each.

As published in a research note from Maxim Group on October 17, 2024, Nicolet Bankshares Inc [NIC] has been retained to a Buy and the price target has been revised to $124. Analysts at Hovde Group upgraded the stock from ‘”a Market perform”‘ to ‘”an Outperform”‘ outlook in a report released in early March. Earlier on October 25, 2023, Stephens downgraded its rating. Their new recommendation was “an Equal-weight” for NIC stock which previously was a “an Overweight”.

Analyzing NIC Stock Performance

During the last five days, there has been a surge of approximately 9.94%. Over the course of the year, Nicolet Bankshares Inc shares have jumped approximately 5.63%. Shares of the company reached a 52-week high of $121.52 on 03/03/25 and a 52-week low of $97.90 on 04/07/25. A 50-day SMA is recorded $112.49, while a 200-day SMA reached $103.84.

Support And Resistance Levels for Nicolet Bankshares Inc (NIC)

According to the 24-hour chart, there is a support level at 108.88, which, if violated, would cause prices to drop to 106.94. In the upper region, resistance lies at 112.05. The next price resistance is at 113.28. RSI (Relative Strength Index) is 55.09 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at 2.61, which suggests the price will increase in the coming days. Percent R is at 3.85%, indicating bullish price movement. Stochastics %K at holding indicates that the stock is to be held.

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