Investors can speculate about the future of a stock by watching how its insiders buy and sell stocks. Choiceone Financial Services, Inc shares valued at $298 were purchased by Coulter Curt E on Mar 14 ’25. At $29.78 per share, Coulter Curt E acquired 10 shares. The insider’s holdings grew to 8,851 shares worth approximately $0.23 million following the completion of this transaction.
Also, McGinnis Bradley F. purchased 1,000 shares, netting a total of over 32,840 in proceeds. Following the buying of shares at $32.84 each, the insider now holds 14,301 shares.
Before that, Burke Michael J Jr had added 500 shares to its account. In a trade valued at $13,375, the President bought Choiceone Financial Services, Inc shares for $26.75 each. Upon closing the transaction, the insider’s holdings increased to 500 shares, worth approximately $65975.0.
As published in their initiating research note from Hovde Group on March 10, 2025, Choiceone Financial Services, Inc [COFS] has been an Outperform and the price target has been revised to $35. Analysts at Janney upgraded the stock from ‘”a Neutral”‘ to ‘”a Buy”‘ outlook in a report released in early March. As of October 18, 2024, DA Davidson has initiated its “Buy” rating for COFS. Earlier on September 27, 2023, Janney initiated its rating. Their recommendation was “a Neutral” for COFS stock.
Analyzing COFS Stock Performance
During the last five days, there has been a surge of approximately 3.49%. Over the course of the year, Choiceone Financial Services, Inc shares have dropped approximately -25.95%. Shares of the company reached a 52-week high of $36.26 on 01/02/25 and a 52-week low of $24.89 on 04/14/25. A 50-day SMA is recorded $29.61, while a 200-day SMA reached $31.33.
Support And Resistance Levels for Choiceone Financial Services, Inc (COFS)
According to the 24-hour chart, there is a support level at 26.08, which, if violated, would cause prices to drop to 25.76. In the upper region, resistance lies at 26.65. The next price resistance is at 26.91. RSI (Relative Strength Index) is 38.84 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at -0.30, which suggests the price will decrease in the coming days. Percent R is at 70.65%, indicating bearish price movement. Stochastics %K at holding indicates that the stock is to be held.
