Investors can speculate about the future of a stock by watching how its insiders buy and sell stocks. Trustmark Corp shares valued at $1,259,940 were sold by HOST GERARD R on Nov 15 ’24. At $38.18 per share, HOST GERARD R sold 33,000 shares. The insider’s holdings dropped to 0 shares worth approximately $0.0 following the completion of this transaction.
Also, HOST GERARD R sold 7,000 shares, netting a total of over 270,130 in proceeds. Following the sale of shares at $38.59 each, the insider now holds 16,500 shares.
Before that, HOST GERARD R had sold 26,416 shares from its account. In a trade valued at $1,049,508, the Director traded Trustmark Corp shares for $39.73 each. Upon closing the transaction, the insider’s holdings decreased to 26,416 shares, worth approximately $0.88 million.
As published in their initiating research note from Janney on January 24, 2025, Trustmark Corp [TRMK] has been a Buy and the price target has been revised to $42. Analysts at Hovde Group resumed the stock at ‘”a Market perform”‘ outlook in a report released in late October. As of April 25, 2024, Keefe Bruyette has increased its “Mkt perform” rating to a “an Outperform” for TRMK. Earlier on April 06, 2023, Raymond James downgraded its rating. Their new recommendation was “a Mkt perform” for TRMK stock which previously was a “an Outperform”.
Analyzing TRMK Stock Performance
During the last five days, there has been a surge of approximately 5.27%. Over the course of the year, Trustmark Corp shares have dropped approximately -7.41%. Shares of the company reached a 52-week high of $38.92 on 02/06/25 and a 52-week low of $29.77 on 04/07/25. A 50-day SMA is recorded $34.78, while a 200-day SMA reached $34.49.
Support And Resistance Levels for Trustmark Corp (TRMK)
According to the 24-hour chart, there is a support level at 32.42, which, if violated, would cause prices to drop to 32.10. In the upper region, resistance lies at 32.98. The next price resistance is at 33.22. RSI (Relative Strength Index) is 47.04 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at 0.21, which suggests the price will decrease in the coming days. Percent R is at 40.40%, indicating low price movement. Stochastics %K at holding indicates that the stock is to be held.
