Investors can speculate about the future of a stock by watching how its insiders buy and sell stocks. First Mid Bancshares Inc shares valued at $39,873 were purchased by Zimmer James Edwin on Dec 19 ’24. At $39.87 per share, Zimmer James Edwin acquired 1,000 shares. The insider’s holdings grew to 4,050 shares worth approximately $0.13 million following the completion of this transaction.
Also, Dean Clay M sold 400 shares, netting a total of over 16,883 in proceeds. Following the sale of shares at $42.21 each, the insider now holds 10,850 shares.
Before that, Dean Clay M had sold 400 shares from its account. In a trade valued at $15,113, the CEO-First Mid Insurance Group traded First Mid Bancshares Inc shares for $37.78 each. Upon closing the transaction, the insider’s holdings decreased to 400 shares, worth approximately $0.36 million.
As published in a research note from Hovde Group on March 14, 2025, First Mid Bancshares Inc [FMBH] has been retained to an Outperform and the price target has been revised to $43. Analysts at Stephens downgraded the stock from ‘”an Overweight”‘ to ‘”an Equal-weight”‘ outlook in a report released in early December. As of November 12, 2024, DA Davidson has decreased its “Buy” rating to a “Neutral” for FMBH. Earlier on October 02, 2024, Keefe Bruyette downgraded its rating. Their new recommendation was “a Mkt perform” for FMBH stock which previously was a “an Outperform”.
Analyzing FMBH Stock Performance
During the last five days, there has been a surge of approximately 3.79%. Over the course of the year, First Mid Bancshares Inc shares have dropped approximately -12.22%. Shares of the company reached a 52-week high of $39.95 on 02/07/25 and a 52-week low of $27.58 on 04/07/25. A 50-day SMA is recorded $35.65, while a 200-day SMA reached $37.81.
Support And Resistance Levels for First Mid Bancshares Inc (FMBH)
According to the 24-hour chart, there is a support level at 31.56, which, if violated, would cause prices to drop to 30.81. In the upper region, resistance lies at 32.83. The next price resistance is at 33.35. RSI (Relative Strength Index) is 41.46 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at -0.27, which suggests the price will decrease in the coming days. Percent R is at 37.46%, indicating low price movement. Stochastics %K at holding indicates that the stock is to be held.
