Investors can speculate about the future of a stock by watching how its insiders buy and sell stocks. Metropolitan Bank Holding Corp shares valued at $272,978 were sold by Lublin Scott on Mar 17 ’25. At $54.60 per share, Lublin Scott sold 5,000 shares. The insider’s holdings dropped to 49,988 shares worth approximately $2.73 million following the completion of this transaction.
Also, DeFazio Mark R sold 15,088 shares, netting a total of over 826,513 in proceeds. Following the sale of shares at $54.78 each, the insider now holds 100,628 shares.
Before that, DeFazio Mark R had sold 3,333 shares from its account. In a trade valued at $182,580, the President and CEO traded Metropolitan Bank Holding Corp shares for $54.78 each. Upon closing the transaction, the insider’s holdings decreased to 3,333 shares, worth approximately $0.94 million.
As published in a research note from Hovde Group on January 27, 2025, Metropolitan Bank Holding Corp [MCB] has been retained to an Outperform and the price target has been revised to $83.50. Analysts at Hovde Group resumed the stock at ‘”an Outperform”‘ outlook in a report released in late October. Earlier on December 15, 2023, Piper Sandler initiated its rating. Their recommendation was “an Overweight” for MCB stock.
Analyzing MCB Stock Performance
During the last five days, there has been a surge of approximately 10.38%. Over the course of the year, Metropolitan Bank Holding Corp shares have dropped approximately -6.44%. Shares of the company reached a 52-week high of $68.01 on 01/24/25 and a 52-week low of $47.08 on 04/04/25. A 50-day SMA is recorded $56.56, while a 200-day SMA reached $55.98.
Support And Resistance Levels for Metropolitan Bank Holding Corp (MCB)
According to the 24-hour chart, there is a support level at 53.70, which, if violated, would cause prices to drop to 52.75. In the upper region, resistance lies at 55.21. The next price resistance is at 55.78. RSI (Relative Strength Index) is 52.88 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at 1.35, which suggests the price will increase in the coming days. Percent R is at 20.92%, indicating bullish price movement. Stochastics %K at holding indicates that the stock is to be held.
