Investors can speculate about the future of a stock by watching how its insiders buy and sell stocks. Cadence Bank shares valued at $154,090 were purchased by FREEMAN CATHY SMITH on Mar 20 ’25. At $30.82 per share, FREEMAN CATHY SMITH acquired 5,000 shares.
Also, Jackson Keith J purchased 4,626 shares, netting a total of over 170,838 in proceeds.
Before that, ROLLINS JAMES D III had added 69,678 shares to its account. In a trade valued at $2,324,308, the Officer bought Cadence Bank shares for $33.36 each.
As published in a research note from Barclays on December 19, 2024, Cadence Bank [CADE] has been rated up from an Equal weight to an Overweight and the price target has been revised to $44 from $41. Analysts at Morgan Stanley upgraded the stock from ‘”an Equal-weight”‘ to ‘”an Overweight”‘ outlook in a report released in late September. As of July 24, 2024, Hovde Group has reiterated its “an Outperform” rating for CADE. Earlier on July 24, 2024, Piper Sandler downgraded its rating. Their new recommendation was “a Neutral” for CADE stock which previously was a “an Overweight”.
Analyzing CADE Stock Performance
During the last five days, there has been a surge of approximately 4.23%. Over the course of the year, Cadence Bank shares have dropped approximately -15.62%. Shares of the company reached a 52-week high of $36.53 on 01/21/25 and a 52-week low of $25.22 on 04/07/25. A 50-day SMA is recorded $30.35, while a 200-day SMA reached $32.78.
Support And Resistance Levels for Cadence Bank (CADE)
According to the 24-hour chart, there is a support level at 28.36, which, if violated, would cause prices to drop to 27.65. In the upper region, resistance lies at 29.48. The next price resistance is at 29.89. RSI (Relative Strength Index) is 51.33 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at 0.84, which suggests the price will decrease in the coming days. Percent R is at 14.25%, indicating bullish price movement. Stochastics %K at holding indicates that the stock is to be held.
