Investors can speculate about the future of a stock by watching how its insiders buy and sell stocks. Berkshire Hills Bancorp Inc shares valued at $31,529 were sold by Tulchiner Ellen on Feb 11 ’25. At $29.97 per share, Tulchiner Ellen sold 1,052 shares. The insider’s holdings dropped to 0 shares worth approximately $0.0 following the completion of this transaction.
Also, Tulchiner Ellen purchased 1,052 shares, netting a total of over 31,400 in proceeds.
As published in a research note from Seaport Research Partners on December 17, 2024, Berkshire Hills Bancorp Inc [BHLB] has been rated up from a Neutral to a Buy and the price target has been revised to $39. Analysts at Janney downgraded the stock from ‘”a Buy”‘ to ‘”a Neutral”‘ outlook in a report released in late July. As of July 19, 2024, Hovde Group has reiterated its “an Outperform” rating for BHLB. Earlier on January 29, 2024, Seaport Research Partners upgraded its rating. Their new recommendation was “a Neutral” for BHLB stock which previously was a “a Sell”.
Analyzing BHLB Stock Performance
During the last five days, there has been a surge of approximately 2.18%. Over the course of the year, Berkshire Hills Bancorp Inc shares have dropped approximately -12.66%. Shares of the company reached a 52-week high of $30.50 on 02/06/25 and a 52-week low of $22.27 on 04/10/25. A 50-day SMA is recorded $25.78, while a 200-day SMA reached $27.47.
Support And Resistance Levels for Berkshire Hills Bancorp Inc (BHLB)
According to the 24-hour chart, there is a support level at 24.50, which, if violated, would cause prices to drop to 24.17. In the upper region, resistance lies at 25.16. The next price resistance is at 25.49. RSI (Relative Strength Index) is 50.37 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at 0.96, which suggests the price will decrease in the coming days. Percent R is at 12.63%, indicating bullish price movement. Stochastics %K at selling indicates that the stock is to be held.
