Investors can expect a company’s stock to rise or fall based on the buying and selling of stock by its insiders. Old National Bancorp shares valued at $300,000 were purchased by RYAN C KITCHELL on Feb 11 ’25. At $24.00 per share, RYAN C KITCHELL acquired 12,500 shares.
Also, Brendon B. Falconer purchased 9,599 shares, netting a total of over 183,628 in proceeds.
Before that, Brendon B. Falconer had added 32,452 shares to its account. In a trade valued at $583,162, the Former SEVP, Chief Financial O bought Old National Bancorp shares for $17.97 each.
As published in a research note from Raymond James on November 26, 2024, Old National Bancorp [ONB] has been rated up from a Mkt perform to a Strong buy and the price target has been revised to $28. As of March 08, 2024, Barclays has initiated its “an Overweight” rating for ONB. Earlier on December 01, 2023, Citigroup initiated its rating. Their recommendation was “a Buy” for ONB stock.
Analyzing ONB Stock Performance
During the last five days, there has been a drop of approximately -1.24%. Over the course of the year, Old National Bancorp shares have dropped approximately -4.77%. Shares of the company reached a 52-week high of $24.49 on 02/06/25 and a 52-week low of $16.83 on 04/04/25. A 50-day SMA is recorded $20.93, while a 200-day SMA reached $20.70.
Support And Resistance Levels for Old National Bancorp (ONB)
According to the 24-hour chart, there is a support level at 20.40, which, if violated, would cause prices to drop to 20.14. In the upper region, resistance lies at 20.94. The next price resistance is at 21.22. RSI (Relative Strength Index) is 53.13 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at 0.70, which suggests the price will decrease in the coming days. Percent R is at 14.72%, indicating bullish price movement. Stochastics %K at selling indicates that the stock is to be held.
