Atlantic Union Bankshares Corp’s recent filing unveils that its Director Ellett Frank Russell acquired Company’s shares for reported $0.16 million on Jun 06 ’24. In the deal valued at $31.71 per share,5,000 shares were bought. As a result of this transaction, Ellett Frank Russell now holds 47,334 shares worth roughly $1.38 million.
Then, Ellett Frank Russell bought 5,000 shares, generating $157,700 in total proceeds. Upon buying the shares at $31.54, the Director now owns 52,334 shares.
Before that, Ellett Frank Russell bought 4,467 shares. Atlantic Union Bankshares Corp shares valued at $137,807 were divested by the Director at a price of $30.85 per share. As a result of the transaction, Ellett Frank Russell now holds 56,801 shares, worth roughly $1.65 million.
Hovde Group reiterated its Atlantic Union Bankshares Corp [AUB] rating to an Outperform in a research note published on March 17, 2025; the price target was $40. A number of analysts have revised their coverage, including Hovde Group’s analysts, who remained covering the stock and in late January has reiterated a ‘”an Outperform”‘ rating for it. Hovde Group maintained its rating on September 13, 2024. It rated AUB as “an Outperform”.
Price Performance Review of AUB
On Monday, Atlantic Union Bankshares Corp [NYSE:AUB] saw its stock jump 0.14% to $29.10. Over the last five days, the stock has gained 5.86%. Atlantic Union Bankshares Corp shares have fallen nearly -23.18% since the year began. Nevertheless, the stocks have fallen -10.79% over the past one year. While a 52-week high of $44.54 was reached on 01/15/25, a 52-week low of $22.85 was recorded on 04/11/25. SMA at 50 days reached $29.89, while 200 days put it at $36.47.
Levels Of Support And Resistance For AUB Stock
The 24-hour chart illustrates a support level at 28.71, which if violated will result in even more drops to 28.31. On the upside, there is a resistance level at 29.57. A further resistance level may holdings at 30.03. The Relative Strength Index (RSI) on the 14-day chart is 58.38, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 2.10, which suggests price will go up in the next trading period. Percent R suggests that price movement has been bullish at 9.59%. Stochastics %K at 94.63% indicates the stock is a selling.
How much short interest is there in Atlantic Union Bankshares Corp?
A steep rise in short interest was recorded in Atlantic Union Bankshares Corp stocks on 2025-04-15, dropping by -1.38 million shares to a total of 4.98 million shares. Yahoo Finance data shows the prior-month short interest on 2025-03-14 was 6.36 million shares. There was a decline of -27.73%, which implies that there is a negative sentiment for the stock.
The most recent change occurred on July 26, 2024 when Hovde Group resumed its ‘”an Outperform”‘ rating for the stock and retained the price target to $46.
