A Guide To The Risks Of Investing In Ameris Bancorp (ABCB)

In a filing, Ameris Bancorp revealed its Chief Credit Officer Strange Douglas D acquired Company’s shares for reported $56953.0 on Mar 12 ’25. In the deal valued at $56.95 per share,1,000 shares were bought. As a result of this transaction, Strange Douglas D now holds 19,403 shares worth roughly $1.16 million.

Then, Ezzell Robert Dale sold 8,000 shares, generating $559,251 in total proceeds. Upon selling the shares at $69.91, the Director now owns 27,444 shares.

Before that, Ezzell Robert Dale bought 10,134 shares. Ameris Bancorp shares valued at $640,975 were divested by the Director at a price of $63.25 per share.

A number of analysts have revised their coverage, including Raymond James’s analysts, who increased its forecast for the stock in late October from “a Mkt perform” to “an Outperform”. DA Davidson also remained covering ABCB and has increased its forecast on October 10, 2023 with a “Buy” recommendation from previously “Neutral” rating. Stephens started covering the stock on April 04, 2023. It rated ABCB as “an Equal-weight”.

Price Performance Review of ABCB

On Tuesday, Ameris Bancorp [NYSE:ABCB] saw its stock fall -1.29% to $59.75. Over the last five days, the stock has lost -5.38%. Ameris Bancorp shares have fallen nearly -4.51% since the year began. Nevertheless, the stocks have risen 25.34% over the past one year. While a 52-week high of $74.56 was reached on 02/06/25, a 52-week low of $46.71 was recorded on 04/04/25.

Levels Of Support And Resistance For ABCB Stock

The 24-hour chart illustrates a support level at 59.38, which if violated will result in even more drops to 59.00. On the upside, there is a resistance level at 60.36. A further resistance level may holdings at 60.97.

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