Investors can expect a company’s stock to rise or fall based on the buying and selling of stock by its insiders. Third Coast Bancshares Inc shares valued at $251,490 were purchased by Bonnen Dennis on Jun 13 ’25. At $30.30 per share, Bonnen Dennis acquired 8,300 shares. The insider’s holdings grew to 152,059 shares worth approximately $4.57 million following the completion of this transaction.
Also, Bobbora William purchased 1,200 shares, netting a total of over 37,683 in proceeds. Following the buying of shares at $31.40 each, the insider now holds 10,450 shares.
Before that, Eber Liz had added 70 shares to its account. In a trade valued at $2,080, the insider bought Third Coast Bancshares Inc shares for $29.71 each. Upon closing the transaction, the insider’s holdings increased to 70 shares, worth approximately $16311.72.
As published in a research note from Raymond James on April 02, 2025, Third Coast Bancshares Inc [TCBX] has been rated down from an Outperform to a Mkt perform. Analysts at Keefe Bruyette downgraded the stock from ‘”an Outperform”‘ to ‘”a Mkt perform”‘ outlook in a report released in late January. As of January 11, 2024, Keefe Bruyette has initiated its “an Outperform” rating for TCBX. Earlier on July 28, 2023, Raymond James upgraded its rating. Their new recommendation was “an Outperform” for TCBX stock which previously was a “a Mkt perform”.
Analyzing TCBX Stock Performance
On last trading session,, Third Coast Bancshares Inc [NASDAQ: TCBX] rose 1.18% to $30.04. The stock’s lowest price that day was $30.038, but it reached a high of $31.0 in the same session. During the last five days, there has been a drop of approximately -2.78%. Over the course of the year, Third Coast Bancshares Inc shares have dropped approximately -11.52%. Shares of the company reached a 52-week high of $39.44 on 02/25/25 and a 52-week low of $25.17 on 04/07/25.
Support And Resistance Levels for Third Coast Bancshares Inc (TCBX)
According to the 24-hour chart, there is a support level at 29.72, which, if violated, would cause prices to drop to 29.40. In the upper region, resistance lies at 30.68. The next price resistance is at 31.32. RSI (Relative Strength Index) is 44.13 on the 14-day chart, showing neutral technical sentiment.
Is Third Coast Bancshares Inc subject to short interest?
Stocks of Third Coast Bancshares Inc saw a sharp rise in short interest on 2025-05-30 jumping by 2915.0 shares to 0.35 million. Data from Yahoo Finance shows that the short interest on 2025-04-30 was 0.35 million shares. A jump of 0.82% in short interest reflects a negative sentiment towards the stock. Despite the fact that short shares comprise just 6.22 of the overall float, the days-to-cover ratio (short ratio) jumped to 6.22.
Which companies own the most shares of Third Coast Bancshares Inc (TCBX)?
In terms of Third Coast Bancshares Inc share price expectations, FactSet research, analysts set an average price target of 26 in the next 12 months, down nearly -12.43% from the previous closing price of $29.69. Analysts anticipate Third Coast Bancshares Inc stock to reach 26 by 2025, with the lowest price target being 26. In spite of this, 1 analysts ranked Third Coast Bancshares Inc stock as Buy at the end of 2025.
