The Potential Rise in the Price of Shore Bancshares Inc (SHBI) following insiders activity

In a filing, Shore Bancshares Inc revealed its Director WAYSON KONRAD acquired Company’s shares for reported $16020.0 on Aug 13 ’25. In the deal valued at $16.02 per share,1,000 shares were bought. As a result of this transaction, WAYSON KONRAD now holds 60,731 shares worth roughly $1.05 million.

Then, Adams Michael Brian bought 10,000 shares, generating $150,000 in total proceeds. Upon buying the shares at $15.00, the Director now owns 44,912 shares.

Before that, LAMON JOHN bought 250 shares. Shore Bancshares Inc shares valued at $3,638 were divested by the Director at a price of $14.55 per share. As a result of the transaction, LAMON JOHN now holds 62,132 shares, worth roughly $1.07 million.

Piper Sandler initiated its Shore Bancshares Inc [SHBI] rating to an Overweight in a research note published on February 06, 2025; the price target was $20. A number of analysts have revised their coverage, including Keefe Bruyette’s analysts, who increased its forecast for the stock in early December from “a Mkt perform” to “an Outperform”. Janney also remained covering SHBI and has decreased its forecast on July 30, 2024 with a “Neutral” recommendation from previously “Buy” rating. Janney revised its rating on August 15, 2023. It rated SHBI as “a Buy” which previously was an “a Neutral”.

Price Performance Review of SHBI

On Friday, Shore Bancshares Inc [NASDAQ:SHBI] saw its stock fall -1.38% to $17.21. Over the last five days, the stock has gained 1.06%. Shore Bancshares Inc shares have risen nearly 20.77% since the year began. Nevertheless, the stocks have risen 8.58% over the past one year.

How much short interest is there in Shore Bancshares Inc?

A steep rise in short interest was recorded in Shore Bancshares Inc stocks on 2025-08-29, dropping by 68251.0 shares to a total of 0.31 million shares. Yahoo Finance data shows the prior-month short interest on 2025-07-31 was 0.38 million shares. There was a decline of -21.83%, which implies that there is a negative sentiment for the stock.

Most Popular

Knox Daily
Privacy Overview

This website uses cookies so that we can provide you with the best user experience possible. Cookie information is stored in your browser and performs functions such as recognising you when you return to our website and helping our team to understand which sections of the website you find most interesting and useful.