Investors can speculate about the future of a stock by watching how its insiders buy and sell stocks. Southside Bancshares Inc shares valued at $8,397 were purchased by Calhoun Kirk A. on May 23 ’25. At $27.99 per share, Calhoun Kirk A. acquired 300 shares. The insider’s holdings grew to 16,766 shares worth approximately $0.47 million following the completion of this transaction.
Also, MCCABE BRIAN K sold 11,385 shares, netting a total of over 417,488 in proceeds. Following the sale of shares at $36.67 each, the insider now holds 14,497 shares.
Before that, MCCABE BRIAN K had added 14,648 shares to its account. In a trade valued at $531,722, the Officer bought Southside Bancshares Inc shares for $36.30 each.
As published in their initiating research note from Raymond James on January 14, 2025, Southside Bancshares Inc [SBSI] has been a Mkt perform. Analysts at Hovde Group resumed the stock at ‘”a Market perform”‘ outlook in a report released in late July. As of May 09, 2024, Hovde Group has reiterated its “Market perform” rating for SBSI. Earlier on December 20, 2021, Stephens initiated its rating. Their recommendation was “an Equal-weight” for SBSI stock.
Analyzing SBSI Stock Performance
On last trading session,, Southside Bancshares Inc [NYSE: SBSI] rose 1.26% to $28.05. During the last five days, there has been a drop of approximately -2.57%. Over the course of the year, Southside Bancshares Inc shares have dropped approximately -11.68%. Shares of the company reached a 52-week high of $33.14 on 01/28/25 and a 52-week low of $25.85 on 04/10/25.
Support And Resistance Levels for Southside Bancshares Inc (SBSI)
According to the 24-hour chart, there is a support level at 27.75, which, if violated, would cause prices to drop to 27.44. In the upper region, resistance lies at 28.26. The next price resistance is at 28.46. RSI (Relative Strength Index) is 45.97 on the 14-day chart, showing neutral technical sentiment.
