Bingham Richard Dean Buys Shares of MSBI
Bingham Richard Dean acquired 393 shares of MSBI on June 30, 2026.
Key Points
- Bingham Richard Dean purchased 393 shares of MSBI at $26.55 each, totaling $10,434.15 on June 30, 2026.
- Shares of MSBI traded near $31.14 on Wednesday, with institutional activity showing mixed changes.
- Analysts from Piper Sandler and DA Davidson maintained hold ratings on MSBI with price targets ranging from $19 to $32.
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On June 30, 2026, Bingham Richard Dean bought 393 shares of MSBI at an average price of $26.55, spending a total of $10,434.15. This insider transaction was not part of a pre-planned trading arrangement.
Other Institutional Activity in MSBI
Institutional investors showed varied interest in MSBI. BlackRock, Inc. trimmed its holdings by 84,312 shares, ending with 2,855,654 shares valued at approximately $63.7 million. Vanguard Capital Management LLC opened a new position with 901,392 shares worth around $20.1 million. On the other hand, Dimensional Fund Advisors LP reduced its stake by 160,022 shares, holding 890,800 shares valued at $19.9 million. Meanwhile, State Street Corp increased its holdings by 83,060 shares to a total of 765,922 shares, valued at $17.1 million.
Midland States Bancorp, Inc. Stock Down 5.6%
Shares of MSBI traded near $31.14 on Wednesday. The stock has shown a variety of institutional movements, reflecting mixed investor sentiment. The recent insider buying might signal confidence within the company's leadership.
$MSBI stock price
Daily closing prices, year to date. Not investment advice.
Insider Buying and Selling at Midland States Bancorp, Inc.
Alongside Bingham Richard Dean's purchase, several other insiders made transactions on June 30, 2026. Gerald Joseph Carlson bought 2,064 shares at $30.84 each, while Jennifer Dimotta, Robert Schultz, Richard Ramos, and Jeffrey Smith each acquired 1,445 shares at $31.14 apiece.
Analysts Set New Price Targets
On June 26, 2026, Piper Sandler maintained a hold rating on MSBI with a price target of $32. Previously, DA Davidson also held a hold rating with a target of $26 on April 27, 2026. Analysts generally maintain a cautious outlook on MSBI, with price targets ranging from $19 to $32.
Bottom Line
Bingham Richard Dean's recent purchase of MSBI shares adds to the ongoing insider activity within the company. Institutional investors show mixed actions, with some increasing and others reducing their stakes. Analysts remain cautious, maintaining hold ratings with a range of price targets. As always, insider transactions like these are backward-looking and may not indicate current positions or future actions.
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