Carlson Gerald Joseph Buys Shares of MSBI

On June 30, 2026, Carlson Gerald Joseph purchased 2,064 shares of MSBI at an average price of $30.84 per share, for a total value of $63,644.06. This purchase was not made under a pre-planned trading program.

Other Institutional Activity in MSBI

Several major funds have also adjusted their holdings in MSBI. BlackRock, Inc. reduced its stake by 84,312 shares, bringing its total to 2,855,654 shares valued at approximately $63.7 million, marking a 2.9% decrease. Vanguard Capital Management LLC opened a new position with 901,392 shares worth about $20.1 million. Dimensional Fund Advisors LP cut its holdings by 160,022 shares, leaving it with 890,800 shares valued at $19.9 million, a 15.2% decrease. State Street Corp increased its position by 83,060 shares, totaling 765,922 shares worth $17.1 million, reflecting a 12.2% increase.

Insider Buying and Selling at Midland States Bancorp, Inc.

On June 30, 2026, several insiders at MSBI made significant stock purchases. Jennifer Dimotta, Robert Schultz, Richard Ramos, Jeffrey Smith, and Richard Dean Bingham each bought 1,445 shares at $31.14 per share. These transactions were not part of pre-planned trading programs.

Analysts Set New Price Targets

On June 26, 2026, Piper Sandler maintained a 'hold' rating on MSBI, setting a price target of $32.00. DA Davidson had previously maintained its 'hold' rating with a target of $26.00 on April 27, 2026. The consensus among analysts remains cautious, with a general 'hold' recommendation.

Bottom Line

Carlson Gerald Joseph's purchase of MSBI shares highlights ongoing insider interest in the company. While the stock is currently trading around $31.14, analysts have a mixed outlook with most maintaining a 'hold' rating. Investors often track insider activity for potential signals, but it's important to remember that these transactions are disclosed after the fact and may not reflect current market sentiment.