First Busey (BUSE) Director Cassens Sells $42K of Stock

Michael David Cassens, a Director at First Busey Corporation (BUSE), sold 1,441 shares on October 15, 2026, for a total of about $41,961.92. This transaction was planned in advance, and the shares were sold at a price of $29.12 each.

Inside Michael David Cassens's Trade

Cassens's recent sale adds to his previous transactions, where he sold shares on several occasions this year. His latest sale follows earlier sales of 1,441 shares at prices ranging from $29.34 to $31.08 over the past few months.

Other Institutional Activity in First Busey Corporation

Several other institutional investors have been active in First Busey Corporation. Blackrock Inc. grew its holdings by 836,287 shares, ending with 7,811,161 shares worth about $229.9 million. State Street Corporation added 378,442 shares, bringing its total to 3,467,760 shares valued at approximately $102.1 million. On the other hand, Wellington Management Group, LLP reduced its stake, selling off 2,113,363 shares, which left it with 4,866,039 shares worth about $143.2 million.

First Busey Corporation Stock Up 0.5%

As of October 16, 2026, First Busey Corporation's stock was recently trading around $29.40, which is below its 50-day moving average of $30.12 and about 7.3% off its 52-week high of $31.70. The stock's performance indicates some volatility, especially as it sits 32.9% above its 52-week low of $22.12.

Recent Earnings

First Busey Corporation reported trailing twelve-month revenue of approximately $782.9 million, with a net margin of 29.5% and a return on equity of 9.6%. The next earnings report is scheduled for October 27, 2026.

Insider Buying and Selling at First Busey Corporation

In addition to Cassens's recent sale, he had previously sold shares on June 15, July 15, August 17, and September 15, totaling 5,883 shares at various prices. His sales reflect a consistent pattern of transactions this year without any recent insider purchases.

Analysts Set New Price Targets

Analysts have maintained their outlook on First Busey Corporation. On July 1, 2026, Raymond James maintained an "Outperform" rating with a target of $32. Piper Sandler also kept an "Overweight" rating with a target of $35 on July 30, 2026. However, on October 2, 2026, Piper Sandler downgraded their rating to "Neutral" with a revised target of $30.

About First Busey Corporation

First Busey Corporation operates as a bank holding company for Busey Bank, providing banking products and services to various customers across the United States. The company has segments in Banking, Wealth Management, and FirsTech, serving individual and corporate clients.

Bottom Line

Investors should monitor the upcoming earnings report on October 27, 2026, for insights into the company's performance. Additionally, keep an eye on any further insider transactions, as they can provide clues about management's sentiment regarding the company's future.