Midland States Bancorp (MSBI) Insider Dimotta Buys $5.3K of Stock
Jennifer Dimotta purchased shares of Midland States Bancorp, adding to a wave of insider activity on June 30, 2026.
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Jennifer Dimotta bought 199 shares of Midland States Bancorp, Inc. ($MSBI) at an average price of $26.55, worth about $5,283.45, on June 30, 2026. The trade was reported to the SEC in a Form 4 filing.
Since the trade, $MSBI is down 2.8% after 1 week, up 6.9% after 1 month and up 4.5% to date (from the $30.83 close on Jun 30, 2026).
MSBI
Midland States Bancorp, Inc.
Key Points
- On June 30, 2026, Jennifer Dimotta bought 199 shares of Midland States Bancorp (MSBI) at $26.55 each, totaling $5,283.45.
- The stock is currently trading at $31.14, above its 52-week low of $14.24 and near its high of $35.10.
- Insider buying has been active, with several executives, including Travis Franklin and Jeffrey Mcdonnell, also making purchases on the same day.
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Insider Buying and Selling at Midland States Bancorp, Inc.
On June 30, 2026, Jennifer Dimotta bought 199 shares of Midland States Bancorp (MSBI) at $26.55 each, totaling $5,283.45. This purchase is part of a notable increase in insider activity surrounding the stock, which closed at $31.14 on the same day.
Recent Insider Purchases
Dimotta's purchase adds to a wave of insider buying on June 30. Travis Franklin acquired 1,990 shares at an average price of $30.87, valued at about $61,422.35. Jeffrey Mcdonnell and Jerry Mcdonnell each bought 1,445 shares at $31.14, with values of $44,997.30 each. Other insiders, including Bingham Richard Dean, Jeffrey Smith, and Richard Ramos, also made purchases on the same day, indicating strong confidence among the company's leadership.
How MSBI Stock Has Traded
Currently, MSBI trades at $31.14, which is above its 50-day moving average of $32.89 but below its 52-week high of $35.10. The stock has shown resilience, climbing from a low of $14.24 over the past year. With the company's next earnings report set for October 29, 2026, investors might be watching closely for further developments.
Analysts Set New Price Targets
Analysts are maintaining a cautious view on MSBI. On July 28, 2026, Piper Sandler maintained a Neutral rating with a price target of $35.00, up from a prior target of $32.00. Keefe, Bruyette & Woods also kept a Market Perform rating with a target of $31.00, increased from $28.00. DA Davidson reiterated a Neutral rating with a target of $33.00, up from $30.00, reflecting a steady outlook for the stock.
What MSBI Does
Midland States Bancorp, Inc. provides a range of banking products and services, including commercial and residential loans, equipment leasing, and wealth management services. The company's focus on diverse banking solutions helps it serve individuals, businesses, and municipalities effectively.
What's Ahead for MSBI
As insiders continue to show confidence in the stock, observers will be keen to see the results of Midland States Bancorp's upcoming earnings report on October 29, 2026. The recent insider trades highlight a strong belief in the company's future performance. Remember, these insider transactions are reflective of past decisions and may not indicate current positions.
Related Filing Alerts
Source: Jennifer Dimotta's Form 4 filing on $MSBI (Jun 30, 2026). Find the original filing: MSBI Form 4 filings on SEC EDGAR. Written by software, not financial advice. How we make alerts