Richard Ramos Buys Shares of MSBI
Richard Ramos acquired 619 shares of MSBI at $26.55 each on June 30, 2026.
Key Points
- Richard Ramos bought 619 shares of MSBI at an average price of $26.55 on June 30, 2026, totaling $16,434.45.
- Shares of MSBI traded near $31.14 on Wednesday, with institutional activity showing varied changes in holdings.
- Analysts from Piper Sandler and DA Davidson maintained 'hold' ratings for MSBI with price targets ranging from $26.0 to $32.0.
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Richard Ramos, a notable insider, purchased 619 shares of MSBI at an average price of $26.55 each, totaling approximately $16,434.45. This transaction occurred on June 30, 2026, and was not part of a pre-planned trading program.
Other Institutional Activity in MSBI
BlackRock, Inc. reduced its holdings by 84,312 shares, leaving it with 2,855,654 shares valued at about $63.7 million. Vanguard Capital Management LLC opened a new position with 901,392 shares worth $20.1 million. Dimensional Fund Advisors LP decreased its stake by 160,022 shares, resulting in 890,800 shares valued at $19.9 million. State Street Corp increased its holdings by 83,060 shares, bringing its total to 765,922 shares worth $17.1 million. Meanwhile, Busey Bank held steady with no change, maintaining 759,286 shares valued at $16.9 million.
Midland States Bancorp, Inc. Stock Down 5.6%
Shares of MSBI traded near $31.14 on Wednesday. The stock has experienced a 52-week low of $27.50 and a high of $34.75. It has a 50-day moving average of $30.00 and a 200-day moving average of $28.50.
$MSBI stock price
Daily closing prices, year to date. Not investment advice.
Insider Buying and Selling at Midland States Bancorp, Inc.
On June 30, 2026, several insiders made purchases. Gerald Joseph Carlson bought 2,064 shares at $30.84 each. Jennifer Dimotta, Robert Schultz, Richard Ramos, Jeffrey Smith, and Richard Dean Bingham each acquired 1,445 shares at $31.14 per share. These transactions were not under Rule 10b5-1 plans.
Analysts Set New Price Targets
On June 26, 2026, Piper Sandler maintained its 'hold' rating on MSBI with a price target of $32.0. Earlier, on April 27, 2026, DA Davidson also maintained a 'hold' rating, setting a target of $26.0. The consensus among analysts remains a 'hold', with an average target price reflecting cautious optimism.
Bottom Line
Richard Ramos's recent purchase of MSBI shares highlights ongoing insider interest in the company. Institutional investors have shown mixed activity, with some increasing and others reducing their stakes. Analyst ratings remain steady, indicating a 'hold' consensus. As always, these insider and institutional activities are backward-looking and may not reflect current market positions.
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This instant news alert was generated by automated narrative technology and financial data from Podchat and public regulatory filings. It is for informational purposes only and is not financial advice.