Robert Schultz Buys Shares of MSBI
Robert Schultz purchased 2,865 shares of MSBI on June 30, 2026.
Key Points
- Robert Schultz bought 2,865 shares of MSBI for approximately $82,725.73 at an average price of $28.87 per share.
- Shares of MSBI traded near $31.14 on Wednesday with institutional investors like BlackRock reducing their holdings.
- Analysts from Piper Sandler and DA Davidson maintained hold ratings with price targets ranging from $26 to $32.
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Robert Schultz purchased 2,865 shares of MSBI on June 30, 2026, for a total value of about $82,725.73. The shares were bought at an average price of $28.87 each. This purchase was not part of a pre-planned 10b5-1 trading plan.
Insider Buying and Selling at Midland States Bancorp, Inc.
Several insiders made purchases on June 30, 2026. Gerald Joseph Carlson acquired 2,064 shares at $30.84 each, while Jennifer Dimotta, Richard Ramos, Jeffrey Smith, and Richard Dean Bingham each bought 1,445 shares at $31.14 per share. Robert Schultz led with a purchase of 2,865 shares at $28.87, totaling approximately $82,725.73.
Other Institutional Activity in MSBI
In the institutional arena, BlackRock, Inc. trimmed its holdings by 84,312 shares, bringing its total to 2,855,654 shares valued at about $63.7 million, a 2.9% decrease. Meanwhile, Vanguard Capital Management LLC opened a new position with 901,392 shares worth approximately $20.1 million. Dimensional Fund Advisors LP reduced its stake by 160,022 shares, ending with 890,800 shares valued at $19.9 million, marking a 15.2% decrease. State Street Corp increased its holdings by 83,060 shares to 765,922 shares, valued at $17.1 million, a 12.2% increase.
Midland States Bancorp, Inc. Stock Down 5.6%
On Wednesday, MSBI's stock traded near $31.14. The stock has seen a range between a 52-week low and high, with institutional investors actively adjusting their positions. The company continues to draw attention from both individual and institutional investors.
$MSBI stock price
Daily closing prices, year to date. Not investment advice.
Analysts Set New Price Targets
Piper Sandler maintained a hold rating for MSBI on June 26, 2026, with a price target of $32. DA Davidson also maintained a hold rating with a target of $26 on April 27, 2026. These ratings reflect a stable outlook for the company, with price targets showing a range based on current market conditions.
Bottom Line
Robert Schultz's recent purchase of MSBI shares highlights ongoing interest in the company from insiders. Institutional activity shows a mix of new positions and reductions, indicating varied market strategies. Analysts maintain a hold stance, suggesting a cautious but steady outlook for MSBI. As always, remember that insider and institutional transactions are backward-looking and may not reflect current positions.
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