Midland States Bancorp (MSBI) Insider Smith Buys $14K of Stock
Jeffrey Smith purchased 486 shares of Midland States Bancorp on June 30, 2026.
Reviewed by automated data checks against the source filing. How we make and check alerts
Jeffrey Smith bought 486 shares of Midland States Bancorp, Inc. ($MSBI) at an average price of $28.62, worth about $13,908.49, 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
- Jeffrey Smith bought 486 shares of Midland States Bancorp (MSBI) for about $13,908 on June 30, 2026.
- The stock was trading at $31.14 at the time of publication, reflecting a solid position compared to its 52-week high of $35.10.
- Other insiders also made notable purchases on the same day, including Travis Franklin, who acquired 1,990 shares valued at over $61,000.
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Insider Buying and Selling at Midland States Bancorp, Inc.
Jeffrey Smith bought 486 shares of Midland States Bancorp (MSBI) on June 30, 2026, for approximately $13,908. This purchase adds to the recent trend of insider buying at the company, indicating confidence in its future performance.
Other Insiders Join the Trend
On the same day, several other insiders also made purchases. Travis Franklin acquired 1,990 shares valued at about $61,422, while Jeffrey McDonnell and Jerry McDaniel each bought 1,445 shares at $31.14, totaling around $44,997 for each. Bingham Richard Dean purchased 393 shares at $26.55, and Richard Ramos acquired 619 shares at the same price. Robert Schultz rounded out the day with a purchase of 2,865 shares at $28.87, showing a strong insider interest in the company.
How MSBI Stock Has Traded
The shares of Midland States Bancorp were trading at $31.14 on June 30, 2026. This price is close to its 52-week high of $35.10 and significantly above its low of $14.24. The stock's current price suggests that it has been performing well, especially in the context of recent insider buying.
Recent Earnings
For the fiscal year, Midland States Bancorp reported revenue of $286.1 million, with a growth rate of 18%. The company has an earnings per share (EPS) of $1.57 and a net margin of 15.03%. Its next earnings report is scheduled for October 29, 2026.
Analysts Set New Price Targets
Analysts have maintained their ratings for MSBI. On July 28, 2026, Piper Sandler kept a Neutral rating with a target price of $35.00. Keefe, Bruyette & Woods also maintained a Market Perform rating with a target of $31.00 on July 27, 2026. DA Davidson confirmed a Neutral rating with a target of $33.00, also on July 27, 2026. This consistent outlook from analysts suggests a stable view of the company's performance in the near future.
What MSBI Does
Midland States Bancorp, Inc. operates as a financial holding company for Midland States Bank, offering various banking products and services. It serves individuals, businesses, and municipalities through its banking and wealth management segments. The company's diverse offerings include commercial and residential loans, equipment leasing, and trust services, which are essential for its growth in the regional banking sector.
What's Ahead for MSBI
Investors will be closely watching the next earnings report on October 29, 2026, to gauge the company's performance. The recent insider activity reflects confidence in Midland States Bancorp's growth potential. As a reminder, the insider transactions reported are based on filings made after the trades, which may not represent current positions.
Related Filing Alerts
Source: Jeffrey Smith'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