First Busey Corp (NASDAQ: BUSE) is 2.48% higher on its value in year-to-date trading and has touched a low of $18.40 and a high of $28.97 in the current 52-week trading range. The question becomes, what are the chances the stock will continue to grow shareholders’ wealth in the market. Here’s what analysts think will happen to its price in the coming time. The BUSE stock was last observed hovering at around $24.04 in the last trading session, with the day’s gains setting it 0.34%.
Currently trading at $24.38, the stock is 6.20% and 9.35% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 0.36 million and changing 1.41% at the moment leaves the stock 2.93% off its SMA200. BUSE registered 3.44% gain for a year compared to 6-month loss of 3.44%. The firm has a 50-day simple moving average (SMA 50) of $22.2948 and a 200-day simple moving average (SMA200) of $23.68645.
The stock witnessed a 7.45% gain in the last 1 month and extending the period to 3 months gives it a 12.25%, and is 4.10% up over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 2.43% over the week and 2.23% over the month.
First Busey Corp (BUSE) has around 1509 employees, a market worth around $2.18B and $690.18M in sales. Current P/E ratio is 22.73 and Fwd P/E is 8.95. Profit margin for the company is 8.33%. Distance from 52-week low is 32.50% and -15.84% from its 52-week high. The company has generated returns on investments over the last 12 months (2.21%).
with sales reaching $193.93M over the same period.The EPS is expected to shrink by -20.35% this year, but quarterly earnings will post 58.13% year-over-year. Quarterly sales are estimated to grow 66.73% in year-over-year returns.
330.0 institutions hold shares in First Busey Corp (BUSE), with institutional investors hold 65.12% of the company’s shares. The shares outstanding are 90.01M, and float is at 85.61M with Short Float at 1.80%. Institutions hold 61.20% of the Float.
The top institutional shareholder in the company is BLACKROCK INC. with over 4.75 million shares valued at $114.96 million. The investor’s holdings represent 8.3425 of the BUSE Shares outstanding. As of 2024-06-30, the second largest holder is DIMENSIONAL FUND ADVISORS LP with 3.33 million shares valued at $80.5 million to account for 5.8418 of the shares outstanding. The other top investors are VANGUARD GROUP INC which holds 3.0 million shares representing 5.2708 and valued at over $72.63 million, while WELLINGTON MANAGEMENT GROUP LLP holds 3.8471 of the shares totaling 2.19 million with a market value of $53.01 million.
First Busey Corp (BUSE) Insider Activity
The most recent transaction is an insider purchase by Jensen Karen M, the company’s Director. SEC filings show that Jensen Karen M bought 5,000 shares of the company’s common stock on Jun 13 ’25 at a price of $22.50 per share for a total of $0.11 million. Following the purchase, the insider now owns 81068.0 shares.
First Busey Corp disclosed in a document filed with the SEC on Jun 13 ’25 that BRADSHAW STANLEY J (Director) bought a total of 1,000 shares of the company’s common stock. The trade occurred on Jun 13 ’25 and was made at $22.40 per share for $22400.0. Following the transaction, the insider now directly holds 0.49 million shares of the BUSE stock.
Still, SEC filings show that on Jun 13 ’25, CAPLE STEVEN W (Director) acquired 3,300 shares at an average price of $22.39 for $73887.0. The insider now directly holds 8,344 shares of First Busey Corp (BUSE).
