Glacier Bancorp, Inc (NYSE:GBCI) shares traded -1.23% lower at $49.83 on Wall Street last session.
GBCI stock price is now -3.09% away from the 50-day moving average and 8.64% away from the 200-day moving average. The market capitalization of the company currently stands at $5.65B.
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On July 24, 2023, Truist Downgraded its previous ‘Buy’ rating to ‘Hold’ on the stock keeping its target price maintained at $34, while ‘Raymond James’ rates the stock as ‘Outperform’
In other news, Chery Don J., Officer bought 9,093 shares of the company’s stock on Feb 13 ’25. The stock was bought for $456,104 at an average price of $50.16. An SEC document containing details of the transaction can be found on the SEC’s website. On Jul 31 ’24, Director Goodwin Annie M. sold 5,619 shares of the business’s stock. A total of $250,326 was realized by selling the stock at an average price of $44.55. This leaves the insider owning 9,402 shares of the company worth $0.47 million. A total of 0.56% of the company’s stock is owned by insiders.
During the past 12 months, Glacier Bancorp, Inc has had a low of $34.35 and a high of $60.67. The fifty day moving average price for GBCI is $51.4182 and a two-hundred day moving average price translates $45.8667 for the stock.
The latest earnings results from Glacier Bancorp, Inc (NYSE: GBCI) was released for 2024-12-31. The net profit margin was 14.99% and return on equity was 6.09% for GBCI. The company reported revenue of $289.58 million for the quarter, compared to $264.91 million a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue rose 9.31 percent. For the current quarter, analysts expect GBCI to generate $227.4M in revenue.
