The price of United Bankshares, Inc (NASDAQ:UBSI) shares last traded on Wall Street fell -0.89% to $37.93.
UBSI stock price is now -2.00% away from the 50-day moving average and 2.94% away from the 200-day moving average. The market capitalization of the company currently stands at $5.13B.
With the price target of $32, Stephens recently initiated with Equal-Weight rating for United Bankshares, Inc (NASDAQ: UBSI)., while ‘Piper Sandler’ rates the stock as ‘Neutral’
In other news, NESSELROAD MARK R, Director sold 6,000 shares of the company’s stock on Dec 18 ’24. The stock was sold for $234,965 at an average price of $39.16. Upon completion of the transaction, the Director now directly owns 35,424 shares in the company, valued at $1.34 million. An SEC document containing details of the transaction can be found on the SEC’s website. On Dec 18 ’24, Member of immediate family of NESSELROAD MARK R bought 6,000 shares of the business’s stock. A total of $240,300 was incurred on buying the stock at an average price of $40.05. A total of 2.27% of the company’s stock is owned by insiders.
During the past 12 months, United Bankshares, Inc has had a low of $30.68 and a high of $44.43. The fifty day moving average price for UBSI is $38.7028 and a two-hundred day moving average price translates $36.8458 for the stock.
The latest earnings results from United Bankshares, Inc (NASDAQ: UBSI) was released for 2024-12-31. The net profit margin was 23.13% and return on equity was 7.63% for UBSI. The company reported revenue of $382.72 million for the quarter, compared to $356.91 million a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue rose 7.23 percent.
