First Midwest Bancorp, Inc. (FMBI) Forms $24.41 Double Top; Riverview Bancorp (RVSB) SI Decreased By 4.49%

First Midwest Bancorp, Inc. (NASDAQ:FMBI) Logo

First Midwest Bancorp, Inc. (FMBI) formed double top with $26.61 target or 9.00% above today’s $24.41 share price. First Midwest Bancorp, Inc. (FMBI) has $2.52 billion valuation. The stock decreased 0.61% or $0.15 during the last trading session, reaching $24.41. About 382,662 shares traded. First Midwest Bancorp, Inc. (NASDAQ:FMBI) has risen 6.24% since May 4, 2017 and is uptrending. It has underperformed by 5.31% the S&P500.

Riverview Bancorp Inc (NASDAQ:RVSB) had a decrease of 4.49% in short interest. RVSB’s SI was 116,900 shares in May as released by FINRA. Its down 4.49% from 122,400 shares previously. With 44,900 avg volume, 3 days are for Riverview Bancorp Inc (NASDAQ:RVSB)’s short sellers to cover RVSB’s short positions. The SI to Riverview Bancorp Inc’s float is 0.56%. The stock decreased 2.71% or $0.25 during the last trading session, reaching $8.97. About 38,248 shares traded or 5.73% up from the average. Riverview Bancorp, Inc. (NASDAQ:RVSB) has risen 26.60% since May 4, 2017 and is uptrending. It has outperformed by 15.05% the S&P500.

Investors sentiment decreased to 1.12 in 2017 Q4. Its down 0.45, from 1.57 in 2017Q3. It is negative, as 17 investors sold First Midwest Bancorp, Inc. shares while 56 reduced holdings. 19 funds opened positions while 63 raised stakes. 84.55 million shares or 2.14% more from 82.77 million shares in 2017Q3 were reported. Raymond James reported 0% stake. Moreover, Aperio Grp Ltd Company has 0% invested in First Midwest Bancorp, Inc. (NASDAQ:FMBI). Gemmer Asset Mngmt holds 174 shares. State Of Tennessee Treasury Department accumulated 80,650 shares or 0.01% of the stock. Cna Fincl Corporation has invested 0.19% in First Midwest Bancorp, Inc. (NASDAQ:FMBI). Piedmont Invest Advsrs Ltd holds 0.01% or 21,117 shares in its portfolio. Quantbot Tech Limited Partnership reported 4,730 shares. Ameriprise Fincl holds 838,683 shares or 0.01% of its portfolio. Wellington Management Grp Inc Limited Liability Partnership invested in 5.26 million shares or 0.03% of the stock. Moreover, Eaton Vance has 0% invested in First Midwest Bancorp, Inc. (NASDAQ:FMBI) for 66,805 shares. First Mercantile Trust Co has 0.06% invested in First Midwest Bancorp, Inc. (NASDAQ:FMBI). Ameritas Prns Incorporated holds 22,089 shares or 0.01% of its portfolio. Citigroup accumulated 3,581 shares or 0% of the stock. Telemus Capital has invested 0.03% in First Midwest Bancorp, Inc. (NASDAQ:FMBI). Cwm Ltd Liability invested in 0% or 26 shares.

Since December 15, 2017, it had 0 buys, and 8 insider sales for $5.33 million activity. Another trade for 50,000 shares valued at $1.23M was made by OMEARA ROBERT P on Friday, December 15. 8,554 shares valued at $224,628 were sold by SCUDDER MICHAEL L on Friday, March 9. Another trade for 42,328 shares valued at $1.11M was sold by Sander Mark G. On Thursday, March 8 MCDONNELL PATRICK J sold $657,145 worth of First Midwest Bancorp, Inc. (NASDAQ:FMBI) or 25,392 shares. VANDERWOUDE J STEPHEN had sold 42,387 shares worth $1.10 million on Thursday, March 8.

Among 9 analysts covering First Midwest Bancorp (NASDAQ:FMBI), 5 have Buy rating, 0 Sell and 4 Hold. Therefore 56% are positive. First Midwest Bancorp has $28 highest and $19 lowest target. $26’s average target is 6.51% above currents $24.41 stock price. First Midwest Bancorp had 21 analyst reports since July 24, 2015 according to SRatingsIntel. Jefferies maintained First Midwest Bancorp, Inc. (NASDAQ:FMBI) on Friday, October 20 with “Buy” rating. The firm has “Hold” rating by Keefe Bruyette & Woods given on Thursday, December 21. The firm earned “Overweight” rating on Monday, July 24 by PiperJaffray. Jefferies maintained the stock with “Buy” rating in Friday, June 9 report. Piper Jaffray maintained First Midwest Bancorp, Inc. (NASDAQ:FMBI) on Tuesday, October 3 with “Buy” rating. On Tuesday, November 28 the stock rating was maintained by SunTrust with “Buy”. Piper Jaffray maintained the stock with “Buy” rating in Friday, December 1 report. Jefferies maintained the shares of FMBI in report on Friday, September 15 with “Buy” rating. The firm has “Buy” rating given on Friday, August 11 by Jefferies. The firm earned “Hold” rating on Tuesday, October 3 by Keefe Bruyette & Woods.

Riverview Bancorp, Inc. (NASDAQ:RVSB) Institutional Positions Chart