Kyle Owen Mooney Sells 1,198 Shares of Midland States Bancorp (NASDAQ:MSBI) Stock

Posted by Francis Steltz on Aug 19th, 2026

Midland States Bancorp, Inc. (NASDAQ:MSBI – Get Free Report) COO Kyle Owen Mooney sold 1,198 shares of the business’s stock in a transaction on Tuesday, August 11th. The shares were sold at an average price of $33.51, for a total transaction of $40,144.98. Following the completion of the sale, the chief operating officer directly owned 14,099 shares of the company’s stock, valued at approximately $472,457.49. This trade represents a 7.83% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link.

Kyle Owen Mooney also recently made the following trade(s):

On Tuesday, August 18th, Kyle Owen Mooney sold 489 shares of Midland States Bancorp stock. The stock was sold at an average price of $33.16, for a total value of $16,215.24.

Midland States Bancorp Stock Down 0.5%

MSBI opened at $33.14 on Wednesday. Midland States Bancorp, Inc. has a one year low of $14.24 and a one year high of $35.10. The company has a debt-to-equity ratio of 0.73, a quick ratio of 0.78 and a current ratio of 0.78. The stock has a market capitalization of $687.65 million, a P/E ratio of 21.24 and a beta of 0.66. The business’s 50-day simple moving average is $31.52 and its 200-day simple moving average is $26.81.

Midland States Bancorp (NASDAQ:MSBI – Get Free Report) last announced its earnings results on Thursday, July 23rd. The financial services provider reported $0.82 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.78 by $0.04. The firm had revenue of $83.74 million during the quarter, compared to analysts’ expectations of $80.70 million. Midland States Bancorp had a return on equity of 13.32% and a net margin of 9.40%. Analysts anticipate that Midland States Bancorp, Inc. will post 3.4 EPS for the current year.

Midland States Bancorp Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Friday, August 21st. Stockholders of record on Friday, August 14th will be given a dividend of $0.33 per share. This represents a $1.32 dividend on an annualized basis and a dividend yield of 4.0%. This is a boost from Midland States Bancorp’s previous quarterly dividend of $0.32. The ex-dividend date is Friday, August 14th. Midland States Bancorp’s payout ratio is 84.62%.

Midland States Bancorp declared that its Board of Directors has initiated a share repurchase program on Wednesday, May 6th that allows the company to buyback $45.00 million in outstanding shares. This buyback authorization allows the financial services provider to purchase up to 8% of its stock through open market purchases. Stock buyback programs are usually an indication that the company’s management believes its stock is undervalued.

Wall Street Analysts Forecast Growth

MSBI has been the subject of a number of recent research reports. Piper Sandler increased their price target on shares of Midland States Bancorp from $32.00 to $35.00 and gave the stock a “neutral” rating in a research note on Tuesday, July 28th. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Midland States Bancorp in a report on Friday, July 31st. Keefe, Bruyette & Woods increased their target price on shares of Midland States Bancorp from $28.00 to $31.00 and gave the stock a “market perform” rating in a research note on Monday, July 27th. Zacks Research raised Midland States Bancorp from a “hold” rating to a “strong-buy” rating in a report on Tuesday, April 28th. Finally, Wall Street Zen upgraded Midland States Bancorp from a “hold” rating to a “buy” rating in a research report on Saturday, August 1st. One research analyst has rated the stock with a Strong Buy rating and five have issued a Hold rating to the stock. According to MarketBeat.com, the company has a consensus rating of “Hold” and an average target price of $29.10.

Get Our Latest Report on MSBI

Institutional Inflows and Outflows

Several large investors have recently added to or reduced their stakes in MSBI. Legal & General Group Plc purchased a new stake in Midland States Bancorp in the 2nd quarter valued at approximately $58,000. CANADA LIFE ASSURANCE Co raised its stake in shares of Midland States Bancorp by 33.1% during the 4th quarter. CANADA LIFE ASSURANCE Co now owns 2,022 shares of the financial services provider’s stock worth $43,000 after buying an additional 503 shares in the last quarter. Amundi raised its stake in shares of Midland States Bancorp by 39.4% during the 1st quarter. Amundi now owns 2,194 shares of the financial services provider’s stock worth $38,000 after buying an additional 620 shares in the last quarter. CIBC Private Wealth Group LLC acquired a new stake in shares of Midland States Bancorp in the 3rd quarter valued at approximately $46,000. Finally, Quadrant Capital Group LLC lifted its holdings in shares of Midland States Bancorp by 302.7% in the 4th quarter. Quadrant Capital Group LLC now owns 4,599 shares of the financial services provider’s stock valued at $97,000 after buying an additional 3,457 shares during the period. 60.93% of the stock is owned by hedge funds and other institutional investors.

Midland States Bancorp Company Profile

(Get Free Report)

Midland States Bancorp, Inc is a bank holding company headquartered in Effingham, Illinois, that oversees Midland States Bank, a community-focused financial institution. Through its subsidiary, the company provides a full range of commercial and retail banking services designed to meet the needs of individuals, small and mid-sized businesses, and nonprofit organizations. Its branch network spans key markets in Illinois, Missouri and Florida, where it emphasizes relationship-driven banking and local decision-making.

The company’s offerings include traditional deposit accounts, business and commercial lending, treasury and cash management services, mortgage financing and home equity products.