Midland States Bancorp, Inc.· MSBI

🇺🇸 US · SmallBroad USNASDAQ

Financial ServicesBanks - RegionalWebsite

Price: $34.53
Day: +0.85%
Mkt Cap: $716.57M
52W Range: $14.24 – $34.85
Volume: 171.0K
Beta: 0.64

D55D FrameworkQuarterly Data

Holdings Analysis

Insider activity, institutional flows, and fund ownership.

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Midland States Bancorp, Inc.

MSBI|Financial Services|Banks - Regional

Current price: $35

Smart Money

Dimension 5 of 5

Insider Activity, Q3 2026

Latest scored quarter, net flow, and top transactions by value

Net dollar flow-$285.0K

Net share flow-8.4K

Purchases0 ($0)

Sales1 ($285.0K)

Top Notable Transactions

Insider

Type

Value

Date

McDaniel Jerry L.

Purchase

$500.0K

Aug 17

Ludwig Jeffrey G.

Sale

$312.7K

Oct 29

Ludwig Jeffrey G.

Sale

$285.0K

Jul 28

Institutional Ownership, Q1 2026

Ownership share, position changes, share flow, and top holders

Ownership64.4%

13F share flow+6.2%

Investors holding139

+91 adding-55 reducing

New 15Inc 76Red 39Closed 16

Top Institutional Holders

Institution

Value

Change

BLACKROCK, INC.

$63.7M

-2.9%

DIMENSIONAL FUND ADVISORS LP

$19.9M

-15.2%

STATE STREET CORP

$17.1M

+12.2%

BUSEY WEALTH MANAGEMENT

$16.9M

0.0%

ETF & Mutual Fund Activity, Q2 2026

Latest meaningful quarter: fund-by-fund buying / unchanged / selling

Funds reporting78

Total shares held4.4M

Share flow+9.9%

16 buying17 selling

Buying 16Unchanged 45Selling 17

Top Fund Holders

Fund

Weight

Change

iSHARES TRUST

789.9K

0.01%

FIDELITY CONCORD STREET TRUST

196.5K

0.07%

-1.5K

SCHWAB STRATEGIC TRUST

114.7K

0.04%

-1.5K

COLUMBIA FUNDS SERIES TRUST I

90.6K

0.00%

-5.7K

See the complete picture

The full 5D Framework: Business Quality · Peer Comparison · Valuation · Analyst Sentiment · Smart Money

Explore MSBI on stockoscope.com→

Generated August 5, 2026

For educational purposes only. Not financial advice. Data may be delayed or incomplete.

Smart Money Sentiment

MSBI Smart Money Sentiment Score

A weighted 1-5 sentiment score across three smart money signals.

Smart Money

3.2/5

Neutral

Weighted across 3 components

Component Breakdown (3 of 3 available)

Insider Activity

40% weight

-40

Institutional Flow

50% weight

+52

Fund Flow

10% weight

Overall Smart Money sentiment of 3.2/5 (Neutral) based on a weighted combination of 3 components. Insider activity uses a relative-baseline comparison against the stock's own history; institutional flow tracks position momentum and 13F share changes; fund flow measures ETF / mutual-fund buying vs selling. Higher scores indicate stronger bullish sentiment from professional investors.Last updated August 4, 2026.

Insider Trading Activity

Insider trading analysis comparing the latest quarter against the stock's own historical baseline.

Insider Activity for MSBI

Net insider share flow by quarter (C-suite & director purchases minus sales)

Bearish Signal

Elevated insider selling in Q3 2026

1 sale totaling $285.0K (8.4K shares)

Share volume is 18x the historical average, extreme level

Buying seen in 3 of 7 quarters

Notable Recent Transactions, MSBI

Top 8 highest-value recent insider trades

McDaniel Jerry L.

Director

Buy

20,000 shares at $25.00

Aug 17, 2022$500.00K

Ludwig Jeffrey G.

CEO

Sell

12,753 shares at $24.52

Oct 29, 2024$312.68K

Ludwig Jeffrey G.

CEO

Sell

8,383 shares at $34.00

Jul 28, 2026$285.02K

Franklin Travis

Director

Buy

9,400 shares at $26.49

May 5, 2026$248.99K

Spring Donald J.

Officer

Sell

6,661 shares at $22.07

Jun 12, 2024$146.98K

Schultz Robert F.

Director

Sell

4,262.29 shares at $27.00

Nov 6, 2024$115.08K

Bingham Richard Dean

Director

Buy

4,000 shares at $25.00

Aug 17, 2022$100.00K

Bingham Richard Dean

Director

Buy

5,200 shares at $19.15

May 2, 2023$99.58K

Institutional Ownership Analysis

Institutional ownership analysis with position momentum, 13F share flow, and ownership percentage trends.

Institutional Ownership Over Time for MSBI

Total dollar value invested by institutions each quarter

Bullish Signal

Institutions accumulating in Q1 2026

64.4% institutional ownership

Moderate accumulation: 91 adding vs 55 reducing

13F shares increased by 1.0%, a modest change

Momentum improving from prior quarter

Position Changes

Q2 2026: how are institutions adjusting their positions?

+10 growing-120 shrinkingNet: -110

111

New (3)

Increased (7)

Reduced (9)

Closed (111)

Top Institutional Holders, MSBI

Largest 8 institutional positions by ownership percentage as of Q2 2026

PRINCIPAL FINANCIAL GROUP INC

43.9K

$1.4M

Ownership

0.21%

+7.5%

MIDLAND WEALTH ADVISORS LLC

19.6K

$609.3K

Ownership

0.09%

No change

CITIGROUP INC

18.2K

$566.2K

Ownership

0.09%

-3.8%

VALEO FINANCIAL ADVISORS, LLC

16.7K

$520.5K

Ownership

0.08%

-11.9%

WEALTH ENHANCEMENT ADVISORY SERVICES, LLC

13.9K

$422.9K

Ownership

0.07%

+2.6%

BRUCKE FINANCIAL, INC.

11.7K

$363.2K

Ownership

0.05%

-0.7%

HENNION & WALSH ASSET MANAGEMENT, INC.

11.1K

$346.8K

Ownership

0.05%

-2.9%

SEQUOIA FINANCIAL ADVISORS, LLC

7.3K

$228.1K

Ownership

0.03%

+100.0%

ETF and Mutual Fund Holdings

ETF and mutual fund activity breakdown showing buying vs selling funds, top fund holders, and detailed holdings.

Fund Activity

Q2 2026: 78 ETFs and mutual funds reporting

16 buying17 sellingNet: -1

Buying (16)

Unchanged (45)

Selling (17)

Neutral

Mixed fund activity in Q2 2026

78 ETFs and mutual funds reporting

16 buying vs 17 selling (balanced)

Top Fund Holders, MSBI

Largest 8 ETF and mutual fund positions by shares held as of latest filing

iSHARES TRUST

789.9K

Weight

0.01%

No change

FIDELITY CONCORD STREET TRUST

196.5K

Weight

0.07%

Decreased

SCHWAB STRATEGIC TRUST

114.7K

Weight

0.04%

Decreased

COLUMBIA FUNDS SERIES TRUST I

90.6K

Weight

0.00%

Decreased

North Square Investments Trust

84.5K

Weight

0.14%

Increased

SEI INSTITUTIONAL INVESTMENTS TRUST

41.1K

Weight

0.00%

Increased

VANGUARD WORLD FUND

33.2K

Weight

0.01%

Decreased

FIDELITY COVINGTON TRUST

30.0K

Weight

0.13%

No change

Midland States Bancorp, Inc.· MSBI

Holdings Analysis

Insider Trading Activity

1.3Transaction History53Real market purchases and sales onlyShow All Types

Institutional Ownership Analysis

2.4Detailed Holdings51Most recent institutional positions with changes and valuations

ETF and Mutual Fund Holdings

3.3Fund Holdings Details25Most recent ETF and mutual fund holdings with share counts and weights

Search stocks

Holdings Analysis

Insider Trading Activity

1.3Transaction History53Real market purchases and sales onlyShow All Types

Institutional Ownership Analysis

2.4Detailed Holdings51Most recent institutional positions with changes and valuations

ETF and Mutual Fund Holdings

3.3Fund Holdings Details25Most recent ETF and mutual fund holdings with share counts and weights