In a filing, Synchrony Financial revealed its insider MOTHNER JONATHAN S unloaded Company’s shares for reported $2.22 million on Nov 15 ’24. In the deal valued at $64.99 per share,34,163 shares were sold. As a result of this transaction, MOTHNER JONATHAN S now holds 127,587 shares worth roughly $7.84 million.
Then, MOTHNER JONATHAN S bought 34,163 shares, generating $2,220,253 in total proceeds.
Before that, Howse Curtis sold 21,934 shares. Synchrony Financial shares valued at $1,209,221 were divested by the insider at a price of $55.13 per share. As a result of the transaction, Howse Curtis now holds 99,743 shares, worth roughly $6.13 million.
Compass Point downgraded its Synchrony Financial [SYF] rating to a Neutral from a a Buy in a research note published recently. A number of analysts have revised their coverage, including Barclays’s analysts, who increased its forecast for the stock in early January from “an Equal weight” to “an Overweight”. Morgan Stanley also remained covering SYF and has increased its forecast on December 19, 2024 with a “an Overweight” recommendation from previously “an Underweight” rating. JP Morgan revised its rating on December 09, 2024. It rated SYF as “an Overweight” which previously was an “a Neutral”.
Price Performance Review of SYF
On Friday, Synchrony Financial [NYSE:SYF] saw its stock fall -3.82% to $61.41. Over the last five days, the stock has lost -4.17%. Synchrony Financial shares have fallen nearly -5.52% since the year began. Nevertheless, the stocks have risen 51.70% over the past one year. While a 52-week high of $70.93 was reached on 01/23/25, a 52-week low of $39.35 was recorded on 02/21/25. SMA at 50 days reached $66.74, while 200 days put it at $54.81.
Levels Of Support And Resistance For SYF Stock
The 24-hour chart illustrates a support level at 60.17, which if violated will result in even more drops to 58.93. On the upside, there is a resistance level at 63.50. A further resistance level may holdings at 65.59. The Relative Strength Index (RSI) on the 14-day chart is 33.47, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -1.90, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 95.28%. Stochastics %K at 18.08% indicates the stock is a buying.
