In a filing, Sysco Corp revealed its Former Officer Russell Neil acquired Company’s shares for reported $3591.0 on Feb 13 ’25. In the deal valued at $71.81 per share,50 shares were bought.
Then, Russell Neil bought 8,508 shares, generating $624,658 in total proceeds.
Before that, Bertrand Greg D sold 48,027 shares. Sysco Corp shares valued at $3,698,079 were divested by the EVP at a price of $77.00 per share. As a result of the transaction, Bertrand Greg D now holds 56,304 shares, worth roughly $4.26 million.
Melius initiated its Sysco Corp [SYY] rating to a Hold in a research note published on December 18, 2024; the price target was $85. A number of analysts have revised their coverage, including Guggenheim’s analysts, who increased its forecast for the stock in late May from “a Neutral” to “a Buy”. Deutsche Bank started covering the stock on October 19, 2023. It rated SYY as “a Buy”.
Price Performance Review of SYY
On Monday, Sysco Corp [NYSE:SYY] saw its stock jump 0.20% to $75.69. Over the last five days, the stock has gained 2.77%. Sysco Corp shares have fallen nearly -1.01% since the year began. Nevertheless, the stocks have fallen -6.17% over the past one year. While a 52-week high of $82.33 was reached on 01/02/25, a 52-week low of $69.03 was recorded on 02/18/25. SMA at 50 days reached $73.89, while 200 days put it at $74.87.
Levels Of Support And Resistance For SYY Stock
The 24-hour chart illustrates a support level at 75.19, which if violated will result in even more drops to 74.69. On the upside, there is a resistance level at 76.37. A further resistance level may holdings at 77.05. The Relative Strength Index (RSI) on the 14-day chart is 63.26, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 2.67, which suggests price will go up in the next trading period. Percent R suggests that price movement has been bullish at 12.70%. Stochastics %K at 90.57% indicates the stock is a selling.
