Southern Company’s filing revealed that its Officer Greene Kimberly S, acquired Company’s shares for reported $3.0 million on Mar 10 ’25. In the deal valued at $93.12 per share,32,190 shares were bought.
Then, WOMACK CHRISTOPHER C sold 24,407 shares, generating $2,199,803 in total proceeds. Upon selling the shares at $90.13, the Chairman, President & CEO now owns 87,721 shares.
Before that, DAVIS MARTIN BERNARD sold 1,125 shares. Southern Company shares valued at $100,811 were divested by the EVP & CIO at a price of $89.61 per share. As a result of the transaction, DAVIS MARTIN BERNARD now holds 102,090 shares, worth roughly $9.49 million.
Guggenheim downgraded its Southern Company [SO] rating to a Neutral from a a Buy in a research note published recently. A number of analysts have revised their coverage, including Jefferies’s analysts, who began to cover the stock in mid September with a ‘”a Hold”‘ rating. Mizuho also remained covering SO and has decreased its forecast on September 16, 2024 with a “Neutral” recommendation from previously “an Outperform” rating. Wolfe Research revised its rating on August 02, 2024. It rated SO as “a Peer perform” which previously was an “an Outperform”.
Price Performance Review of SO
On Monday, Southern Company [NYSE:SO] saw its stock jump 1.71% to $92.96. Over the last five days, the stock has gained 2.32%. Southern Company shares have risen nearly 12.93% since the year began. Nevertheless, the stocks have risen 35.55% over the past one year. While a 52-week high of $94.45 was reached on 03/10/25, a 52-week low of $67.53 was recorded on 01/06/25. SMA at 50 days reached $85.21, while 200 days put it at $85.25.
Levels Of Support And Resistance For SO Stock
The 24-hour chart illustrates a support level at 91.61, which if violated will result in even more drops to 90.27. On the upside, there is a resistance level at 93.89. A further resistance level may holdings at 94.83. The Relative Strength Index (RSI) on the 14-day chart is 69.27, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 1.69, which suggests price will go up in the next trading period. Percent R suggests that price movement has been bullish at 5.79%. Stochastics %K at 78.74% indicates the stock is a holding.
