Investors can speculate about the future of a stock by watching how its insiders buy and sell stocks. Southern Company shares valued at $2,997,533 were sold by Greene Kimberly S, on Mar 10 ’25. At $93.12 per share, Greene Kimberly S, sold 32,190 shares. The insider’s holdings dropped to 106,819 shares worth approximately $9.57 million following the completion of this transaction.
Also, Greene Kimberly S, purchased 32,190 shares, netting a total of over 2,997,582 in proceeds.
Before that, WOMACK CHRISTOPHER C had sold 24,407 shares from its account. In a trade valued at $2,199,803, the Chairman, President & CEO traded Southern Company shares for $90.13 each. Upon closing the transaction, the insider’s holdings decreased to 24,407 shares, worth approximately $7.86 million.
As published in a research note from Guggenheim on January 23, 2025, Southern Company [SO] has been rated down from a Buy to a Neutral. Analysts at Jefferies started covering the stock with ‘”a Hold”‘ outlook in a report released in mid September. As of September 16, 2024, Mizuho has decreased its “an Outperform” rating to a “Neutral” for SO. Earlier on August 02, 2024, Wolfe Research downgraded its rating. Their new recommendation was “a Peer perform” for SO stock which previously was a “an Outperform”.
Analyzing SO Stock Performance
During the last five days, there has been a surge of approximately 1.03%. Over the course of the year, Southern Company shares have jumped approximately 8.88%. Shares of the company reached a 52-week high of $93.48 on 03/10/25 and a 52-week low of $80.46 on 01/06/25. A 50-day SMA is recorded $85.60, while a 200-day SMA reached $85.41.
Support And Resistance Levels for Southern Company (SO)
According to the 24-hour chart, there is a support level at 88.87, which, if violated, would cause prices to drop to 88.12. In the upper region, resistance lies at 90.19. The next price resistance is at 90.76. RSI (Relative Strength Index) is 54.81 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at -0.28, which suggests the price will decrease in the coming days. Percent R is at 60.25%, indicating low price movement. Stochastics %K at holding indicates that the stock is to be held.
