Investors can expect a company’s stock to rise or fall based on the buying and selling of stock by its insiders. Sysco Corp shares valued at $294,112 were purchased by Russell Neil on Mar 10 ’25. At $77.50 per share, Russell Neil acquired 3,795 shares.
Also, Russell Neil purchased 3,407 shares, netting a total of over 259,784 in proceeds.
Before that, Russell Neil had added 50 shares to its account. In a trade valued at $3,591, the Former Officer bought Sysco Corp shares for $71.81 each.
As published in their initiating research note from Melius on December 18, 2024, Sysco Corp [SYY] has been a Hold and the price target has been revised to $85. Analysts at Guggenheim upgraded the stock from ‘”a Neutral”‘ to ‘”a Buy”‘ outlook in a report released in late May. Earlier on October 19, 2023, Deutsche Bank initiated its rating. Their recommendation was “a Buy” for SYY stock.
Analyzing SYY Stock Performance
During the last five days, there has been a drop of approximately -3.24%. Over the course of the year, Sysco Corp shares have dropped approximately -4.97%. Shares of the company reached a 52-week high of $78.82 on 03/10/25 and a 52-week low of $69.78 on 02/18/25. A 50-day SMA is recorded $73.52, while a 200-day SMA reached $74.86.
Support And Resistance Levels for Sysco Corp (SYY)
According to the 24-hour chart, there is a support level at 72.13, which, if violated, would cause prices to drop to 71.59. In the upper region, resistance lies at 73.51. The next price resistance is at 74.36. RSI (Relative Strength Index) is 44.39 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at -1.19, which suggests the price will decrease in the coming days. Percent R is at 96.60%, indicating bearish price movement. Stochastics %K at holding indicates that the stock is to be held.
