In a filing, Sysco Corp revealed its Former Officer Russell Neil acquired Company’s shares for reported $0.29 million on Mar 10 ’25. In the deal valued at $77.50 per share,3,795 shares were bought.
Then, Russell Neil bought 3,407 shares, generating $259,784 in total proceeds.
Before that, Russell Neil bought 50 shares. Sysco Corp shares valued at $3,591 were divested by the Former Officer at a price of $71.81 per share.
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 1.99% to $74.73. Over the last five days, the stock has lost -3.11%. Sysco Corp shares have fallen nearly -2.26% since the year began. Nevertheless, the stocks have fallen -7.19% over the past one year. While a 52-week high of $82.33 was reached on 03/10/25, a 52-week low of $69.03 was recorded on 02/18/25. SMA at 50 days reached $73.43, 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 73.54, which if violated will result in even more drops to 72.34. On the upside, there is a resistance level at 75.48. A further resistance level may holdings at 76.22. The Relative Strength Index (RSI) on the 14-day chart is 53.35, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -1.24, which suggests price will go down in the next trading period. Percent R suggests that price movement has been low at 60.32%. Stochastics %K at 20.41% indicates the stock is a holding.
How much short interest is there in Sysco Corp?
A steep rise in short interest was recorded in Sysco Corp stocks on 2025-02-28, dropping by -0.11 million shares to a total of 13.39 million shares. Yahoo Finance data shows the prior-month short interest on 2025-01-31 was 13.51 million shares. There was a decline of -0.85%, which implies that there is a negative sentiment for the stock.
