In a filing, Southern Company revealed its Chairman, President & CEO, GPC Greene Kimberly S, unloaded 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 sold. As a result of this transaction, Greene Kimberly S, now holds 106,819 shares worth roughly $9.67 million.
Then, Greene Kimberly S, bought 32,190 shares, generating $2,997,582 in total proceeds.
Before that, WOMACK CHRISTOPHER C sold 24,407 shares. Southern Company shares valued at $2,199,803 were divested by the Chairman, President & CEO at a price of $90.13 per share. As a result of the transaction, WOMACK CHRISTOPHER C now holds 87,721 shares, worth roughly $7.94 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 0.18% to $90.54. Over the last five days, the stock has lost -2.60%. Southern Company shares have risen nearly 9.99% since the year began. Nevertheless, the stocks have risen 29.45% 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 $85.92, while 200 days put it at $85.54.
Levels Of Support And Resistance For SO Stock
The 24-hour chart illustrates a support level at 89.80, which if violated will result in even more drops to 89.06. On the upside, there is a resistance level at 91.34. A further resistance level may holdings at 92.15. The Relative Strength Index (RSI) on the 14-day chart is 57.43, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 0.28, which suggests price will go down in the next trading period. Percent R suggests that price movement has been low at 46.01%. Stochastics %K at 48.41% indicates the stock is a holding.
How much short interest is there in Southern Company?
A steep rise in short interest was recorded in Southern Company stocks on 2025-02-28, growing by 2.94 million shares to a total of 20.81 million shares. Yahoo Finance data shows the prior-month short interest on 2025-01-31 was 17.88 million shares. There was a rise of 14.12%, which implies that there is a positive sentiment for the stock.
