Synchrony Financial’s filing revealed that its insider DOUBLES BRIAN D unloaded Company’s shares for reported $8.94 million on Feb 28 ’25. In the deal valued at $60.09 per share,148,747 shares were sold. As a result of this transaction, DOUBLES BRIAN D now holds 677,421 shares worth roughly $31.25 million.
Then, Casellas Alberto sold 58,026 shares, generating $3,482,140 in total proceeds. Upon selling the shares at $60.01, the insider now owns 56,462 shares.
Before that, Wenzel Brian J. Sr. sold 62,702 shares. Synchrony Financial shares valued at $3,762,747 were divested by the insider at a price of $60.01 per share. As a result of the transaction, Wenzel Brian J. Sr. now holds 68,249 shares, worth roughly $3.15 million.
Morgan Stanley downgraded its Synchrony Financial [SYF] rating to an Equal-weight from a an Overweight in a research note published recently. A number of analysts have revised their coverage, including Compass Point’s analysts, who decreased its forecast for the stock in late January from “a Buy” to “a Neutral”. Barclays also remained covering SYF and has increased its forecast on January 06, 2025 with a “an Overweight” recommendation from previously “an Equal weight” rating. Morgan Stanley revised its rating on December 19, 2024. It rated SYF as “an Overweight” which previously was an “an Underweight”.
Price Performance Review of SYF
On Friday, Synchrony Financial [NYSE:SYF] saw its stock fall -1.07% to $46.13. Over the last five days, the stock has gained 5.30%. Synchrony Financial shares have fallen nearly -29.03% since the year began. Nevertheless, the stocks have risen 11.32% over the past one year. While a 52-week high of $70.93 was reached on 01/23/25, a 52-week low of $39.67 was recorded on 04/07/25. SMA at 50 days reached $57.08, while 200 days put it at $56.46.
Levels Of Support And Resistance For SYF Stock
The 24-hour chart illustrates a support level at 44.89, which if violated will result in even more drops to 43.65. On the upside, there is a resistance level at 46.91. A further resistance level may holdings at 47.69. The Relative Strength Index (RSI) on the 14-day chart is 38.44, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -2.33, which suggests price will go down in the next trading period. Percent R suggests that price movement has been low at 65.13%. Stochastics %K at 44.97% indicates the stock is a holding.
How much short interest is there in Synchrony Financial?
A steep rise in short interest was recorded in Synchrony Financial stocks on 2025-03-31, dropping by -2.19 million shares to a total of 12.34 million shares. Yahoo Finance data shows the prior-month short interest on 2025-02-28 was 14.54 million shares. There was a decline of -17.78%, which implies that there is a negative sentiment for the stock.
