Synovus Financial Corp’s filing revealed that its EVP, Corp. & Inv. Banking Dierdorff Thomas T acquired Company’s shares for reported $92450.0 on Jan 28 ’25. In the deal valued at $55.03 per share,1,680 shares were bought. As a result of this transaction, Dierdorff Thomas T now holds 13,471 shares worth roughly $0.55 million.
Then, Dierdorff Thomas T sold 1,680 shares, generating $92,450 in total proceeds. Upon selling the shares at $55.03, the EVP, Corp. & Inv. Banking now owns 11,791 shares.
Before that, Dierdorff Thomas T bought 1,681 shares. Synovus Financial Corp shares valued at $92,442 were divested by the Officer at a price of $54.99 per share.
Raymond James downgraded its Synovus Financial Corp [SNV] rating to a Mkt perform from a an Outperform in a research note published recently. Deutsche Bank began covering SNV with “Buy” recommendation on December 09, 2024. Citigroup started covering the stock on October 10, 2024. It rated SNV as “a Buy”.
Price Performance Review of SNV
On Tuesday, Synovus Financial Corp [NYSE:SNV] saw its stock jump 2.27% to $40.96. Over the last five days, the stock has gained 7.03%. Synovus Financial Corp shares have fallen nearly -20.05% since the year began. Nevertheless, the stocks have risen 11.21% over the past one year. While a 52-week high of $59.92 was reached on 01/30/25, a 52-week low of $33.44 was recorded on 04/04/25. SMA at 50 days reached $48.23, while 200 days put it at $48.52.
Levels Of Support And Resistance For SNV Stock
The 24-hour chart illustrates a support level at 40.15, which if violated will result in even more drops to 39.34. On the upside, there is a resistance level at 41.65. A further resistance level may holdings at 42.34. The Relative Strength Index (RSI) on the 14-day chart is 40.86, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -2.03, which suggests price will go down in the next trading period. Percent R suggests that price movement has been low at 60.14%. Stochastics %K at 32.35% indicates the stock is a holding.
How much short interest is there in Synovus Financial Corp?
A steep rise in short interest was recorded in Synovus Financial Corp stocks on 2025-03-31, dropping by -0.68 million shares to a total of 3.58 million shares. Yahoo Finance data shows the prior-month short interest on 2025-02-28 was 4.27 million shares. There was a decline of -19.11%, which implies that there is a negative sentiment for the stock.
