SouthState Corporation’s recent filing unveils that its Director Froetscher Janet P acquired Company’s shares for reported $0.25 million on Mar 10 ’25. In the deal valued at $92.02 per share,2,717 shares were bought. As a result of this transaction, Froetscher Janet P now holds 4,689 shares worth roughly $0.41 million.
Then, SMITH G STACY bought 3,100 shares, generating $290,160 in total proceeds. Upon buying the shares at $93.60, the Director now owns 36,779 shares.
Before that, Hobbs Michael B bought 7,399 shares. SouthState Corporation shares valued at $685,813 were divested by the Officer at a price of $92.69 per share.
Raymond James upgraded its SouthState Corporation [SSB] rating to a Strong buy from a an Outperform in a research note published on April 02, 2025; the price target was decreased to $115 from $120. A number of analysts have revised their coverage, including Barclays’s analysts, who began to cover the stock in early April with a ‘”an Overweight”‘ rating. Citigroup also remained covering SSB and has increased its forecast on January 27, 2025 with a “Buy” recommendation from previously “Neutral” rating.
Price Performance Review of SSB
On Tuesday, SouthState Corporation [NYSE:SSB] saw its stock fall -1.24% to $88.14. Over the last five days, the stock has gained 0.55%. SouthState Corporation shares have fallen nearly -11.40% since the year began. Nevertheless, the stocks have risen 12.64% over the past one year. While a 52-week high of $114.26 was reached on 01/29/25, a 52-week low of $70.68 was recorded on 04/07/25. SMA at 50 days reached $90.15, while 200 days put it at $97.27.
Levels Of Support And Resistance For SSB Stock
The 24-hour chart illustrates a support level at 87.37, which if violated will result in even more drops to 86.60. On the upside, there is a resistance level at 88.86. A further resistance level may holdings at 89.59. The Relative Strength Index (RSI) on the 14-day chart is 50.15, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 1.66, which suggests price will go up in the next trading period. Percent R suggests that price movement has been low at 40.19%. Stochastics %K at 69.90% indicates the stock is a holding.
