Southern Company’s filing revealed that its EVP & COO Connally Stan W unloaded Company’s shares for reported $1.15 million on Mar 31 ’25. In the deal valued at $92.24 per share,12,500 shares were sold. As a result of this transaction, Connally Stan W now holds 149,419 shares worth roughly $13.5 million.
Then, Connally Stan W bought 12,500 shares, generating $1,152,980 in total proceeds.
Before that, Greene Kimberly S, sold 32,190 shares. Southern Company shares valued at $2,997,533 were divested by the Chairman, President & CEO, GPC at a price of $93.12 per share. As a result of the transaction, Greene Kimberly S, now holds 106,819 shares, worth roughly $9.65 million.
JP Morgan upgraded its Southern Company [SO] rating to a Neutral from a an Underweight in a research note published recently. A number of analysts have revised their coverage, including Guggenheim’s analysts, who decreased its forecast for the stock in late January from “a Buy” to “a Neutral”. Jefferies began covering SO with “Hold” recommendation on September 20, 2024. Mizuho revised its rating on September 16, 2024. It rated SO as “a Neutral” which previously was an “an Outperform”.
Price Performance Review of SO
On Friday, Southern Company [NYSE:SO] saw its stock jump 0.04% to $90.35. Over the last five days, the stock has lost -0.77%. Southern Company shares have risen nearly 9.75% since the year began. Nevertheless, the stocks have risen 17.41% over the past one year. While a 52-week high of $94.45 was reached on 04/04/25, a 52-week low of $76.64 was recorded on 01/06/25. SMA at 50 days reached $90.31, while 200 days put it at $87.69.
Levels Of Support And Resistance For SO Stock
The 24-hour chart illustrates a support level at 89.98, which if violated will result in even more drops to 89.61. On the upside, there is a resistance level at 90.78. A further resistance level may holdings at 91.21. The Relative Strength Index (RSI) on the 14-day chart is 48.52, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -0.23, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 80.66%. Stochastics %K at 38.99% indicates the stock is a holding.
