Investors can speculate about the future of a stock by watching how its insiders buy and sell stocks. Synovus Financial Corp shares valued at $92,450 were purchased by Dierdorff Thomas T on Jan 28 ’25. At $55.03 per share, Dierdorff Thomas T acquired 1,680 shares. The insider’s holdings grew to 13,471 shares worth approximately $0.65 million following the completion of this transaction.
Also, Dierdorff Thomas T sold 1,680 shares, netting a total of over 92,450 in proceeds. Following the sale of shares at $55.03 each, the insider now holds 11,791 shares.
Before that, Dierdorff Thomas T had added 1,681 shares to its account. In a trade valued at $92,442, the Officer bought Synovus Financial Corp shares for $54.99 each.
As published in their initiating research note from Jefferies on May 21, 2025, Synovus Financial Corp [SNV] has been a Hold and the price target has been revised to $55. Analysts at Raymond James downgraded the stock from ‘”an Outperform”‘ to ‘”a Mkt perform”‘ outlook in a report released in early April. Earlier on December 09, 2024, Deutsche Bank initiated its rating. Their recommendation was “a Buy” for SNV stock.
Analyzing SNV Stock Performance
During the last five days, there has been a surge of approximately 2.41%. Over the course of the year, Synovus Financial Corp shares have dropped approximately -6.17%. Shares of the company reached a 52-week high of $57.22 on 01/30/25 and a 52-week low of $35.94 on 04/04/25.
Support And Resistance Levels for Synovus Financial Corp (SNV)
According to the 24-hour chart, there is a support level at 47.59, which, if violated, would cause prices to drop to 47.11. In the upper region, resistance lies at 48.32. The next price resistance is at 48.57. RSI (Relative Strength Index) is 56.99 on the 14-day chart, showing neutral technical sentiment.
