SouthState Corporation (SSB) may enjoy gains as insiders got busy in the recent days

SouthState Corporation’s recently made public 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 $0.45 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.

Jefferies initiated its SouthState Corporation [SSB] rating to a Buy in a research note published on May 21, 2025; the price target was $110. A number of analysts have revised their coverage, including Truist’s analysts, who began to cover the stock in mid May with a ‘”a Buy”‘ rating. Raymond James also remained covering SSB and has increased its forecast on April 02, 2025 with a “Strong buy” recommendation from previously “an Outperform” rating. Barclays started covering the stock on April 01, 2025. It rated SSB as “an Overweight”.

Price Performance Review of SSB

On Tuesday, SouthState Corporation [NYSE:SSB] saw its stock jump 0.78% to $96.69. Over the last five days, the stock has gained 5.06%. SouthState Corporation shares have risen nearly 27.19% since the year began. Nevertheless, the stocks have fallen -2.80% over the past one year. While a 52-week high of $114.26 was reached on 01/29/25, a 52-week low of $74.69 was recorded on 04/07/25.

Levels Of Support And Resistance For SSB Stock

The 24-hour chart illustrates a support level at 95.91, which if violated will result in even more drops to 95.12. On the upside, there is a resistance level at 97.52. A further resistance level may holdings at 98.35.

How much short interest is there in SouthState Corporation?

A steep rise in short interest was recorded in SouthState Corporation stocks on 2025-06-13, growing by 36568.0 shares to a total of 5.04 million shares. Yahoo Finance data shows the prior-month short interest on 2025-05-15 was 5.01 million shares. There was a rise of 0.73%, which implies that there is a positive sentiment for the stock.

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