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synchrony financial insider trades and institutional investor activity reported

Synchrony Financial's stock was sold at an average price of $55.13, totaling $1,209,221.42, resulting in an 18.03% decrease in insider holdings. Large investors have increased their stakes, with hedge funds owning 96.48% of the company. Analysts maintain a "Moderate Buy" rating, with price targets ranging from $58.00 to $72.00, while the stock recently traded at $63.89.

synchrony financial reports strong earnings but analysts favor other stocks

Synchrony Financial reported a strong quarterly performance with earnings per share of $1.94, exceeding estimates, and a revenue of $3.81 billion, up 9.8% year-over-year. The company announced a quarterly dividend of $0.25, yielding 1.48%, while insiders recently sold shares, indicating a decrease in their ownership. Analysts maintain a "Moderate Buy" rating, but other stocks are currently favored for investment.
11:22 30.11.2024
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