Insider Trading Alert - SNV, NOR And PRXL Traded By Insiders

Editor's Note: Any reference to TheStreet Ratings and its underlying recommendation does not reflect the opinion of TheStreet, Inc. or any of its contributors including Jim Cramer.

Yesterday, May 18, 2015, 93 U.S. common stocks issued filings of shares being bought or sold by insiders. The transactions ranged in value from $500.00 to $575,784,180.28.

Highlighted Stocks Traded by Insiders:

Synovus Financial (SNV) - FREE Research Report

Perry Curtis J, who is EVP& Chief Corp Banking Office at Synovus Financial, sold 7,600 shares at $28.45 on May 18, 2015. Following this transaction, the EVP& Chief Corp Banking Office owned 58,585 shares meaning that the stake was reduced by 11.48% with the 7,600-share transaction.

The shares most recently traded at $29.29, up $0.84, or 2.87% since the insider transaction. Historical insider transactions for Synovus Financial go as follows:

  • 4-Week # shares bought: 5,654
  • 4-Week # shares sold: 1,000
  • 12-Week # shares bought: 5,654
  • 12-Week # shares sold: 1,000
  • 24-Week # shares bought: 5,654
  • 24-Week # shares sold: 6,400

The average volume for Synovus Financial has been 985,600 shares per day over the past 30 days. Synovus Financial has a market cap of $3.8 billion and is part of the financial sector and banking industry. Shares are up 7.09% year-to-date as of the close of trading on Monday.

Synovus Financial Corporation operates as the bank holding company for Synovus Bank that provides various financial products and services. It offers integrated financial services, including commercial and retail banking, financial management, insurance, and mortgage services. The stock currently has a dividend yield of 1.41%. The company has a P/E ratio of 20.6. Currently, there are 5 analysts who rate Synovus Financial a buy, 2 analysts rate it a sell, and 5 rate it a hold.

Exclusive Offer: Get the latest Stock Analysis on SNV - FREE

TheStreet Quant Ratings rates Synovus Financial as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, growth in earnings per share, increase in net income, expanding profit margins and solid stock price performance. We feel its strengths outweigh the fact that the company shows weak operating cash flow. Get the full Synovus Financial Ratings Report from TheStreet Quant Ratings now.

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