The fact that multiple Synovus Financial Corp. (NYSE:SNV) insiders offloaded a considerable amount of shares over the past year could have raised some eyebrows amongst investors. When evaluating insider transactions, knowing whether insiders are buying versus if they selling is usually more beneficial, as the latter can be open to many interpretations. However, shareholders should take a deeper look if several insiders are selling stock over a specific time period.
While insider transactions are not the most important thing when it comes to long-term investing, logic dictates you should pay some attention to whether insiders are buying or selling shares.
The Last 12 Months Of Insider Transactions At Synovus Financial
The Executive VP & General Counsel, Allan Kamensky, made the biggest insider sale in the last 12 months. That single transaction was for US$676k worth of shares at a price of US$35.01 each. So we know that an insider sold shares at around the present share price of US$34.91. While insider selling is a negative, to us, it is more negative if the shares are sold at a lower price. In this case, the big sale took place at around the current price, so it's not too bad (but it's still not a positive).
Happily, we note that in the last year insiders paid US$490k for 17.75k shares. On the other hand they divested 30.83k shares, for US$1.1m. In total, Synovus Financial insiders sold more than they bought over the last year. The chart below shows insider transactions (by companies and individuals) over the last year. By clicking on the graph below, you can see the precise details of each insider transaction!
NYSE:SNV Insider Trading Volume April 21st 2024
If you are like me, then you will not want to miss this free list of growing companies that insiders are buying.
Insiders At Synovus Financial Have Sold Stock Recently
The last quarter saw substantial insider selling of Synovus Financial shares. In total, insiders dumped US$438k worth of shares in that time, and we didn't record any purchases whatsoever. In light of this it's hard to argue that all the insiders think that the shares are a bargain.
Does Synovus Financial Boast High Insider Ownership?
Another way to test the alignment between the leaders of a company and other shareholders is to look at how many shares they own. We usually like to see fairly high levels of insider ownership. Insiders own 1.3% of Synovus Financial shares, worth about US$65m. While this is a strong but not outstanding level of insider ownership, it's enough to indicate some alignment between management and smaller shareholders.
What Might The Insider Transactions At Synovus Financial Tell Us?
Insiders haven't bought Synovus Financial stock in the last three months, but there was some selling. And our longer term analysis of insider transactions didn't bring confidence, either. Insider ownership isn't particularly high, so this analysis makes us cautious about the company. We'd practice some caution before buying! So these insider transactions can help us build a thesis about the stock, but it's also worthwhile knowing the risks facing this company. For example - Synovus Financial has 2 warning signs we think you should be aware of.
But note: Synovus Financial may not be the best stock to buy. So take a peek at this free list of interesting companies with high ROE and low debt.
For the purposes of this article, insiders are those individuals who report their transactions to the relevant regulatory body. We currently account for open market transactions and private dispositions of direct interests only, but not derivative transactions or indirect interests.
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This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.
Synovus Financial Corp.(紐約證券交易所股票代碼:SNV)的多位內部人士在過去一年中拋售了大量股票,這一事實可能引起了投資者的一些關注。在評估內幕交易時,了解內部人士是買入還是賣出通常更有利,因爲後者可能有多種解釋。但是,股東應更深入地研究是否有幾位內部人士在特定時間段內出售股票。
儘管內幕交易並不是長期投資中最重要的事情,但邏輯表明,你應該注意內部人士是在買入還是賣出股票。
Synovus Financial 過去 12 個月的內幕交易
執行副總裁兼總法律顧問艾倫·卡門斯基進行了過去12個月中最大規模的內幕出售。這筆單筆交易是價值67.6萬美元的股票,每股價格爲35.01美元。因此,我們知道一位內部人士以目前的34.91美元左右的股價出售了股票。儘管內幕拋售是負面的,但對我們來說,如果以較低的價格出售股票,則負面影響更大。在這種情況下,大甩賣是在當前價格左右進行的,因此還不錯(但仍然不是積極的)。
令人高興的是,我們注意到,去年內部人士支付了49萬美元購買了17.75萬股股票。另一方面,他們以110萬美元的價格剝離了30.83萬股股票。總的來說,Synovus Financial內部人士的銷售量超過了去年的買入量。下圖顯示了去年的內幕交易(公司和個人)。通過點擊下面的圖表,你可以看到每筆內幕交易的確切細節!
紐約證券交易所:SNV 內幕交易量 2024 年 4 月 21 日
如果你像我一樣,那麼你不會想錯過這份業內人士正在收購的成長型公司的免費名單。
Synovus Financial的內部人士最近出售了股票
上個季度,Synovus Financial的股票遭到大量內幕拋售。在此期間,內部人士總共拋售了價值43.8萬美元的股票,我們沒有記錄任何購買記錄。有鑑於此,很難說所有內部人士都認爲股票很划算。
Synovus Financial是否擁有較高的內部所有權?
測試公司領導者與其他股東之間一致性的另一種方法是查看他們擁有多少股份。我們通常希望看到相當高的內部所有權水平。內部人士擁有Synovus Financial1.3%的股份,價值約6500萬美元。儘管這是一個強勁但並不突出的內部所有權水平,但這足以表明管理層與小型股東之間有一定的一致性。
Synovus Financial的內幕交易能告訴我們什麼?
內部人士在過去三個月中沒有購買過Synovus Financial的股票,但出現了一些拋售。而且,我們對內幕交易的長期分析也沒有帶來信心。內部所有權並不是特別高,因此這種分析使我們對公司持謹慎態度。購買前我們會謹慎行事!因此,這些內幕交易可以幫助我們建立有關股票的論點,但也值得了解這家公司面臨的風險。例如,Synovus Financial有兩個警告信號,我們認爲你應該注意。
但請注意:Synovus Financial可能不是最值得購買的股票。因此,來看看這份投資回報率高、債務低的有趣公司的免費清單。
就本文而言,內部人士是指向相關監管機構報告其交易的個人。我們目前只考慮公開市場交易和私下處置的直接利益,不包括衍生品交易或間接權益。
對這篇文章有反饋嗎?對內容感到擔憂嗎?請直接聯繫我們。或者,也可以發送電子郵件至編輯團隊 (at) simplywallst.com。
Simply Wall St的這篇文章本質上是籠統的。我們僅使用公正的方法根據歷史數據和分析師的預測提供評論,我們的文章無意作爲財務建議。它不構成買入或賣出任何股票的建議,也沒有考慮到您的目標或財務狀況。我們的目標是爲您提供由基本數據驅動的長期重點分析。請注意,我們的分析可能不考慮最新的價格敏感型公司公告或定性材料。簡而言之,華爾街沒有持有任何上述股票的頭寸。