Insider Buying: Roy A. Guthrie Buys 10,000 Shares of Synchrony Financial Stock (SYF)
Synchrony Financial (NYSE:SYF) Director Roy A. Guthrie acquired 10,000 shares of Synchrony Financial stock on the open market in a transaction that occurred on Thursday, July 31st. The stock was purchased at an average cost of $23.00 per share, with a total value of $230,000.00. The transaction was disclosed in a document filed with the SEC, which can be accessed through this link.
Separately, analysts at BTIG Research initiated coverage on shares of Synchrony Financial in a research note on Thursday. They set a “buy” rating and a $30.00 price target on the stock.
Shares of Synchrony Financial (NYSE:SYF) remained flat at $23.00 during during mid-day trading trading on Monday. 3,455,793 shares of the company’s stock traded hands. Synchrony Financial has a 1-year low of $22.60 and a 1-year high of $24.00. The stock’s 50-day moving average is $23. and its 200-day moving average is $23..
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