Insider Buying: Synchrony Financial Insider Acquires 1,000 Shares of Stock (SYF)
Synchrony Financial (NYSE:SYF) Insider Thomas M. Quindlen bought 1,000 shares of the stock on the open market in a transaction dated Thursday, July 31st. The stock was purchased at an average price of $23.00 per share, for a total transaction of $23,000.00. Following the completion of the transaction, the insider now directly owns 115,892 shares in the company, valued at approximately $2,665,516. The purchase was disclosed in a legal filing with the SEC, which can be accessed through this link.
Synchrony Financial (NYSE:SYF) remained flat at $23.00 during during mid-day trading trading on Monday. The stock had a trading volume of 3,455,793 shares. Synchrony Financial has a one year low of $22.60 and a one year high of $24.00. The stock’s 50-day moving average is $23. and its 200-day moving average is $23..
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.
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