Director Bentsen buys 1,074 shares of SNV at $46.44; 4 other insiders also bought within 14 days as stock down 21.2% from 52-week high.
Director Bentsen Tim E purchased 1,074 shares at $46.44, increasing his holdings to 41,172 shares, in a transaction valued at $49,876.56. This purchase occurs as part of a broader cluster pattern: 4 other insiders also acquired shares within the past 14 days. The stock trades 21.2% below its 52-week high of $59.60 and has declined 14.8% over the past 30 days, though it has recovered 5.2% over 90 days. SNV's recent financial performance shows revenue of $251,030,000.00 in the latest quarter and net income of $195,014,000.00, though annual revenue growth was -15.6% year-over-year. The convergence of multiple insider purchases during a period of elevated drawdown from highs and declining near-term performance warrants examination of whether insiders view current valuations as attractive relative to fundamentals.