SNV CEO Blair Kevin S. purchases 4,040 shares at $49.40; shares now at $49.10. Cluster buy pattern: 2 other insiders bought within 14 days.
Kevin S. Blair, the President and CEO, purchased 4,040 shares at $49.40 on 2025-07-29, expanding his holdings from 160,338 to 164,378 shares. The current price of $49.10 is 17.6% below the 52-week high of $59.60, positioning this purchase in a depressed window relative to recent trading range. Notably, this purchase occurs within a broader insider cluster pattern—two other insiders also acquired shares within the past 14 days—suggesting coordinated or contemporaneous conviction among leadership. The CEO's track record across all open-market buys shows an average 90-day return of +25.6% with a 100% win rate, and his single prior purchase of SNV stock on 2023-05-04 delivered +25.6% over 90 days, indicating a pattern of well-timed acquisition entry points. The company's fundamentals show a P/E of 12.34 against a market cap of $6.8B, though annual revenue growth has declined 15.6% year-over-year.