EVP/Chief Risk Officer Creson Shellie buys 1,000 SNV shares at $47.79; 5-insider cluster buy in past 14 days.
Creson Shellie, EVP and Chief Risk Officer of Synovus Financial, purchased 1,000 shares at $47.79 on 2025-08-05, increasing his holdings to 27,258 shares. His prior buy at SNV in May 2023 generated a 90-day return of +18.6%, demonstrating well-timed entry on the prior occasion. The current purchase occurs at a price 19.9% below the 52-week high of $59.60, reflecting recent weakness; the stock is down 12.5% over the past 30 days. Most significantly, this buy is part of a 5-insider cluster pattern within the past 14 days, suggesting coordinated or synchronized conviction among multiple executives despite the stock's recent decline. The company maintains strong profitability with $217.7M in net income on $251.0M quarterly revenue, though annual revenue contracted 15.6% year-over-year and the P/E of 8.45 reflects depressed market sentiment.