tiprankstipranks
Trending News
More News >
Advertisement
Advertisement

Top Executives Make Bold Moves with Pinnacle Financial Partners Stock!

Top Executives Make Bold Moves with Pinnacle Financial Partners Stock!

New insider activity at Pinnacle Financial Partners ( (PNFP) ) has taken place on July 31, 2025.

Elevate Your Investing Strategy:

  • Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.

EVP & CFO Harold Carpenter has made a significant investment by purchasing 1,000 shares of Pinnacle Financial Partners stock, valued at $89,730. Additionally, Director Gregory Burns has acquired 174 shares, amounting to a purchase worth $15,908.

Recent Updates on PNFP stock

Pinnacle Financial Partners (PNFP) has recently announced a merger with Synovus Financial Corp. to form a new entity, Steel Newco Inc., which aims to enhance market positioning and shareholder value, particularly in the Southeast’s high-growth markets. This strategic move is expected to significantly boost earnings per share by 2027 and maintain strong community ties. Analysts have varied in their ratings, with some downgrading the stock due to uncertainties surrounding the merger, while others have raised price targets based on strong financial performance and growth prospects. Despite these positive developments, technical indicators suggest bearish momentum, posing a risk to the stock’s valuation.

Spark’s Take on PNFP Stock

According to Spark, TipRanks’ AI Analyst, PNFP is a Neutral.

Pinnacle Financial Partners shows strong financial health and a positive outlook from recent corporate developments, such as the merger with Synovus. However, technical indicators suggest bearish momentum, which weighs down the overall score. The earnings call reflects growth potential, but macroeconomic risks remain a concern. Valuation is fair, with modest income returns.

To see Spark’s full report on PNFP stock, click here.

More about Pinnacle Financial Partners

YTD Price Performance: -21.16%

Average Trading Volume: 740,893

Technical Sentiment Signal: Hold

Current Market Cap: $7.16B

Disclaimer & DisclosureReport an Issue

1