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Director Gregory L. Burns of Pinnacle Financial Partners Inc (NASDAQ:PNFP), a $7.1 billion regional bank trading at 12.15x earnings, acquired 652 shares of the company’s common stock on August 15, 2025, according to a Form 4 filing with the Securities and Exchange Commission. The shares were purchased at $92.50, totaling approximately $60,310. InvestingPro analysis indicates the stock is currently undervalued, with 10 analysts recently revising earnings estimates upward.
The bank has maintained dividend payments for 13 consecutive years, demonstrating consistent shareholder returns. Following the transaction, Burns directly owns 21,384 shares of Pinnacle Financial Partners. Additionally, he indirectly owns 174 shares through a Spouse IRA. For deeper insights into insider trading patterns and comprehensive analysis, visit InvestingPro, where you’ll find the detailed Pro Research Report covering PNFP among 1,400+ US stocks.
In other recent news, Pinnacle Financial Partners has been the focus of several analyst updates and ratings revisions. Fitch Ratings has affirmed Pinnacle’s issuer default ratings at ’BBB’ and ’F3’, though it revised the outlook to negative following the company’s announcement of its acquisition of Synovus Financial Corp, expected to close in early 2026. Keefe, Bruyette & Woods (KBW) lowered its price target for Pinnacle to $95, citing integration risks with the Synovus merger, despite raising earnings estimates for the combined entity. Stephens also adjusted its price target to $104, reflecting concerns over the acquisition, and downgraded the stock from Overweight to Equal Weight. Citi, however, raised its price target to $140, maintaining a Buy rating due to Pinnacle’s strong loan growth and promising hiring trends expected to boost growth through 2026. These developments underscore varying analyst perspectives on Pinnacle’s strategic moves and financial outlook.
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