14 Most Expensive Stocks Insiders Are Buying In March

11. SouthState Corporation (NYSE:SSB)

Market Capitalization: $9.55 billion

SouthState Corporation is a bank holding company for SouthState Bank, offering a wide range of banking services to individuals and businesses across the United States. The Winter Haven, Florida-based company provides various deposit accounts, loans (including real estate, commercial, and consumer loans), credit and debit cards, treasury management, and wealth management services.

For the full year 2024, SouthState Corporation disclosed a net income of $534.78 million, compared to $494.31 million in the prior year. Adjusted net income per share was $7.25, compared to $6.90 in 2023.

This month, two insiders acquired a total of $1.79 million worth of SouthState shares at an average price of $75.75 per share. Currently, the stock trades at $94.16 per share, having declined 16.15% since the beginning of the year. However, over the past 12 months, SouthState shares returned 16.15% to its investors.

TipRanks reports that five analysts have given an average “Strong Buy” rating to SouthState stock with a price target of $156.73 per share. The average price target indicates a 66.42% upside from the latest price.

SouthState ranks among the 10 high growth financial stocks to invest in.