U.S. Bancorp.’s recently made public that its Officer Richard Jodi L acquired Company’s shares for reported $1.23 million on Oct 18 ’24. In the deal valued at $49.03 per share,25,000 shares were bought.
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
Then, Kotwal Shailesh M bought 35,000 shares, generating $1,741,037 in total proceeds.
Before that, Gillani Aleem bought 10,000 shares. U.S. Bancorp. shares valued at $449,900 were divested by the Director at a price of $44.99 per share. As a result of the transaction, Gillani Aleem now holds 10,000 shares, worth roughly $0.49 million.
Morgan Stanley upgraded its U.S. Bancorp. [USB] rating to an Overweight from a an Equal-weight in a research note published on September 30, 2024; the price target was increased to $57 from $54. A number of analysts have revised their coverage, including JP Morgan’s analysts, who decreased its forecast for the stock in late June from “an Overweight” to “a Neutral”. Keefe Bruyette also remained covering USB and has decreased its forecast on April 18, 2024 with a “Mkt perform” recommendation from previously “an Outperform” rating. HSBC Securities revised its rating on March 28, 2024. It rated USB as “a Buy” which previously was an “a Hold”.
Price Performance Review of USB
On Friday, U.S. Bancorp. [NYSE:USB] saw its stock fall -1.62% to $49.16. Over the last five days, the stock has gained 6.27%. U.S. Bancorp. shares have risen nearly 13.59% since the year began. Nevertheless, the stocks have risen 47.32% over the past one year. While a 52-week high of $50.47 was reached on 10/17/24, a 52-week low of $30.47 was recorded on 06/11/24. SMA at 50 days reached $45.14, while 200 days put it at $42.54.
Levels Of Support And Resistance For USB Stock
The 24-hour chart illustrates a support level at 48.69, which if violated will result in even more drops to 48.23. On the upside, there is a resistance level at 49.89. A further resistance level may holdings at 50.62. The Relative Strength Index (RSI) on the 14-day chart is 67.87, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 3.38, which suggests price will go up in the next trading period. Percent R suggests that price movement has been bullish at 18.63%. Stochastics %K at 86.92% indicates the stock is a selling.
How much short interest is there in U.S. Bancorp.?
A steep rise in short interest was recorded in U.S. Bancorp. stocks on 2024-09-30, growing by 2.02 million shares to a total of 19.45 million shares. Yahoo Finance data shows the prior-month short interest on 2024-08-30 was 17.42 million shares. There was a rise of 10.39%, which implies that there is a positive sentiment for the stock.
