In a filing, M & T Bank Corp revealed its Vice Chairman GEISEL GARY N unloaded Company’s shares for reported $0.54 million on Dec 03 ’24. In the deal valued at $215.89 per share,2,490 shares were sold. As a result of this transaction, GEISEL GARY N now holds 0 shares worth roughly $0.0.
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, GEISEL GARY N bought 2,490 shares, generating $532,860 in total proceeds.
Before that, Woodrow Tracy S. sold 2,121 shares. M & T Bank Corp shares valued at $468,200 were divested by the Sr. Executive Vice President at a price of $220.75 per share. As a result of the transaction, Woodrow Tracy S. now holds 5,141 shares, worth roughly $1.03 million.
JP Morgan downgraded its M & T Bank Corp [MTB] rating to a Neutral from a an Overweight in a research note published on December 04, 2024; the price target was increased to $223.50 from $215. A number of analysts have revised their coverage, including Citigroup’s analysts, who decreased its forecast for the stock in late November from “a Buy” to “a Neutral”. Wolfe Research also remained covering MTB and has increased its forecast on October 04, 2024 with a “an Outperform” recommendation from previously “Peer perform” rating. Evercore ISI revised its rating on October 02, 2024. It rated MTB as “an Outperform” which previously was an “an In-line”.
Price Performance Review of MTB
On Monday, M & T Bank Corp [NYSE:MTB] saw its stock jump 0.22% to $199.72. Over the last five days, the stock has lost -3.39%. M & T Bank Corp shares have risen nearly 45.70% since the year began. Nevertheless, the stocks have risen 37.68% over the past one year. While a 52-week high of $225.70 was reached on 11/25/24, a 52-week low of $128.31 was recorded on 02/07/24. SMA at 50 days reached $202.63, while 200 days put it at $166.76.
Levels Of Support And Resistance For MTB Stock
The 24-hour chart illustrates a support level at 198.28, which if violated will result in even more drops to 196.85. On the upside, there is a resistance level at 200.78. A further resistance level may holdings at 201.84. The Relative Strength Index (RSI) on the 14-day chart is 36.54, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -10.47, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 90.94%. Stochastics %K at 6.40% indicates the stock is a buying.
How much short interest is there in M & T Bank Corp?
A steep rise in short interest was recorded in M & T Bank Corp stocks on 2024-11-29, growing by 0.97 million shares to a total of 4.34 million shares. Yahoo Finance data shows the prior-month short interest on 2024-10-31 was 3.37 million shares. There was a rise of 22.33%, which implies that there is a positive sentiment for the stock.
