Investors can expect a company’s stock to rise or fall based on the buying and selling of stock by its insiders. U.S. Bancorp shares valued at $151,144 were sold by Stark Lisa R on Feb 03 ’25. At $47.10 per share, Stark Lisa R sold 3,209 shares. The insider’s holdings dropped to 48,710 shares worth approximately $2.31 million following the completion of this transaction.
Also, DOLAN TERRANCE R sold 66,317 shares, netting a total of over 3,114,114 in proceeds. Following the sale of shares at $46.96 each, the insider now holds 209,482 shares.
Before that, CECERE ANDREW had sold 102,044 shares from its account. In a trade valued at $4,821,681, the Chairman and CEO traded U.S. Bancorp shares for $47.25 each. Upon closing the transaction, the insider’s holdings decreased to 102,044 shares, worth approximately $58.29 million.
As published in a research note from Piper Sandler on January 13, 2025, U.S. Bancorp [USB] has been rated up from a Neutral to an Overweight and the price target has been revised to $58. Analysts at DA Davidson upgraded the stock from ‘”a Neutral”‘ to ‘”a Buy”‘ outlook in a report released in early January. As of December 19, 2024, Raymond James has increased its “Mkt perform” rating to a “an Outperform” for USB. Earlier on November 25, 2024, Citigroup upgraded its rating. Their new recommendation was “a Buy” for USB stock which previously was a “a Neutral”.
Analyzing USB Stock Performance
During the last five days, there has been a drop of approximately -0.59%. Over the course of the year, U.S. Bancorp shares have dropped approximately -0.94%. Shares of the company reached a 52-week high of $51.12 on 01/15/25 and a 52-week low of $46.55 on 02/03/25. A 50-day SMA is recorded $49.68, while a 200-day SMA reached $45.24. Nevertheless, trading volume fell to 10.81 million shares from 10.38 million shares the previous day.
Support And Resistance Levels for U.S. Bancorp (USB)
According to the 24-hour chart, there is a support level at 47.05, which, if violated, would cause prices to drop to 46.72. In the upper region, resistance lies at 47.95. The next price resistance is at 48.53. RSI (Relative Strength Index) is 43.35 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at -0.98, which suggests the price will decrease in the coming days. Percent R is at 74.14%, indicating bearish price movement. Stochastics %K at buying indicates that the stock is to be held.
