Keycorp’s recent filing unveils that its Director BANK OF NOVA SCOTIA acquired Company’s shares for reported $0.89 million on Feb 05 ’25. In the deal valued at $17.85 per share,50,000 shares were bought. As a result of this transaction, BANK OF NOVA SCOTIA now holds 162,983,726 shares worth roughly $2.86 billion.
Then, Mago Angela G sold 15,011 shares, generating $294,065 in total proceeds. Upon selling the shares at $19.59, the Chief Human Resources Officer now owns 234,582 shares.
Before that, Paine Andrew J III sold 66,362 shares. Keycorp shares valued at $1,262,869 were divested by the Head of Institutional Bank at a price of $19.03 per share. As a result of the transaction, Paine Andrew J III now holds 214,068 shares, worth roughly $3.76 million.
A number of analysts have revised their coverage, including Citigroup’s analysts, who decreased its forecast for the stock in early November from “a Buy” to “a Neutral”. Robert W. Baird also remained covering KEY and has decreased its forecast on October 14, 2024 with a “Neutral” recommendation from previously “an Outperform” rating. UBS revised its rating on July 08, 2024. It rated KEY as “a Neutral” which previously was an “a Buy”.
Price Performance Review of KEY
On Tuesday, Keycorp [NYSE:KEY] saw its stock jump 0.29% to $17.56. Over the last five days, the stock has lost -2.17%. Keycorp shares have risen nearly 2.45% since the year began. Nevertheless, the stocks have risen 26.60% over the past one year. While a 52-week high of $20.04 was reached on 01/17/25, a 52-week low of $13.10 was recorded on 01/13/25. SMA at 50 days reached $17.79, while 200 days put it at $16.42.
Levels Of Support And Resistance For KEY Stock
The 24-hour chart illustrates a support level at 17.36, which if violated will result in even more drops to 17.16. On the upside, there is a resistance level at 17.70. A further resistance level may holdings at 17.84. The Relative Strength Index (RSI) on the 14-day chart is 47.66, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -0.10, which suggests price will go down in the next trading period. Percent R suggests that price movement has been low at 65.24%. Stochastics %K at 43.33% indicates the stock is a holding.
How much short interest is there in Keycorp?
A steep rise in short interest was recorded in Keycorp stocks on 2024-12-31, growing by 2.67 million shares to a total of 18.53 million shares. Yahoo Finance data shows the prior-month short interest on 2024-11-29 was 15.86 million shares. There was a rise of 14.4%, which implies that there is a positive sentiment for the stock.
