U.S. Bancorp’s filing revealed that its Officer DOLAN TERRANCE R acquired Company’s shares for reported $1.17 million on Feb 13 ’25. In the deal valued at $46.98 per share,25,000 shares were bought.
Then, CHOSY JAMES L sold 21,451 shares, generating $1,022,140 in total proceeds. Upon selling the shares at $47.65, the Senior EVP and General Counsel now owns 198,127 shares.
Before that, Richard Jodi L sold 30,000 shares. U.S. Bancorp shares valued at $1,427,610 were divested by the Vice Chair at a price of $47.59 per share. As a result of the transaction, Richard Jodi L now holds 99,790 shares, worth roughly $4.76 million.
Piper Sandler upgraded its U.S. Bancorp [USB] rating to an Overweight from a a Neutral in a research note published recently. A number of analysts have revised their coverage, including DA Davidson’s analysts, who increased its forecast for the stock in early January from “a Neutral” to “a Buy”. Raymond James also remained covering USB and has increased its forecast on December 19, 2024 with a “an Outperform” recommendation from previously “Mkt perform” rating. Citigroup revised its rating on November 25, 2024. It rated USB as “a Buy” which previously was an “a Neutral”.
Price Performance Review of USB
On Friday, U.S. Bancorp [NYSE:USB] saw its stock jump 0.76% to $47.75. Over the last five days, the stock has gained 1.10%. U.S. Bancorp shares have fallen nearly -0.17% since the year began. Nevertheless, the stocks have risen 19.58% over the past one year. While a 52-week high of $53.98 was reached on 01/15/25, a 52-week low of $37.81 was recorded on 02/11/25. SMA at 50 days reached $48.90, while 200 days put it at $45.46.
Levels Of Support And Resistance For USB Stock
The 24-hour chart illustrates a support level at 47.48, which if violated will result in even more drops to 47.22. On the upside, there is a resistance level at 48.03. A further resistance level may holdings at 48.32. The Relative Strength Index (RSI) on the 14-day chart is 47.67, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 0.00, which suggests price will go down in the next trading period. Percent R suggests that price movement has been low at 60.91%. Stochastics %K at 32.83% indicates the stock is a holding.
How much short interest is there in U.S. Bancorp?
A steep rise in short interest was recorded in U.S. Bancorp stocks on 2025-01-31, dropping by -1.1 million shares to a total of 21.42 million shares. Yahoo Finance data shows the prior-month short interest on 2024-12-31 was 22.52 million shares. There was a decline of -5.13%, which implies that there is a negative sentiment for the stock.
