Keycorp’s recently made public that its Chairman and CEO Gorman Christopher M. unloaded Company’s shares for reported $1.01 million on Feb 13 ’25. In the deal valued at $17.46 per share,57,736 shares were sold. As a result of this transaction, Gorman Christopher M. now holds 799,718 shares worth roughly $ 14.36 million.
Then, Kidik Allyson M bought 1,016 shares, generating $17,973 in total proceeds.
Before that, Gorman Christopher M. bought 57,736 shares. Keycorp shares valued at $1,008,197 were divested by the Officer at a price of $17.46 per share.
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 1.35% to $17.96. Over the last five days, the stock has gained 2.57%. Keycorp shares have risen nearly 4.78% since the year began. Nevertheless, the stocks have risen 29.58% 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 $17.67, while 200 days put it at $16.49.
Levels Of Support And Resistance For KEY Stock
The 24-hour chart illustrates a support level at 17.73, which if violated will result in even more drops to 17.50. On the upside, there is a resistance level at 18.08. A further resistance level may holdings at 18.20. The Relative Strength Index (RSI) on the 14-day chart is 54.76, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -0.03, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bullish at 21.11%. Stochastics %K at 62.81% indicates the stock is a holding.
