Investors can speculate about the future of a stock by watching how its insiders buy and sell stocks. U.S. Bancorp shares valued at $1,174,529 were purchased by DOLAN TERRANCE R on Feb 13 ’25. At $46.98 per share, DOLAN TERRANCE R acquired 25,000 shares.
Also, CHOSY JAMES L sold 21,451 shares, netting a total of over 1,022,140 in proceeds. Following the sale of shares at $47.65 each, the insider now holds 198,127 shares.
Before that, Richard Jodi L had sold 30,000 shares from its account. In a trade valued at $1,427,610, the Vice Chair traded U.S. Bancorp shares for $47.59 each. Upon closing the transaction, the insider’s holdings decreased to 30,000 shares, worth approximately $4.46 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 -2.36%. Over the course of the year, U.S. Bancorp shares have dropped approximately -6.61%. Shares of the company reached a 52-week high of $51.12 on 01/15/25 and a 52-week low of $43.88 on 03/05/25. A 50-day SMA is recorded $47.70, while a 200-day SMA reached $45.74.
Support And Resistance Levels for U.S. Bancorp (USB)
According to the 24-hour chart, there is a support level at 44.03, which, if violated, would cause prices to drop to 43.39. In the upper region, resistance lies at 45.15. The next price resistance is at 45.64. RSI (Relative Strength Index) is 34.74 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at -1.17, which suggests the price will decrease in the coming days. Percent R is at 80.96%, indicating bearish price movement. Stochastics %K at holding indicates that the stock is to be held.
