Investors can speculate about the future of a stock by watching how its insiders buy and sell stocks. Comerica, Inc shares valued at $163,947 were purchased by McKinney Cassandra M. on Mar 06 ’25. At $58.91 per share, McKinney Cassandra M. acquired 2,783 shares.
Also, McKinney Cassandra M. purchased 1,630 shares, netting a total of over 107,833 in proceeds.
Before that, Bailey Corey R had sold 1,857 shares from its account. In a trade valued at $132,516, the Executive Vice President traded Comerica, Inc shares for $71.36 each. Upon closing the transaction, the insider’s holdings decreased to 1,857 shares, worth approximately $1.47 million.
As published in a research note from Goldman on January 07, 2025, Comerica, Inc [CMA] has been rated down from a Buy to a Neutral and the price target has been revised to $71. As of November 15, 2024, Wells Fargo has increased its “an Underweight” rating to a “an Equal weight” for CMA. Earlier on October 07, 2024, BofA Securities downgraded its rating. Their new recommendation was “an Underperform” for CMA stock which previously was a “a Neutral”.
Analyzing CMA Stock Performance
During the last five days, there has been a drop of approximately -2.39%. Over the course of the year, Comerica, Inc shares have dropped approximately -7.74%. Shares of the company reached a 52-week high of $68.94 on 02/04/25 and a 52-week low of $55.41 on 03/11/25. A 50-day SMA is recorded $63.67, while a 200-day SMA reached $59.57.
Support And Resistance Levels for Comerica, Inc (CMA)
According to the 24-hour chart, there is a support level at 56.58, which, if violated, would cause prices to drop to 56.11. In the upper region, resistance lies at 57.94. The next price resistance is at 58.83. RSI (Relative Strength Index) is 29.63 on the 14-day chart, showing oversold technical sentiment. Moving Average Convergence Divergence (MACD) is at -3.23, which suggests the price will decrease in the coming days. Percent R is at 84.18%, indicating bearish price movement. Stochastics %K at buying indicates that the stock is to be held.
