U.S. Bancorp’s recently made public that its Sr. Exec. VP Roy Arijit unloaded Company’s shares for reported $97701.0 on Mar 07 ’25. In the deal valued at $43.67 per share,2,237 shares were sold. As a result of this transaction, Roy Arijit now holds 39,994 shares worth roughly $1.69 million.
Then, Roy Arijit bought 2,237 shares, generating $97,701 in total proceeds.
Before that, DOLAN TERRANCE R bought 25,000 shares. U.S. Bancorp shares valued at $1,174,529 were divested by the Officer at a price of $46.98 per share.
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 fall -2.24% to $42.26. Over the last five days, the stock has lost -1.35%. U.S. Bancorp shares have fallen nearly -11.65% since the year began. Nevertheless, the stocks have fallen -2.92% 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 03/13/25. SMA at 50 days reached $45.75, while 200 days put it at $45.97.
Levels Of Support And Resistance For USB Stock
The 24-hour chart illustrates a support level at 41.79, which if violated will result in even more drops to 41.33. On the upside, there is a resistance level at 43.08. A further resistance level may holdings at 43.90. The Relative Strength Index (RSI) on the 14-day chart is 37.41, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 0.55, which suggests price will go down in the next trading period. Percent R suggests that price movement has been low at 60.22%. Stochastics %K at 60.18% 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 2025-03-14, dropping by -0.87 million shares to a total of 22.09 million shares. Yahoo Finance data shows the prior-month short interest on 2025-02-14 was 22.95 million shares. There was a decline of -3.93%, which implies that there is a negative sentiment for the stock.
