Comerica, Inc’s recently made public that its Officer McKinney Cassandra M. acquired Company’s shares for reported $0.16 million on Mar 06 ’25. In the deal valued at $58.91 per share,2,783 shares were bought.
Then, McKinney Cassandra M. bought 1,630 shares, generating $107,833 in total proceeds.
Before that, Bailey Corey R sold 1,857 shares. Comerica, Inc shares valued at $132,516 were divested by the Executive Vice President at a price of $71.36 per share. As a result of the transaction, Bailey Corey R now holds 25,817 shares, worth roughly $1.3 million.
Morgan Stanley downgraded its Comerica, Inc [CMA] rating to an Underweight from a an Equal-weight in a research note published recently. A number of analysts have revised their coverage, including Stephens’s analysts, who decreased its forecast for the stock in late March from “an Overweight” to “an Equal-weight”. Goldman also remained covering CMA and has decreased its forecast on January 07, 2025 with a “Neutral” recommendation from previously “Buy” rating.
Price Performance Review of CMA
On Tuesday, Comerica, Inc [NYSE:CMA] saw its stock fall -1.68% to $50.42. Over the last five days, the stock has lost -13.37%. Comerica, Inc shares have fallen nearly -18.48% since the year began. Nevertheless, the stocks have fallen -4.22% over the past one year. While a 52-week high of $73.45 was reached on 02/04/25, a 52-week low of $45.32 was recorded on 04/04/25. SMA at 50 days reached $61.68, while 200 days put it at $60.37.
Levels Of Support And Resistance For CMA Stock
The 24-hour chart illustrates a support level at 48.93, which if violated will result in even more drops to 47.45. On the upside, there is a resistance level at 52.62. A further resistance level may holdings at 54.83. The Relative Strength Index (RSI) on the 14-day chart is 22.93, which indicates oversold technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -6.11, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 88.81%. Stochastics %K at 16.56% indicates the stock is a buying.
How much short interest is there in Comerica, Inc?
A steep rise in short interest was recorded in Comerica, Inc stocks on 2025-03-14, growing by 0.57 million shares to a total of 5.9 million shares. Yahoo Finance data shows the prior-month short interest on 2025-02-14 was 5.32 million shares. There was a rise of 9.74%, which implies that there is a positive sentiment for the stock.
