Investors can expect a company’s stock to rise or fall based on the buying and selling of stock by its insiders. Bank Of America Corp shares valued at $100,813 were purchased by BANK OF AMERICA CORP /DE/ on Mar 14 ’25. At $12.45 per share, BANK OF AMERICA CORP /DE/ acquired 8,100 shares. The insider’s holdings grew to 8,100 shares worth approximately $0.3 million following the completion of this transaction.
Also, BANK OF AMERICA CORP /DE/ sold 8,100 shares, netting a total of over 99,670 in proceeds. Following the sale of shares at $12.30 each, the insider now holds 0 shares.
Before that, BANK OF AMERICA CORP /DE/ had added 1 shares to its account. In a trade valued at $12, the 10% Owner bought Bank Of America Corp shares for $12.43 each. Upon closing the transaction, the insider’s holdings increased to 1 shares, worth approximately $37.15.
As published in a research note from Morgan Stanley on April 07, 2025, Bank Of America Corp [BAC] has been rated up from an Equal-weight to an Overweight and the price target has been revised to $47. Analysts at Robert W. Baird upgraded the stock from ‘”a Neutral”‘ to ‘”an Outperform”‘ outlook in a report released in early March. As of January 07, 2025, UBS has increased its “Neutral” rating to a “Buy” for BAC. Earlier on January 07, 2025, HSBC Securities upgraded its rating. Their new recommendation was “a Buy” for BAC stock which previously was a “a Hold”.
Analyzing BAC Stock Performance
During the last five days, there has been a drop of approximately -11.23%. Over the course of the year, Bank Of America Corp shares have dropped approximately -15.47%. Shares of the company reached a 52-week high of $47.98 on 02/06/25 and a 52-week low of $33.06 on 04/09/25. A 50-day SMA is recorded $43.08, while a 200-day SMA reached $42.57.
Support And Resistance Levels for Bank Of America Corp (BAC)
According to the 24-hour chart, there is a support level at 34.19, which, if violated, would cause prices to drop to 31.23. In the upper region, resistance lies at 38.98. The next price resistance is at 40.81. RSI (Relative Strength Index) is 37.46 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at -4.07, which suggests the price will decrease in the coming days. Percent R is at 61.66%, indicating low price movement. Stochastics %K at holding indicates that the stock is to be held.
