In a filing, Bank Of America Corp revealed its 10% Owner BANK OF AMERICA CORP /DE/ acquired Company’s shares for reported $141.0 on Apr 09 ’25. In the deal valued at $10.85 per share,13 shares were bought. As a result of this transaction, BANK OF AMERICA CORP /DE/ now holds 13 shares worth roughly $467.35.
Then, BANK OF AMERICA CORP /DE/ sold 13 shares, generating $142 in total proceeds. Upon selling the shares at $10.89, the 10% Owner now owns 0 shares.
Before that, BANK OF AMERICA CORP /DE/ bought 8,100 shares. Bank Of America Corp shares valued at $100,813 were divested by the 10% Owner at a price of $12.45 per share. As a result of the transaction, BANK OF AMERICA CORP /DE/ now holds 8,100 shares, worth roughly $0.29 million.
Morgan Stanley upgraded its Bank Of America Corp [BAC] rating to an Overweight from a an Equal-weight in a research note published recently. A number of analysts have revised their coverage, including Robert W. Baird’s analysts, who increased its forecast for the stock in early March from “a Neutral” to “an Outperform”. UBS also remained covering BAC and has increased its forecast on January 07, 2025 with a “Buy” recommendation from previously “Neutral” rating. HSBC Securities revised its rating on January 07, 2025. It rated BAC as “a Buy” which previously was an “a Hold”.
Price Performance Review of BAC
On Friday, Bank Of America Corp [NYSE:BAC] saw its stock jump 0.28% to $35.95. Over the last five days, the stock has gained 4.54%. Bank Of America Corp shares have fallen nearly -18.20% since the year began. Nevertheless, the stocks have fallen -1.91% over the past one year. While a 52-week high of $48.08 was reached on 02/06/25, a 52-week low of $33.06 was recorded on 04/09/25. SMA at 50 days reached $42.65, while 200 days put it at $42.53.
Levels Of Support And Resistance For BAC Stock
The 24-hour chart illustrates a support level at 35.10, which if violated will result in even more drops to 34.25. On the upside, there is a resistance level at 36.51. A further resistance level may holdings at 37.08. The Relative Strength Index (RSI) on the 14-day chart is 34.61, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -2.69, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 72.92%. Stochastics %K at 30.52% indicates the stock is a holding.
How much short interest is there in Bank Of America Corp?
A steep rise in short interest was recorded in Bank Of America Corp stocks on 2025-03-31, growing by 5.35 million shares to a total of 83.84 million shares. Yahoo Finance data shows the prior-month short interest on 2025-02-28 was 78.49 million shares. There was a rise of 6.38%, which implies that there is a positive sentiment for the stock.
