Comerica, Inc’s recent filing unveils 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 $1.33 million.
JP Morgan downgraded its Comerica, Inc [CMA] rating to an Underweight from a a Neutral in a research note published recently. A number of analysts have revised their coverage, including Evercore ISI’s analysts, who decreased its forecast for the stock in late April from “an In-line” to “an Underperform”. UBS also remained covering CMA and has increased its forecast on April 10, 2025 with a “Neutral” recommendation from previously “Sell” rating. Morgan Stanley revised its rating on April 07, 2025. It rated CMA as “an Underweight” which previously was an “an Equal-weight”.
Price Performance Review of CMA
On Tuesday, Comerica, Inc [NYSE:CMA] saw its stock jump 1.66% to $51.44. Over the last five days, the stock has lost -1.46%. Comerica, Inc shares have fallen nearly -16.83% since the year began. Nevertheless, the stocks have risen 1.54% 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 04/09/25. SMA at 50 days reached $59.06, while 200 days put it at $60.51.
Levels Of Support And Resistance For CMA Stock
The 24-hour chart illustrates a support level at 50.42, which if violated will result in even more drops to 49.41. On the upside, there is a resistance level at 52.09. A further resistance level may holdings at 52.75. The Relative Strength Index (RSI) on the 14-day chart is 38.88, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -0.91, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 70.44%. Stochastics %K at 31.51% indicates the stock is a holding.
How much short interest is there in Comerica, Inc?
A steep rise in short interest was recorded in Comerica, Inc stocks on 2025-03-31, dropping by -1.69 million shares to a total of 4.58 million shares. Yahoo Finance data shows the prior-month short interest on 2025-02-28 was 6.26 million shares. There was a decline of -36.84%, which implies that there is a negative sentiment for the stock.
