Investors can speculate about the future of a stock by watching how its insiders buy and sell stocks. M & T Bank Corp shares valued at $299,527 were sold by KAY CHRISTOPHER E on Mar 12 ’25. At $172.34 per share, KAY CHRISTOPHER E sold 1,738 shares. The insider’s holdings dropped to 10,751 shares worth approximately $1.82 million following the completion of this transaction.
Also, KAY CHRISTOPHER E purchased 1,738 shares, netting a total of over 299,528 in proceeds.
Before that, GEISEL GARY N had sold 2,490 shares from its account. In a trade valued at $537,566, the Vice Chairman traded M & T Bank Corp shares for $215.89 each. Upon closing the transaction, the insider’s holdings decreased to 2,490 shares, worth approximately $0.0.
As published in a research note from Deutsche Bank on April 24, 2025, M & T Bank Corp [MTB] has been rated up from a Hold to a Buy and the price target has been revised to $210. Analysts at JP Morgan downgraded the stock from ‘”an Overweight”‘ to ‘”a Neutral”‘ outlook in a report released in early December. As of November 25, 2024, Citigroup has decreased its “Buy” rating to a “Neutral” for MTB. Earlier on October 04, 2024, Wolfe Research upgraded its rating. Their new recommendation was “an Outperform” for MTB stock which previously was a “a Peer perform”.
Analyzing MTB Stock Performance
During the last five days, there has been a surge of approximately 6.46%. Over the course of the year, M & T Bank Corp shares have dropped approximately -10.03%. Shares of the company reached a 52-week high of $203.32 on 01/30/25 and a 52-week low of $150.75 on 04/07/25. A 50-day SMA is recorded $176.69, while a 200-day SMA reached $183.67.
Support And Resistance Levels for M & T Bank Corp (MTB)
According to the 24-hour chart, there is a support level at 165.58, which, if violated, would cause prices to drop to 162.01. In the upper region, resistance lies at 171.28. The next price resistance is at 173.41. RSI (Relative Strength Index) is 51.63 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at 5.10, which suggests the price will increase in the coming days. Percent R is at 8.95%, indicating bullish price movement. Stochastics %K at holding indicates that the stock is to be held.
