Bank Of New York Mellon Corp’s recently made public that its Officer McCarthy J. Kevin acquired Company’s shares for reported $2.37 million on Apr 29 ’25. In the deal valued at $78.91 per share,30,000 shares were bought.
Then, Kurimsky Kurtis R. sold 5,641 shares, generating $437,206 in total proceeds. Upon selling the shares at $77.50, the Corporate Controller now owns 21,679 shares.
Before that, Keating Catherine sold 65,473 shares. Bank Of New York Mellon Corp shares valued at $5,061,687 were divested by the Sr. Exec. Vice President at a price of $77.31 per share. As a result of the transaction, Keating Catherine now holds 87,542 shares, worth roughly $7.01 million.
Wolfe Research downgraded its Bank Of New York Mellon Corp [BK] rating to a Peer perform from a an Outperform in a research note published recently. A number of analysts have revised their coverage, including Morgan Stanley’s analysts, who increased its forecast for the stock in early December from “an Equal-weight” to “an Overweight”. Deutsche Bank also remained covering BK and has increased its forecast on September 23, 2024 with a “Buy” recommendation from previously “Hold” rating. Citigroup revised its rating on July 15, 2024. It rated BK as “a Neutral” which previously was an “a Buy”.
Price Performance Review of BK
On Tuesday, Bank Of New York Mellon Corp [NYSE:BK] saw its stock jump 1.43% to $80.04. Over the last five days, the stock has gained 4.89%. Bank Of New York Mellon Corp shares have risen nearly 4.18% since the year began. Nevertheless, the stocks have risen 39.98% over the past one year. While a 52-week high of $90.34 was reached on 03/03/25, a 52-week low of $56.08 was recorded on 04/07/25. SMA at 50 days reached $82.07, while 200 days put it at $76.35.
Levels Of Support And Resistance For BK Stock
The 24-hour chart illustrates a support level at 78.95, which if violated will result in even more drops to 77.85. On the upside, there is a resistance level at 80.75. A further resistance level may holdings at 81.45. The Relative Strength Index (RSI) on the 14-day chart is 52.51, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 1.67, which suggests price will go up in the next trading period. Percent R suggests that price movement has been bullish at 3.88%. Stochastics %K at 88.37% indicates the stock is a selling.
How much short interest is there in Bank Of New York Mellon Corp?
A steep rise in short interest was recorded in Bank Of New York Mellon Corp stocks on 2025-04-15, dropping by -2.41 million shares to a total of 7.78 million shares. Yahoo Finance data shows the prior-month short interest on 2025-03-14 was 10.19 million shares. There was a decline of -30.95%, which implies that there is a negative sentiment for the stock.
