Bank Of America Corp’s filing revealed that its Officer Boland Darrin Steve acquired Company’s shares for reported $1.72 million on May 07 ’25. In the deal valued at $40.84 per share,42,207 shares were bought.
Then, BANK OF AMERICA CORP /DE/ bought 2,103 shares, generating $23,322 in total proceeds. Upon buying the shares at $11.09, the 10% Owner now owns 2,103 shares.
Before that, BANK OF AMERICA CORP /DE/ bought 13 shares. Bank Of America Corp shares valued at $141 were divested by the 10% Owner at a price of $10.85 per share. As a result of the transaction, BANK OF AMERICA CORP /DE/ now holds 13 shares, worth roughly $543.27.
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 0.46% to $41.79. Over the last five days, the stock has gained 1.75%. Bank Of America Corp shares have fallen nearly -4.91% since the year began. Nevertheless, the stocks have risen 10.44% 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 $40.17, while 200 days put it at $42.34.
Levels Of Support And Resistance For BAC Stock
The 24-hour chart illustrates a support level at 41.66, which if violated will result in even more drops to 41.53. On the upside, there is a resistance level at 41.95. A further resistance level may holdings at 42.11. The Relative Strength Index (RSI) on the 14-day chart is 62.58, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 1.19, which suggests price will go up in the next trading period. Percent R suggests that price movement has been bullish at 7.58%. Stochastics %K at 90.50% indicates the stock is a selling.
