Investors can speculate about the future of a stock by watching how its insiders buy and sell stocks. Bank Of New York Mellon Corp shares valued at $2,370,900 were sold by McCarthy J Kevin on Apr 29 ’25. At $79.03 per share, McCarthy J Kevin sold 30,000 shares. The insider’s holdings dropped to 55,115 shares worth approximately $4.91 million following the completion of this transaction.
Also, McCarthy J. Kevin purchased 30,000 shares, netting a total of over 2,367,300 in proceeds.
Before that, Kurimsky Kurtis R. had sold 5,641 shares from its account. In a trade valued at $437,206, the Corporate Controller traded Bank Of New York Mellon Corp shares for $77.50 each. Upon closing the transaction, the insider’s holdings decreased to 5,641 shares, worth approximately $1.93 million.
As published in a research note from Truist on May 28, 2025, Bank Of New York Mellon Corp [BK] has been rated down from a Buy to a Hold and the price target has been revised to $97. Analysts at Wolfe Research downgraded the stock from ‘”an Outperform”‘ to ‘”a Peer perform”‘ outlook in a report released in early January. As of December 09, 2024, Morgan Stanley has increased its “an Equal-weight” rating to a “an Overweight” for BK. Earlier on September 23, 2024, Deutsche Bank upgraded its rating. Their new recommendation was “a Buy” for BK stock which previously was a “a Hold”.
Analyzing BK Stock Performance
During the last five days, there has been a surge of approximately 0.19%. Over the course of the year, Bank Of New York Mellon Corp shares have jumped approximately 15.93%. Shares of the company reached a 52-week high of $90.63 on 05/19/25 and a 52-week low of $70.46 on 04/07/25.
Support And Resistance Levels for Bank Of New York Mellon Corp (BK)
According to the 24-hour chart, there is a support level at 88.44, which, if violated, would cause prices to drop to 87.80. In the upper region, resistance lies at 89.79. The next price resistance is at 90.50. RSI (Relative Strength Index) is 63.76 on the 14-day chart, showing neutral technical sentiment.
