A company insider recently sold 30,000 shares of Bank Of New York Mellon Corp [BK]. Should You Sale?

Investors can expect a company’s stock to rise or fall based on the buying and selling of stock by its insiders. 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 $4.94 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 $1.94 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

On last trading session,, Bank Of New York Mellon Corp [NYSE: BK] rose 0.17% to $89.71. The stock’s lowest price that day was $88.69, but it reached a high of $89.71 in the same session. During the last five days, there has been a surge of approximately 1.28%. Over the course of the year, Bank Of New York Mellon Corp shares have jumped approximately 16.76%.

Support And Resistance Levels for Bank Of New York Mellon Corp (BK)

RSI (Relative Strength Index) is 61.07 on the 14-day chart, showing neutral technical sentiment.

Is Bank Of New York Mellon Corp subject to short interest?

Stocks of Bank Of New York Mellon Corp saw a sharp rise in short interest on 2025-05-30 jumping by 0.37 million shares to 8.16 million. Data from Yahoo Finance shows that the short interest on 2025-04-30 was 7.79 million shares. A jump of 4.51% in short interest reflects a negative sentiment towards the stock. Despite the fact that short shares comprise just 1.99 of the overall float, the days-to-cover ratio (short ratio) jumped to 1.99.

Which companies own the most shares of Bank Of New York Mellon Corp (BK)?

In terms of Bank Of New York Mellon Corp share price expectations, FactSet research, analysts set an average price target of 86 in the next 12 months, down nearly -3.97% from the previous closing price of $89.56. Analysts anticipate Bank Of New York Mellon Corp stock to reach 93 by 2025, with the lowest price target being 79. In spite of this, 15 analysts ranked Bank Of New York Mellon Corp stock as Buy at the end of 2025. On July 15, 2024, Citigroup assigned a price target of “a Neutral” to the stock and downgraded coverage with a $65.

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