Bank Of New York Mellon Corp’s recent filing unveils that its SEVP & General Counsel McCarthy J Kevin unloaded Company’s shares for reported $2.37 million on Apr 29 ’25. In the deal valued at $79.03 per share,30,000 shares were sold. As a result of this transaction, McCarthy J Kevin now holds 55,115 shares worth roughly $4.96 million.
Then, McCarthy J. Kevin bought 30,000 shares, generating $2,367,300 in total proceeds.
Before that, Kurimsky Kurtis R. sold 5,641 shares. Bank Of New York Mellon Corp shares valued at $437,206 were divested by the Corporate Controller at a price of $77.50 per share. As a result of the transaction, Kurimsky Kurtis R. now holds 21,679 shares, worth roughly $1.95 million.
Truist downgraded its Bank Of New York Mellon Corp [BK] rating to a Hold from a a Buy in a research note published recently. A number of analysts have revised their coverage, including Wolfe Research’s analysts, who decreased its forecast for the stock in early January from “an Outperform” to “a Peer perform”. Morgan Stanley also remained covering BK and has increased its forecast on December 09, 2024 with a “an Overweight” recommendation from previously “an Equal-weight” rating. Deutsche Bank revised its rating on September 23, 2024. It rated BK as “a Buy” which previously was an “a Hold”.
Price Performance Review of BK
On Monday, Bank Of New York Mellon Corp [NYSE:BK] saw its stock fall -0.34% to $90.01. Over the last five days, the stock has gained 1.16%. Bank Of New York Mellon Corp shares have risen nearly 17.15% since the year began. Nevertheless, the stocks have risen 52.84% over the past one year. While a 52-week high of $90.62 was reached on 05/19/25, a 52-week low of $57.18 was recorded on 04/07/25. SMA at 50 days reached $83.34, while 200 days put it at $79.61.
Levels Of Support And Resistance For BK Stock
The 24-hour chart illustrates a support level at 89.64, which if violated will result in even more drops to 89.27. On the upside, there is a resistance level at 90.44. A further resistance level may holdings at 90.87. The Relative Strength Index (RSI) on the 14-day chart is 63.36, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 0.39, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bullish at 18.15%. Stochastics %K at 66.22% indicates the stock is a holding.
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 2025-05-15, growing by 0.31 million shares to a total of 8.09 million shares. Yahoo Finance data shows the prior-month short interest on 2025-04-15 was 7.78 million shares. There was a rise of 3.87%, which implies that there is a positive sentiment for the stock.
