Bank Of New York Mellon Corp’s recently made public 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 $4.99 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 $1.96 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 jump 2.13% to $90.49. Over the last five days, the stock has gained 0.53%. Bank Of New York Mellon Corp shares have risen nearly 17.78% since the year began. Nevertheless, the stocks have risen 54.39% 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.
Levels Of Support And Resistance For BK Stock
The 24-hour chart illustrates a support level at 89.34, which if violated will result in even more drops to 88.19. On the upside, there is a resistance level at 91.10. A further resistance level may holdings at 91.71.
