The buying and selling of stock by a company’s insider give investors a sense that the stock will rise or fall in the future. Bank Of New York Mellon Corp shares valued at $1,969,000 were sold by McCarthy J Kevin on Jul 22 ’25. At $98.45 per share, McCarthy J Kevin sold 20,000 shares. The insider’s holdings dropped to 35,115 shares worth approximately $3.51 million following the completion of this transaction.
Also, McCarthy J. Kevin purchased 20,000 shares, netting a total of over 1,972,000 in proceeds.
Before that, McCarthy J Kevin had sold 30,000 shares from its account. In a trade valued at $2,370,900, the SEVP & General Counsel traded Bank Of New York Mellon Corp shares for $79.03 each. Upon closing the transaction, the insider’s holdings decreased to 30,000 shares, worth approximately $5.51 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 0.34% to $99.97. The stock’s lowest price that day was $99.495, but it reached a high of $101.03 in the same session. During the last five days, there has been a surge of approximately 2.09%. Over the course of the year, Bank Of New York Mellon Corp shares have jumped approximately 58.03%. Shares of the company reached a 52-week high of $101.03 on 07/24/25 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 99.30, which, if violated, would cause prices to drop to 98.63. In the upper region, resistance lies at 100.83. The next price resistance is at 101.70. RSI (Relative Strength Index) is 79.96 on the 14-day chart, showing overbought 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 2025-06-30 jumping by 1.95 million shares to 10.11 million. Data from Yahoo Finance shows that the short interest on 2025-05-30 was 8.16 million shares. A jump of 19.33% in short interest reflects a negative sentiment towards the stock. Despite the fact that short shares comprise just 2.38 of the overall float, the days-to-cover ratio (short ratio) jumped to 2.38.
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 93 in the next 12 months, down nearly -6.65% from the previous closing price of $99.63. Analysts anticipate Bank Of New York Mellon Corp stock to reach 93 by 2025, with the lowest price target being 93. 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.
