Bank Of New York Mellon Corp’s recently made public that its SEVP & General Counsel McCarthy J Kevin unloaded Company’s shares for reported $1.97 million on Jul 22 ’25. In the deal valued at $98.45 per share,20,000 shares were sold. As a result of this transaction, McCarthy J Kevin now holds 35,115 shares worth roughly $3.56 million.
Then, McCarthy J. Kevin bought 20,000 shares, generating $1,972,000 in total proceeds.
Before that, McCarthy J Kevin sold 30,000 shares. Bank Of New York Mellon Corp shares valued at $2,370,900 were divested by the SEVP & General Counsel at a price of $79.03 per share. As a result of the transaction, McCarthy J Kevin now holds 55,115 shares, worth roughly $5.59 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 1.60% to $101.41. Over the last five days, the stock has gained 0.78%. Bank Of New York Mellon Corp shares have risen nearly 55.85% since the year began. Nevertheless, the stocks have risen 31.99% over the past one year.
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 2025-07-15, growing by 0.76 million shares to a total of 9.93 million shares. Yahoo Finance data shows the prior-month short interest on 2025-06-13 was 9.17 million shares. There was a rise of 7.62%, which implies that there is a positive sentiment for the stock.
