New insider activity at KeyCorp ( (KEY) ) has taken place on February 19, 2025.
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KeyCorp’s Chairman and CEO, Christopher Gorman, recently completed a significant transaction involving the company’s stock. Gorman sold a total of 57,736 shares, which amounted to a substantial $1,008,070. This move highlights a notable financial activity within the company.
Recent Updates on KEY stock
KeyCorp has experienced notable recent developments, with analysts lowering their price targets due to a combination of factors highlighted in their Q4 earnings call. The company revealed challenges such as an EPS loss and declining loans, yet showcased achievements like significant revenue and client deposit growth, which suggests resilience. Analysts from DA Davidson, Morgan Stanley, and Keefe Bruyette cited KeyCorp’s disappointing net interest income update and loan pressures as reasons for reducing price targets. Despite these challenges, KeyCorp maintains a strong credit quality and has demonstrated strategic revenue adjustments and technological advancements, providing an optimistic outlook for 2025.
More about KeyCorp
YTD Price Performance: 4.36%
Average Trading Volume: 11,028,373
Technical Sentiment Consensus Rating: Strong Sell
Current Market Cap: $19.61B