Bank of America closed at $59.47, down 5.14%, after CEO Brian Moynihan told investors to expect lower investment banking fees and trading performance in the third quarter. The guidance weighed on the stock as investors reacted to the anticipated pullback in these revenue streams.
Why it matters
CEO guidance on lower investment banking fees directly triggered a significant single-day decline in the stock, signaling investor concern about a key revenue driver for the bank.
The chart totals every SEC-reported transaction by month and share count, separating informative purchases and sales from non-informative awards, vesting, exercises, tax withholding and transfers. Records without a reported price remain included. Only informative purchases and sales affect the conservative sentiment signal.
Recent SEC-reported share and derivative transactions in BANK OF AMERICA CORP /DE/.
As filed with the SEC. Estimated value is shown only for purchases or sales with a positive reported transaction price; awards, gifts and similar activity are not assigned an assumed market value. Amendments may change the record. This is not investment advice.
Quarterly reported positions. These filings can arrive up to 45 days after quarter-end and are not real-time trades.
Institutional ownership: 86.53%
Short interest
Open short positions reported twice monthly; this is not daily short-sale volume.
Earnings
Recent reported earnings per share compared with the analyst consensus available from Nasdaq.
Remarketable Variable Rate MuniFund Term Preferred SharesOther SEC-reported transaction (J)