Keycorp /new/ (KEY) Files Form 4 Insider Buying : Alexander M Cutler Buys 15,000 Shares

Keycorp /new/ (KEY): Alexander M Cutler , director of Keycorp /new/ purchased 15,000 shares on May 16, 2016. The Insider buying transaction was reported by the company on May 18, 2016 to the Securities and Exchange Commission. The shares were purchased at $11.86 per share for a total value of $177,900.00 , the company said in a SEC Form 4 Filing.

Other Insider transactions have been reported by the company according to SEC Form 4, on May 9, 2016, Elizabeth R. Gile (director) purchased 13,000 shares at $11.87 per share price.On Feb 22, 2016, Ruth Ann M Gillis (director) purchased 8,300 shares at $10.63 per share price.Also, On Feb 22, 2016, Kristen L Manos (director) purchased 10,000 shares at $10.62 per share price.On Feb 10, 2016, Joseph A Carrabba (director) purchased 10,000 shares at $10.60 per share price.

Shares of KeyCorp (KEY) ended Thursday, May 19, 2016 session in red amid volatile trading. The shares closed down -0.13 points or -1.04% at $12.39 with 1,42,95,871 shares getting traded. Post opening the session at $12.49, the shares hit an intraday low of $12.28 and an intraday high of $12.67 and the price vacillated in this range throughout the day. The company has a market cap of $10,437 M and the number of outstanding shares has been calculated to be 84,23,73,000 shares. The 52-week high of KeyCorp is $15.7 and the 52-week low is $9.88.

KeyCorp Money Flow Index Chart

Company has been under the radar of several Street Analysts.KeyCorp is Resumed by Morgan Stanley to Equal-Weight and the brokerage firm has set the Price Target at $13.50. The Rating was issued on Apr 12, 2016.KeyCorp is Reiterated by RBC Capital Mkts to Outperform while Lowering the Price Target of the company shares to $ 13 from a previous price target of $14 . The Rating was issued on Apr 5, 2016.

KeyCorp is a bank holding company. The Bank operates through its subsidiary KeyBank National Association which is engaged in providing banking services. Through KeyBank and other subsidiaries the Bank provides a range of retail and commercial banking commercial leasing investment management consumer finance commercial mortgage servicing and special servicing and investment banking products and services. The Bank provides these services to individual corporate and institutional clients. The Bank operates in two segments: Key Community Bank which serves individuals and small to mid-sized businesses by offering a variety of deposit investment lending credit card and personalized wealth management products and business advisory services and Key Corporate Bank is a full-service corporate and investment bank focused on serving the needs of middle market clients in seven industry sectors: consumer energy healthcare industrial public sector real estate and technology.

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