KeyCorp (KEY) Insider Bank of Nova Scotia Sells $5.5M of Stock
Bank of Nova Scotia sold 238,461 shares of KeyCorp for $5.52 million on June 30, 2026.
Reviewed by automated data checks against the source filing. How we make and check alerts
Bank of Nova Scotia sold 238,461 shares of KeyCorp ($KEY) at an average price of $23.15, worth about $5.52 million, on June 30, 2026. The trade was reported to the SEC in a Form 4 filing.
Since the trade, $KEY is up 1.4% after 1 week, down 1.9% after 1 month and down 12.4% to date (from the $22.83 close on Jun 30, 2026).
KEY
KeyCorp
Key Points
- Bank of Nova Scotia sold 238,461 shares of KeyCorp, valued at $5.52 million, at an average price of $23.15 on June 30, 2026.
- KeyCorp's stock trades at $23.05, near its 52-week high of $24.07, reflecting ongoing interest in the regional banking sector.
- Analysts maintain a consensus 'buy' rating on KeyCorp, with a mean price target of $26.02.
Get $KEY trade alerts by text
We text you when insiders, Congress or big funds trade $KEY. Free.
Not investment advice. EarningsIQ is not a registered investment adviser, and this automated KeyCorp alert may contain errors. Disclosures
Bank of Nova Scotia Sells Shares of KeyCorp
Bank of Nova Scotia sold 238,461 shares of KeyCorp (NYSE: KEY) for about $5.52 million on June 30, 2026. The average sale price was $23.15 per share. This move follows a prior sale on June 16, where the bank sold 277,182 shares valued at approximately $6.13 million.
Insights on the Recent Sale
This recent transaction reduces Bank of Nova Scotia's holdings in KeyCorp, which now stand at 277,182 shares. The sale indicates a strategy to manage its investment portfolio, though it doesn't necessarily signal a negative outlook on KeyCorp's performance.
Institutional Activity Around KeyCorp
No other funds reported changes to their positions in KeyCorp during this filing period. This lack of peer activity could suggest a cautious approach among institutional investors regarding the stock's near-term outlook.
Stock Performance Overview
KeyCorp's stock is currently traded at $23.05. This price is very close to its 52-week high of $24.07, indicating strong market sentiment around the stock. Investors may find interest in how KeyCorp performs in the coming months, as its price has hovered near this high, suggesting potential volatility.
Recent Earnings
KeyCorp's most recent earnings report showed revenues of approximately $7.37 billion. The company has a net margin of 27.54% and a return on equity (ROE) of 10.33%. KeyCorp is expected to report its next earnings on October 20, 2026, which will be an important indicator of its financial health in the ongoing year.
Analysts Set New Price Targets
Analysts maintain a generally positive outlook for KeyCorp. On October 5, 2026, UBS maintained a 'Buy' rating with a price target of $25. JP Morgan and Evercore ISI Group also kept their ratings, with targets set at $23.00 and $24.00, respectively. The average target among analysts is $26.02, reflecting optimism about KeyCorp's future performance.
About KeyCorp
KeyCorp operates as the parent company of KeyBank, providing various banking services across the U.S. This transaction by Bank of Nova Scotia highlights ongoing interest in the bank's stock, especially given its recent performance and analyst support.
What’s Next for KeyCorp
As KeyCorp approaches its next earnings report on October 20, 2026, investors will be keen to see how its financial metrics evolve. The recent insider sales may also prompt questions about management's confidence in the company's future, though they reflect past holdings and may not indicate current positions. It's valuable for investors to monitor further filings and analyst updates in the coming weeks.
Related Filing Alerts
Source: Bank of Nova Scotia's Form 4 filing on $KEY (Jun 30, 2026). Find the original filing: KEY Form 4 filings on SEC EDGAR. Written by software, not financial advice. How we make alerts