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Bank of New York Mellon Exec Sells Shares Amid 379th Ranked Trading Volume

Market BriefThursday, May 1, 2025 8:08 pm ET
1min read

On May 1, 2025, New's trading volume was 2.65 billion, a decrease of 31.71% from the previous day, ranking 379th in the day's stock market.

The Bank of New York Mellon Corporation is a leading provider of asset management and securities-related services. The company offers a range of services including asset and property management, security conservation and issuance, and cash management services to institutions, businesses, and individuals. As of the end of 2023, the corporation had USD 47,800 billion in assets under custody and under administration and USD 1,974 billion in assets under management.

J. Kevin McCarthy, the senior executive vice president and general counsel, sold 30,000 shares of the Bank of New York Mellon Corporation on April 29, 2025. The shares were sold at a weighted average price of $79.03, totaling $2,370,900. Following the transaction, McCarthy directly owns 55,114 shares of the company.

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