Rep. Julie Johnson Sells Off Shares of Bank of America Corporation (NYSE:BAC)

Representative Julie Johnson (D-Texas) recently sold shares of Bank of America Corporation (NYSE:BAC). In a filing disclosed on December 11th, the Representative disclosed that they had sold between $1,001 and $15,000 in Bank of America stock on November 13th. The trade occurred in the Representative’s “CHASE BROKERAGE ACCOUNT (3935)” account.

Representative Julie Johnson also recently made the following trade(s):

• Sold $1,001 – $15,000 in shares of Charles Schwab (NYSE:SCHW) on 11/13/2025.
• Sold $1,001 – $15,000 in shares of UnitedHealth Group (NYSE:UNH) on 11/13/2025.
• Sold $1,001 – $15,000 in shares of Cigna Group (NYSE:CI) on 11/13/2025.
• Sold $1,001 – $15,000 in shares of Xcel Energy (NASDAQ:XEL) on 11/13/2025.
• Sold $1,001 – $15,000 in shares of Capital One Financial (NYSE:COF) on 11/13/2025.
• Sold $1,001 – $15,000 in shares of Walmart (NASDAQ:WMT) on 11/13/2025.
• Sold $1,001 – $15,000 in shares of Seagate Technology (NASDAQ:STX) on 11/13/2025.
• Sold $1,001 – $15,000 in shares of Wells Fargo & Company (NYSE:WFC) on 11/13/2025.
• Sold $1,001 – $15,000 in shares of Texas Instruments (NASDAQ:TXN) on 11/13/2025.
• Sold $1,001 – $15,000 in shares of The Goldman Sachs Group (NYSE:GS) on 11/13/2025.

Bank of America Price Performance

Shares of Bank of America stock traded up $0.82 during mid-day trading on Friday, reaching $55.08. 20,735,913 shares of the stock traded hands, compared to its average volume of 40,143,832. The stock has a market capitalization of $402.19 billion, a PE ratio of 15.03 and a beta of 1.30. The business has a 50-day moving average of $52.76 and a 200 day moving average of $49.75. Bank of America Corporation has a fifty-two week low of $33.06 and a fifty-two week high of $56.07. The company has a quick ratio of 0.79, a current ratio of 0.79 and a debt-to-equity ratio of 1.12.

Bank of America (NYSE:BAC) last issued its quarterly earnings results on Wednesday, October 15th. The financial services provider reported $1.06 EPS for the quarter, topping the consensus estimate of $0.93 by $0.13. The firm had revenue of $5.35 billion during the quarter, compared to analysts’ expectations of $27.05 billion. Bank of America had a return on equity of 10.76% and a net margin of 15.70%.The firm’s revenue for the quarter was up 10.8% on a year-over-year basis. During the same period in the previous year, the business earned $0.81 earnings per share. On average, analysts predict that Bank of America Corporation will post 3.7 EPS for the current year.

Bank of America Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Friday, December 26th. Shareholders of record on Friday, December 5th will be issued a dividend of $0.28 per share. The ex-dividend date of this dividend is Friday, December 5th. This represents a $1.12 dividend on an annualized basis and a dividend yield of 2.0%. Bank of America’s dividend payout ratio is presently 30.52%.

Analyst Ratings Changes

BAC has been the subject of a number of recent research reports. The Goldman Sachs Group cut their price objective on shares of Bank of America from $60.00 to $58.00 and set a “buy” rating for the company in a report on Monday, October 27th. Dbs Bank upgraded Bank of America to a “moderate buy” rating in a report on Wednesday, October 22nd. Piper Sandler boosted their price target on shares of Bank of America from $55.00 to $56.00 and gave the company a “neutral” rating in a research report on Thursday, December 11th. TD Cowen raised their price objective on shares of Bank of America from $61.00 to $64.00 and gave the stock a “buy” rating in a research report on Thursday, November 6th. Finally, Argus lifted their target price on shares of Bank of America from $53.00 to $58.00 in a research note on Friday, October 17th. Twenty-three investment analysts have rated the stock with a Buy rating and five have assigned a Hold rating to the company’s stock. Based on data from MarketBeat, the company has an average rating of “Moderate Buy” and an average target price of $58.59.

Institutional Inflows and Outflows

A number of large investors have recently added to or reduced their stakes in the company. Wiser Advisor Group LLC acquired a new position in Bank of America in the 3rd quarter valued at about $27,000. Quaker Wealth Management LLC raised its stake in shares of Bank of America by 246.5% during the second quarter. Quaker Wealth Management LLC now owns 523 shares of the financial services provider’s stock worth $25,000 after purchasing an additional 880 shares during the last quarter. Nova Wealth Management Inc. lifted its holdings in shares of Bank of America by 75.2% during the second quarter. Nova Wealth Management Inc. now owns 529 shares of the financial services provider’s stock worth $25,000 after purchasing an additional 227 shares during the period. Steph & Co. lifted its holdings in shares of Bank of America by 224.3% during the third quarter. Steph & Co. now owns 548 shares of the financial services provider’s stock worth $28,000 after purchasing an additional 379 shares during the period. Finally, Collier Financial purchased a new position in Bank of America in the 3rd quarter valued at $30,000. 70.71% of the stock is currently owned by institutional investors and hedge funds.

Key Bank of America News

Here are the key news stories impacting Bank of America this week:

• Positive Sentiment: Analysts expect double?digit profit growth for BAC in fiscal Q4 2025, setting a favorable backdrop for the upcoming earnings release and supporting upside expectations.What to Expect From Bank of America’s Q4 2025 Earnings Report
• Positive Sentiment: Investment?banking (IB) fees are reported to be climbing — stronger deal activity, more IPOs and easing rates should boost fee income in 2025–26, which can materially lift non?interest revenue for BAC.How Will Surging IB Business Support Bank of America’s Fee Income?
• Positive Sentiment: Oppenheimer raised its price target on BAC to $63 and kept an outperform stance — a notable analyst upgrade that signals greater upside vs. the stock’s recent levels and can attract buy interest.Oppenheimer adjusts price target on Bank of America to $63 from $55, maintains outperform rating
• Positive Sentiment: Truist raised its price target (and/or maintained a Buy) on BAC, and other brokers (Keefe, Bruyette & Woods) have reiterated outperform/buy views — analyst support is helping momentum into earnings.Bank of America price target raised by Truist to $58
• Positive Sentiment: Keefe, Bruyette & Woods reaffirmed an outperform recommendation on BAC, reinforcing the bullish analyst tone that can support buying interest ahead of results.Keefe, Bruyette & Woods maintains Bank of America (BAC) outperform recommendation
• Neutral Sentiment: Media notes that BAC is attracting investor attention — higher search/interest alone doesn’t guarantee direction but it raises liquidity and volatility risk into earnings.Bank of America Corporation (BAC) is Attracting Investor Attention: Here is What You Should Know
• Neutral Sentiment: Bank of America Securities remains active publishing and reiterating ratings on other companies — this signals steady research/revenue flow but has limited immediate bearing on BAC’s share moves beyond reputation effects.Spotify: Capitalizing on Strong Operating Momentum and Manageable AI Risks to Justify a Buy Rating
• Negative Sentiment: Coverage of Bank of America’s own Bull & Bear Indicator shows a contrarian “sell” signal (many managers bullish), raising the risk of a broader market pullback that could weigh on BAC despite company?specific positives.The bulls are too bullish: Bank of America warns 200-plus fund managers just triggered a contrarian ‘sell’ signal
• Negative Sentiment: MarketWatch highlights a triggered sell signal tied to Bank of America research that historically precedes pullbacks — this narrative can trigger short?term profit taking or increased volatility.A sell signal has been triggered at Bank of America. What typically happens next.

About Representative Johnson

Julie Johnson (Democratic Party) is a member of the U.S. House, representing Texas’ 32nd Congressional District. She assumed office on January 3, 2025. Her current term ends on January 3, 2027.

Johnson (Democratic Party) ran for election to the U.S. House to represent Texas’ 32nd Congressional District. She won in the general election on November 5, 2024.

Julie Johnson earned a B.A. in history and government from the University of Texas at Austin in 1987 and a J.D. from the University of Houston Law Center in 1991. Johnson’s career experience includes working as an attorney.

About Bank of America

Bank of America Corporation is a multinational financial services company headquartered in Charlotte, North Carolina. It provides a broad array of banking, investment, asset management and related financial and risk management products and services to individual consumers, small- and middle-market businesses, large corporations, governments and institutional investors. The firm operates through consumer banking, global wealth and investment management, global banking and markets businesses, offering capabilities across lending, deposits, payments, advisory and capital markets.

Its consumer-facing offerings include checking and savings accounts, mortgages, home equity lending, auto loans, credit cards and small business banking, supported by a nationwide branch network and digital channels.