Bank Of New York Mellon Corp (BK) Chairman & CEO Gerald L Hassell Sold $8.3 million of Shares

- By insider

Chairman & CEO of Bank Of New York Mellon Corp (BK) Gerald L Hassell sold 191,042 shares of BK on 10/24/2016 at an average price of $43.22 a share. The total sale was $8.3 million.Bank of New York Mellon Corporation is a global investment company. Its business segments are: Investment Management and Investment Services. Its other segments includes credit-related services, the leasing portfolio, corporate treasury activities. Bank Of New York Mellon Corp has a market cap of $46.56 billion; its shares were traded at around $43.61 with a P/E ratio of 14.77 and P/S ratio of 3.17. The dividend yield of Bank Of New York Mellon Corp stocks is 1.61%. Bank Of New York Mellon Corp had an annual average EBITDA growth of 7.30% over the past 5 years.



CEO Recent Trades:

  • Chairman & CEO Gerald L Hassell sold 191,042 shares of BK stock on 10/24/2016 at the average price of $43.22. The price of the stock has increased by 0.9% since.


CFO Recent Trades:

  • Vice Chairman & CFO Thomas P Gibbons sold 79,022 shares of BK stock on 10/24/2016 at the average price of $43.2. The price of the stock has increased by 0.95% since.


Directors and Officers Recent Trades:

  • Sr. Executive Vice President Mitchell E. Harris sold 28,779 shares of BK stock on 10/24/2016 at the average price of $43.55. The price of the stock has increased by 0.14% since.



For the complete insider trading history of BK, click here.This article first appeared on GuruFocus.


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