Bullish
Chickasaw Capital Management LLC increases Bank of America stake by 390.7%
Chickasaw Capital Management LLC significantly boosted its holdings in Bank of America Corporation (BAC) by 390.7% in the third quarter, acquiring an additional 28,403 shares. This substantial investment reflects growing institutional confidence in BAC's financial performance and prospects.
Key points
- Chickasaw Capital Management LLC increased its BAC holdings by 390.7%, adding 28,403 shares.
- BAC's stock price closed at $53.56 on October 8, 2026, a 1.0% decrease from the previous day.
- Analysts maintain a 'Moderate Buy' consensus on BAC, with an average price target of $64.39.
Sources
- Chickasaw Capital Management LLC Buys 28,403 Shares of Bank of America Corporation $BACAmerican Banking News · October 8, 2026
- Bank of America Corporation $BAC Stock Acquired by Gradient Investments LLCMarketBeat · October 8, 2026
- Why BAC Stock Moved Today | Bank of America Corporation | BestStocksBestStocks · October 8, 2026
- Bank of America Corporation (BAC) Stock Price, News, Quote & History - Yahoo FinanceYahoo Finance
AI-generated from public news sources. Not financial advice.
