Bank of Nova Scotia, an insider of KeyCorp (KEY), sold 162,478,674 shares of the company's stock on November 24, 2025. The shares were sold at a price of $17.20 each, resulting in a total transaction value of $2,794.63 million. Following this sale, Bank of Nova Scotia retains 162,478,674 shares of KeyCorp.
KeyCorp, headquartered in Cleveland, Ohio, is a bank holding company that provides a range of financial services through its KeyBank and other subsidiaries. The bank serves individual, corporate, and institutional clients, offering products in retail and commercial banking, investment management, and consumer finance. As of November 25, 2025, KeyCorp has a market capitalization of $19.5 billion, a P/E ratio of 18.12, and an EPS of 0.94. The upcoming earnings report on October 20, 2026, is expected to show an EPS of $0.47 with revenue estimated at $2.0 billion.
Insider transactions like this one must be reported to the SEC, providing transparency regarding how executives and board members view their stock. While such selling activity can attract attention, it should be considered alongside other fundamental and technical factors. Investors are encouraged to analyze patterns of insider activity over time and across multiple insiders for a more comprehensive view.