Eye Catching Insider Trading: Insider Trading Movement: Bank of America Corp (BAC)

Bank of America Corp (NYSE:BAC) insider has recently participated in insider trading activity.10% Owner, BANK OF AMERICA CORP /DE/ bought5 shares for $74 via one transaction Dec 29. Following the transaction, the insider now owns 5 shares in total, priced at $61.2 as of Tuesday. Another notable insider trading was done by the same insider on Dec 21. BANK OF AMERICA CORP /DE/ acquired 3 shares at an average price of $14.70 for a total of $44. Moreover, this insider carried out a buy of 165 shares at $15.29 each on Sep 14. The transaction amounted to $2,523. The insider also sold 1,300 shares for $16,231 through one transaction Jan 12.

The stock has experienced a total of 2 insider trades in the past three months. These trades include 2 sell activities and 0 buy trades. Furthermore, over the past 12 months, the stock was traded 30 times by insiders. In 21 of these trades, the insider was a seller while an employee of the company was the buyer in just 9 instances.

Bank of America Corp (BAC) on February 9, 2016 announced it will report first-quarter 2016 financial results on Thursday, April 14, 2016. The results are scheduled to be released at 6:45 a.m. ET, followed by an investor presentation at 8:30 a.m. ET.

The news release, live audio webcast, accompanying presentation and other earnings-related information will be available through the Bank of America Investor Relations website at http://investor.bankofamerica.com. For a listen-only connection to the conference call, dial 1.877.200.4456 (U.S.) or 1.785.424.1732 (international), and the conference ID is: 79795. Please dial in 10 minutes prior to the start of the call.

A replay will be available via webcast through the Bank of America Investor Relations website. A replay will also be available beginning at noon ET on April 14 through 11:59 p.m. ET on April 21 by telephone at 1.800.753.8546 (U.S.) or 1.402.220.0685 (international).

Additionally, on February 4, 2016ACCIONA Energy announced that it has closed tax equity financing for the San Roman Wind Farm with Bank of America Corp (BAC)Merrill Lynch. ACCIONA recently acquired the San Roman Wind Farm as part of the company’s renewed focus on building renewable energy projects in the U.S.

San Roman is a 93 megawatt (MW) wind power project located in Cameron County, near the southeast coast of Texas. ACCIONA Energy is currently constructing and will own and operate the San Roman project, which is expected to be completed by the end of 2016.

The power generated by the project will create a more reliable supply of electricity for Texas’ Rio Grande Valley, an area that has suffered rolling blackouts in recent years due to a lack of local electric resources. The San Roman Wind Farm will produce enough energy to power more than 30,000 U.S. homes.

“As ACCIONA works to build new clean energy projects in the highly competitive U.S. market, we need partners like Bank of America Merrill Lynch who understand renewable energy and the innovative financial solutions that can move our industry forward,” said Ilya Hartmann, CEO of ACCIONA Energy North America. “This deal was a team effort made possible by the collaboration, expertise, and dedication of both parties.”