KeyCorp (KEY) Insider Raises Exposure By Over 1,000 Shares

KeyCorp (NYSE:KEY), saw an insider raise his position with the company. Director David K. Wilson purchased 1,500 shares of common stock in the company at an average price of $13.56 per share. After the completion of this transaction, Wilson now has 1,500 total shares directly invested into the company.
KeyCorp (NYSE:KEY), is an $11.8 billion market cap bank holding company that provides a range of retail and commercial banking, commercial leasing, investment management, consumer finance and investment banking products and services to individual, corporate and institutional clients through two major business segments: Key Community Bank and Key Corporate Bank.
In addition, multiple hedge funds have involvement with the company. Citadel Investment Group, the hedge fund run by Ken Griffin decreased it’s holdings by 15% last quarter, and currently holds 12,979,572 shares worth about $184.8 million; while Aqr Capital Management, the hedge fund controlled by Cliff Asness also decreased it’s exposure last quarter, by 7%, and now has 9,669,312 shares worth approximately $137.7 million invested in KeyCorp (NYSE:KEY).
Disclosure: The author, Daniel Forstein, holds no positions in any stocks mentioned.
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