The buying and selling of stock by a company’s insider give investors a sense that the stock will rise or fall in the future. Capitol Federal Financial shares valued at $22,320 were purchased by HUEY MORRIS J II on Mar 04 ’24. At $5.58 per share, HUEY MORRIS J II acquired 4,000 shares. The insider’s holdings grew to 275,000 shares worth approximately $1.47 million following the completion of this transaction.
Also, Jackson Rick C purchased 10,000 shares, netting a total of over 56,799 in proceeds. Following the buying of shares at $5.68 each, the insider now holds 181,428 shares.
Before that, HUEY MORRIS J II had added 5,000 shares to its account. In a trade valued at $28,500, the Director bought Capitol Federal Financial shares for $5.70 each. Upon closing the transaction, the insider’s holdings increased to 5,000 shares, worth approximately $1.44 million.
As published in their initiating research note from Sidoti on April 09, 2020, Capitol Federal Financial [CFFN] has been a Buy and the price target has been revised to $15. As of January 31, 2011, Stifel Nicolaus has initiated its “Buy” rating for CFFN.
Analyzing CFFN Stock Performance
During the last five days, there has been a drop of approximately -4.31%. Over the course of the year, Capitol Federal Financial shares have dropped approximately -17.36%. Shares of the company reached a 52-week high of $6.61 on 01/30/24 and a 52-week low of $5.15 on 04/10/24. A 50-day SMA is recorded $5.79, while a 200-day SMA reached $5.74. Nevertheless, trading volume fell to 0.82 million shares from 0.64 million shares the previous day.
Support And Resistance Levels for Capitol Federal Financial (CFFN)
According to the 24-hour chart, there is a support level at 5.24, which, if violated, would cause prices to drop to 5.16. In the upper region, resistance lies at 5.41. The next price resistance is at 5.50. RSI (Relative Strength Index) is 38.87 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at -0.22, which suggests the price will decrease in the coming days. Percent R is at 79.78%, indicating bearish price movement. Stochastics %K at buying indicates that the stock is to be held.
Is Capitol Federal Financial subject to short interest?
Stocks of Capitol Federal Financial saw a sharp rise in short interest on Mar 15, 2024 jumping by 0.54 million shares to 6.68 million. Data from Yahoo Finance shows that the short interest on Feb 15, 2024 was 6.14 million shares. A jump of 8.08% in short interest reflects a negative sentiment towards the stock. Despite the fact that short shares comprise just 7.04 of the overall float, the days-to-cover ratio (short ratio) jumped to 7.04.
