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Capital One Financial Corp. (COF) gets rating Upgrade from Wolfe Research

CHWY Stock

In a filing, Capital One Financial Corp. revealed its Chief Enterprise Srvcs Officer LaPrade,III Frank G. unloaded Company’s shares for reported $5.17 million on Dec 14 ’23. In the deal valued at $130.00 per share,39,760 shares were sold. As a result of this transaction, LaPrade,III Frank G. now holds 43,186 shares worth roughly $6.01 million.

Then, Alexander Robert M. sold 7,998 shares, generating $1,039,740 in total proceeds. Upon selling the shares at $130.00, the Chief Information Officer now owns 67,040 shares.

Before that, HACKETT ANN F sold 3,000 shares. Capital One Financial Corp. shares valued at $390,000 were divested by the Director at a price of $130.00 per share. As a result of the transaction, HACKETT ANN F now holds 0 shares, worth roughly $0.0.

Wolfe Research upgraded its Capital One Financial Corp. [COF] rating to an Outperform from a a Peer perform in a research note published recently. A number of analysts have revised their coverage, including Wolfe Research’s analysts, who increased its forecast for the stock in late January from “an Underperform” to “a Peer perform”. Deutsche Bank began covering COF with “Hold” recommendation on January 10, 2024. BMO Capital Markets revised its rating on January 10, 2024. It rated COF as “a Market perform” which previously was an “an Outperform”.

Price Performance Review of COF

On Monday, Capital One Financial Corp. [NYSE:COF] saw its stock fall -0.32% to $139.18. Over the last five days, the stock has lost -3.29%. Capital One Financial Corp. shares have risen nearly 6.15% since the year began. Nevertheless, the stocks have risen 45.16% over the past one year. While a 52-week high of $149.27 was reached on 03/28/24, a 52-week low of $83.93 was recorded on 01/18/24. SMA at 50 days reached $138.67, while 200 days put it at $117.87. A total of 2.86 million shares were traded, compared to the trading of 2.53 million shares in the previous session.

Levels Of Support And Resistance For COF Stock

The 24-hour chart illustrates a support level at 137.41, which if violated will result in even more drops to 135.64. On the upside, there is a resistance level at 141.69. A further resistance level may holdings at 144.19. The Relative Strength Index (RSI) on the 14-day chart is 46.02, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -3.10, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 86.49%. Stochastics %K at 18.08% indicates the stock is a buying.

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