Investors can speculate about the future of a stock by watching how its insiders buy and sell stocks. Blue Owl Capital Corp shares valued at $45,210 were purchased by DAlelio Edward H on Mar 05 ’24. At $15.07 per share, DAlelio Edward H acquired 3,000 shares. The insider’s holdings grew to 6,217 shares worth approximately $98290.77 following the completion of this transaction.
Also, Temple Chris purchased 5,900 shares, netting a total of over 78,470 in proceeds. Following the buying of shares at $13.30 each, the insider now holds 36,000 shares.
Before that, Swatt Matthew had added 65 shares to its account. In a trade valued at $855, the Co-Treasurer and Co-Controller bought Blue Owl Capital Corp shares for $13.15 each. Upon closing the transaction, the insider’s holdings increased to 65 shares, worth approximately $37611.99.
As published in a research note from B. Riley Securities on January 08, 2024, Blue Owl Capital Corp [OBDC] has been rated down from a Buy to a Neutral and the price target has been revised to $15.50. Analysts at B. Riley Securities started covering the stock with ‘”a Buy”‘ outlook in a report released in late July. As of July 25, 2022, Wells Fargo has decreased its “an Equal weight” rating to a “an Underweight” for OBDC. Earlier on May 06, 2022, Hovde Group upgraded its rating. Their new recommendation was “an Outperform” for OBDC stock which previously was a “a Market perform”.
Analyzing OBDC Stock Performance
During the last five days, there has been a surge of approximately 3.00%. Over the course of the year, Blue Owl Capital Corp shares have jumped approximately 7.69%. Shares of the company reached a 52-week high of $15.85 on 04/24/24 and a 52-week low of $14.45 on 02/06/24. A 50-day SMA is recorded $15.27, while a 200-day SMA reached $14.47.
Support And Resistance Levels for Blue Owl Capital Corp (OBDC)
According to the 24-hour chart, there is a support level at 15.75, which, if violated, would cause prices to drop to 15.69. In the upper region, resistance lies at 15.86. The next price resistance is at 15.91. RSI (Relative Strength Index) is 65.77 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at 0.25, which suggests the price will decrease in the coming days. Percent R is at 6.67%, indicating bullish price movement. Stochastics %K at selling indicates that the stock is to be held.
