AGNC Investment Corp’s filing revealed that its Director Davis Morris A. unloaded Company’s shares for reported $0.15 million on Apr 24 ’24. In the deal valued at $9.32 per share,16,209 shares were sold. As a result of this transaction, Davis Morris A. now holds 62,241 shares worth roughly $0.58 million.
Then, SPARK FRANCES sold 5,000 shares, generating $46,750 in total proceeds. Upon selling the shares at $9.35, the Director now owns 75,545 shares.
Before that, Kuehl Christopher sold 65,000 shares. AGNC Investment Corp shares valued at $605,800 were divested by the EVP, Chief Investment Officer at a price of $9.32 per share. As a result of the transaction, Kuehl Christopher now holds 651,296 shares, worth roughly $6.02 million.
Compass Point initiated its AGNC Investment Corp [AGNC] rating to a Buy in a research note published on February 20, 2024; the price target was $10.25. Barclays began covering AGNC with “an Equal weight” recommendation on November 15, 2023. UBS revised its rating on September 18, 2023. It rated AGNC as “a Buy” which previously was an “a Neutral”.
Price Performance Review of AGNC
On Monday, AGNC Investment Corp [NASDAQ:AGNC] saw its stock fall -0.96% to $9.24. Over the last five days, the stock has gained 0.43%. AGNC Investment Corp shares have fallen nearly -5.81% since the year began. Nevertheless, the stocks have fallen -5.52% over the past one year. While a 52-week high of $10.64 was reached on 01/12/24, a 52-week low of $6.81 was recorded on 04/16/24. SMA at 50 days reached $9.53, while 200 days put it at $9.42. A total of 10.28 million shares were traded, compared to the trading of 11.67 million shares in the previous session.
Levels Of Support And Resistance For AGNC Stock
The 24-hour chart illustrates a support level at 9.20, which if violated will result in even more drops to 9.17. On the upside, there is a resistance level at 9.30. A further resistance level may holdings at 9.36. The Relative Strength Index (RSI) on the 14-day chart is 43.69, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 0.05, which suggests price will go down in the next trading period. Percent R suggests that price movement has been low at 56.16%. Stochastics %K at 42.91% indicates the stock is a holding.
