Capital One Financial Corp.’s filing revealed that its Chief Enterprise Risk Officer West Kara unloaded Company’s shares for reported $0.17 million on May 02 ’24. In the deal valued at $141.87 per share,1,212 shares were sold. As a result of this transaction, West Kara now holds 13,590 shares worth roughly $1.95 million.
Then, Dean Lia sold 15,485 shares, generating $2,214,355 in total proceeds. Upon selling the shares at $143.00, the Pres, Banking & Prem. Products now owns 53,810 shares.
Before that, Golden Timothy P sold 8,656 shares. Capital One Financial Corp. shares valued at $1,246,775 were divested by the Controller at a price of $144.04 per share. As a result of the transaction, Golden Timothy P now holds 10,246 shares, worth roughly $1.47 million.
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 jump 0.65% to $143.33. Over the last five days, the stock has lost -1.49%. Capital One Financial Corp. shares have risen nearly 9.31% since the year began. Nevertheless, the stocks have risen 67.38% over the past one year. While a 52-week high of $149.94 was reached on 04/23/24, a 52-week low of $83.93 was recorded on 01/18/24. SMA at 50 days reached $141.06, while 200 days put it at $120.25. A total of 1.41 million shares were traded, compared to the trading of 1.64 million shares in the previous session.
Levels Of Support And Resistance For COF Stock
The 24-hour chart illustrates a support level at 142.57, which if violated will result in even more drops to 141.82. On the upside, there is a resistance level at 144.34. A further resistance level may holdings at 145.36. The Relative Strength Index (RSI) on the 14-day chart is 51.76, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -1.46, which suggests price will go down in the next trading period. Percent R suggests that price movement has been low at 49.24%. Stochastics %K at 45.47% indicates the stock is a holding.
