Investors can speculate about the future of a stock by watching how its insiders buy and sell stocks. Capital One Financial Corp. shares valued at $2,416,529 were sold by Karam Celia on May 08 ’24. At $142.88 per share, Karam Celia sold 16,913 shares. The insider’s holdings dropped to 47,081 shares worth approximately $6.42 million following the completion of this transaction.
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
Also, West Kara sold 1,212 shares, netting a total of over 171,946 in proceeds. Following the sale of shares at $141.87 each, the insider now holds 13,590 shares.
Before that, Dean Lia had sold 15,485 shares from its account. In a trade valued at $2,214,355, the Pres, Banking & Prem. Products traded Capital One Financial Corp. shares for $143.00 each. Upon closing the transaction, the insider’s holdings decreased to 15,485 shares, worth approximately $7.34 million.
As published in a research note from Jefferies on June 06, 2024, Capital One Financial Corp. [COF] has been rated up from a Hold to a Buy and the price target has been revised to $165 from $145. Analysts at Wolfe Research upgraded the stock from ‘”a Peer perform”‘ to ‘”an Outperform”‘ outlook in a report released in early April. As of January 29, 2024, Wolfe Research has increased its “an Underperform” rating to a “Peer perform” for COF. Earlier on January 10, 2024, Deutsche Bank initiated its rating. Their recommendation was “a Hold” for COF stock.
Analyzing COF Stock Performance
During the last five days, there has been a surge of approximately 0.14%. Over the course of the year, Capital One Financial Corp. shares have jumped approximately 4.00%. Shares of the company reached a 52-week high of $149.94 on 04/23/24 and a 52-week low of $123.23 on 01/18/24. A 50-day SMA is recorded $141.57, while a 200-day SMA reached $123.28. Nevertheless, trading volume fell to 2.38 million shares from 2.23 million shares the previous day.
Support And Resistance Levels for Capital One Financial Corp. (COF)
According to the 24-hour chart, there is a support level at 135.28, which, if violated, would cause prices to drop to 134.20. In the upper region, resistance lies at 138.04. The next price resistance is at 139.71. RSI (Relative Strength Index) is 40.73 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at -2.19, which suggests the price will decrease in the coming days. Percent R is at 67.43%, indicating low price movement. Stochastics %K at buying indicates that the stock is to be held.
