The buying and selling of stock by a company’s insider give investors a sense that the stock will rise or fall in the future. FS KKR Capital Corp shares valued at $9,727 were purchased by Hopkins Jerel A on Jun 10 ’24. At $20.70 per share, Hopkins Jerel A acquired 470 shares. The insider’s holdings grew to 8,125 shares worth approximately $0.16 million following the completion of this transaction.
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Also, Adams Barbara purchased 3,381 shares, netting a total of over 67,957 in proceeds. Following the buying of shares at $20.10 each, the insider now holds 22,082 shares.
Before that, Sandler Elizabeth had added 1,000 shares to its account. In a trade valued at $20,070, the Director bought FS KKR Capital Corp shares for $20.07 each. Upon closing the transaction, the insider’s holdings increased to 1,000 shares, worth approximately $0.13 million.
As published in a research note from Wells Fargo on May 29, 2024, FS KKR Capital Corp [FSK] has been rated up from an Equal weight to an Overweight and the price target has been revised to $21 from $19. Analysts at Hovde Group downgraded the stock from ‘”an Outperform”‘ to ‘”a Market perform”‘ outlook in a report released in late February. As of February 27, 2024, Compass Point has decreased its “Buy” rating to a “Neutral” for FSK. Earlier on July 28, 2023, B. Riley Securities initiated its rating. Their recommendation was “a Buy” for FSK stock.
Analyzing FSK Stock Performance
During the last five days, there has been a surge of approximately 1.03%. Over the course of the year, FS KKR Capital Corp shares have dropped approximately -0.76%. Shares of the company reached a 52-week high of $20.99 on 01/04/24 and a 52-week low of $18.31 on 03/15/24. A 50-day SMA is recorded $19.77, while a 200-day SMA reached $19.71.
Support And Resistance Levels for FS KKR Capital Corp (FSK)
According to the 24-hour chart, there is a support level at 19.49, which, if violated, would cause prices to drop to 19.38. In the upper region, resistance lies at 19.72. The next price resistance is at 19.83. RSI (Relative Strength Index) is 44.47 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at -0.24, which suggests the price will decrease in the coming days. Percent R is at 76.87%, indicating bearish price movement. Stochastics%K at holding indicates that the stock is to be held.
