KD Logo

Investing in Capital One Financial Corp (COF) Is Getting More Attractive

In a filing, Capital One Financial Corp revealed its Chief Credit & Fin’l Risk Off. Zamsky Michael unloaded Company’s shares for reported $2.01 million on Nov 12 ’24. In the deal valued at $190.26 per share,10,541 shares were sold. As a result of this transaction, Zamsky Michael now holds 26,482 shares worth roughly $4.84 million.

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

Then, Young Andrew M sold 5,901 shares, generating $1,082,893 in total proceeds. Upon selling the shares at $183.51, the Chief Financial Officer now owns 28,974 shares.

Before that, West Kara sold 721 shares. Capital One Financial Corp shares valued at $133,189 were divested by the Chief Enterprise Risk Officer at a price of $184.73 per share. As a result of the transaction, West Kara now holds 12,929 shares, worth roughly $2.36 million.

BTIG Research initiated its Capital One Financial Corp [COF] rating to a Neutral in a research note published recently. A number of analysts have revised their coverage, including Jefferies’s analysts, who increased its forecast for the stock in early June from “a Hold” to “a Buy”. Wolfe Research also remained covering COF and has increased its forecast on April 04, 2024 with a “an Outperform” recommendation from previously “Peer perform” rating. Wolfe Research revised its rating on January 29, 2024. It rated COF as “a Peer perform” which previously was an “an Underperform”.

Price Performance Review of COF

On Monday, Capital One Financial Corp [NYSE:COF] saw its stock fall -1.23% to $182.86. Over the last five days, the stock has lost -3.86%. Capital One Financial Corp shares have risen nearly 39.46% since the year began. Nevertheless, the stocks have risen 74.14% over the past one year. While a 52-week high of $198.30 was reached on 11/06/24, a 52-week low of $104.21 was recorded on 01/18/24. SMA at 50 days reached $158.54, while 200 days put it at $144.66.

Levels Of Support And Resistance For COF Stock

The 24-hour chart illustrates a support level at 181.25, which if violated will result in even more drops to 179.65. On the upside, there is a resistance level at 185.28. A further resistance level may holdings at 187.71. The Relative Strength Index (RSI) on the 14-day chart is 62.58, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 5.43, which suggests price will go up in the next trading period. Percent R suggests that price movement has been low at 40.65%. Stochastics %K at 61.55% indicates the stock is a holding.

How much short interest is there in Capital One Financial Corp?

A steep rise in short interest was recorded in Capital One Financial Corp stocks on 2024-10-31, growing by 1.31 million shares to a total of 11.17 million shares. Yahoo Finance data shows the prior-month short interest on 2024-09-30 was 9.86 million shares. There was a rise of 11.73%, which implies that there is a positive sentiment for the stock.

The most recent change occurred on January 10, 2024 when Deutsche Bank began covering the stock and recommended ‘”a Hold”‘ rating along with a $153 price target.

Most Popular