KD Logo

Checking in on Blue Owl Capital Corp (OBDC) after recent insiders movement

Blue Owl Capital Corp’s filing revealed that its Director DAlelio Edward H acquired Company’s shares for reported $37550.0 on Aug 27 ’24. In the deal valued at $15.02 per share,2,500 shares were bought. As a result of this transaction, DAlelio Edward H now holds 9,016 shares worth roughly $0.14 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, Nicholson Logan bought 7,500 shares, generating $109,950 in total proceeds. Upon buying the shares at $14.66, the President now owns 10,000 shares.

Before that, Nicholson Logan bought 2,500 shares. Blue Owl Capital Corp shares valued at $36,650 were divested by the President at a price of $14.66 per share. As a result of the transaction, Nicholson Logan now holds 2,500 shares, worth roughly $38225.0.

Raymond James downgraded its Blue Owl Capital Corp [OBDC] rating to a Mkt perform from a an Outperform in a research note published recently. A number of analysts have revised their coverage, including Hovde Group’s analysts, who remained covering the stock and in early May has reiterated a ‘”an Outperform”‘ rating for it. B. Riley Securities also remained covering OBDC and has decreased its forecast on January 08, 2024 with a “Neutral” recommendation from previously “Buy” rating. B. Riley Securities started covering the stock on July 28, 2023. It rated OBDC as “a Buy”.

Price Performance Review of OBDC

On Monday, Blue Owl Capital Corp [NYSE:OBDC] saw its stock jump 0.46% to $15.29. Over the last five days, the stock has gained 0.79%. Blue Owl Capital Corp shares have risen nearly 5.22% since the year began. Nevertheless, the stocks have risen 5.94% over the past one year. While a 52-week high of $16.79 was reached on 06/03/24, a 52-week low of $13.88 was recorded on 08/05/24. SMA at 50 days reached $14.95, while 200 days put it at $15.33.

Levels Of Support And Resistance For OBDC Stock

The 24-hour chart illustrates a support level at 15.17, which if violated will result in even more drops to 15.06. On the upside, there is a resistance level at 15.37. A further resistance level may holdings at 15.44. The Relative Strength Index (RSI) on the 14-day chart is 62.81, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 0.18, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bullish at 5.56%. Stochastics %K at 83.82% indicates the stock is a selling.

How much short interest is there in Blue Owl Capital Corp?

A steep rise in short interest was recorded in Blue Owl Capital Corp stocks on 2024-11-15, dropping by 82513.0 shares to a total of 4.11 million shares. Yahoo Finance data shows the prior-month short interest on 2024-10-15 was 4.19 million shares. There was a decline of -2.01%, which implies that there is a negative sentiment for the stock.

Most Popular