Annaly Capital Management Inc’s recent filing unveils that its CEO and CIO Finkelstein David L unloaded Company’s shares for reported $0.96 million on Oct 28 ’24. In the deal valued at $19.25 per share,50,000 shares were sold. As a result of this transaction, Finkelstein David L now holds 562,469 shares worth roughly $11.19 million.
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Then, Finkelstein David L sold 50,000 shares, generating $1,002,500 in total proceeds. Upon selling the shares at $20.05, the CEO and CIO now owns 612,469 shares.
Before that, Green Anthony C sold 50,000 shares. Annaly Capital Management Inc shares valued at $1,002,500 were divested by the Chief Corporate Officer, CLO at a price of $20.05 per share. As a result of the transaction, Green Anthony C now holds 133,828 shares, worth roughly $2.66 million.
Argus upgraded its Annaly Capital Management Inc [NLY] rating to a Buy from a a Hold in a research note published recently. A number of analysts have revised their coverage, including Wells Fargo’s analysts, who increased its forecast for the stock in mid September from “an Equal weight” to “an Overweight”. Janney began covering NLY with “Buy” recommendation on June 06, 2024. Compass Point started covering the stock on April 02, 2024. It rated NLY as “a Buy”.
Price Performance Review of NLY
On Monday, Annaly Capital Management Inc [NYSE:NLY] saw its stock jump 0.25% to $19.89. Over the last five days, the stock has lost -0.15%. Annaly Capital Management Inc shares have risen nearly 2.68% since the year began. Nevertheless, the stocks have risen 10.19% over the past one year. While a 52-week high of $21.11 was reached on 09/19/24, a 52-week low of $17.67 was recorded on 04/16/24. SMA at 50 days reached $19.65, while 200 days put it at $19.68.
Levels Of Support And Resistance For NLY Stock
The 24-hour chart illustrates a support level at 19.73, which if violated will result in even more drops to 19.58. On the upside, there is a resistance level at 20.07. A further resistance level may holdings at 20.26. The Relative Strength Index (RSI) on the 14-day chart is 54.93, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 0.01, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bullish at 28.38%. Stochastics %K at 58.91% indicates the stock is a holding.
How much short interest is there in Annaly Capital Management Inc?
A steep rise in short interest was recorded in Annaly Capital Management Inc stocks on 2024-11-15, growing by 1.76 million shares to a total of 11.29 million shares. Yahoo Finance data shows the prior-month short interest on 2024-10-15 was 9.54 million shares. There was a rise of 15.55%, which implies that there is a positive sentiment for the stock.
