In a filing, Blue Owl Capital Inc revealed its 10% Owner NBSH Blue Investments II, LLC acquired Company’s shares for reported $57.87 million on Dec 02 ’24. In the deal valued at $23.04 per share,2,511,659 shares were bought.
Then, Blue Owl Exchange LP bought 1,700,000 shares, generating $40,341,000 in total proceeds.
Before that, Dyal Capital Partners IV Holdi bought 30,166,206 shares. Blue Owl Capital Inc shares valued at $705,889,220 were divested by the Affiliate at a price of $23.40 per share.
Goldman downgraded its Blue Owl Capital Inc [OWL] rating to a Neutral from a a Buy in a research note published on January 06, 2025; the price target was decreased to $24.75 from $25. A number of analysts have revised their coverage, including Wells Fargo’s analysts, who began to cover the stock in mid September with a ‘”an Equal weight”‘ rating. Oppenheimer also remained covering OWL and has increased its forecast on August 02, 2024 with a “an Outperform” recommendation from previously “Perform” rating. TD Cowen revised its rating on July 08, 2024. It rated OWL as “a Hold” which previously was an “a Buy”.
Price Performance Review of OWL
On Tuesday, Blue Owl Capital Inc [NYSE:OWL] saw its stock fall -3.50% to $22.64. Over the last five days, the stock has lost -3.21%. Blue Owl Capital Inc shares have fallen nearly -2.67% since the year began. Nevertheless, the stocks have risen 53.91% over the past one year. While a 52-week high of $25.03 was reached on 01/06/25, a 52-week low of $14.42 was recorded on 01/07/25. SMA at 50 days reached $23.35, while 200 days put it at $19.75.
Levels Of Support And Resistance For OWL Stock
The 24-hour chart illustrates a support level at 22.08, which if violated will result in even more drops to 21.51. On the upside, there is a resistance level at 23.36. A further resistance level may holdings at 24.07. The Relative Strength Index (RSI) on the 14-day chart is 41.78, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -0.16, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 83.92%. Stochastics %K at 35.49% indicates the stock is a holding.
How much short interest is there in Blue Owl Capital Inc?
A steep rise in short interest was recorded in Blue Owl Capital Inc stocks on 2024-12-13, dropping by -2.62 million shares to a total of 34.24 million shares. Yahoo Finance data shows the prior-month short interest on 2024-11-15 was 36.86 million shares. There was a decline of -7.67%, which implies that there is a negative sentiment for the stock.
