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.
A number of analysts have revised their coverage, including TD Cowen’s analysts, who increased its forecast for the stock in mid January from “a Hold” to “a Buy”. Goldman also remained covering OWL and has decreased its forecast on January 06, 2025 with a “Neutral” recommendation from previously “Buy” rating. Wells Fargo started covering the stock on September 12, 2024. It rated OWL as “an Equal weight”.
Price Performance Review of OWL
On Monday, Blue Owl Capital Inc [NYSE:OWL] saw its stock fall -5.13% to $25.31. Over the last five days, the stock has gained 4.24%. Blue Owl Capital Inc shares have risen nearly 8.81% since the year began. Nevertheless, the stocks have risen 62.66% over the past one year. While a 52-week high of $26.73 was reached on 01/24/25, a 52-week low of $15.18 was recorded on 01/13/25. SMA at 50 days reached $23.73, while 200 days put it at $20.06.
Levels Of Support And Resistance For OWL Stock
The 24-hour chart illustrates a support level at 24.71, which if violated will result in even more drops to 24.10. On the upside, there is a resistance level at 25.96. A further resistance level may holdings at 26.60. The Relative Strength Index (RSI) on the 14-day chart is 58.78, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 2.05, which suggests price will go up in the next trading period. Percent R suggests that price movement has been bullish at 29.57%. Stochastics %K at 89.03% indicates the stock is a selling.
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 2024-12-31, growing by 1.23 million shares to a total of 34.18 million shares. Yahoo Finance data shows the prior-month short interest on 2024-11-29 was 32.94 million shares. There was a rise of 3.6%, which implies that there is a positive sentiment for the stock.
