Investors can speculate about the future of a stock by watching how its insiders buy and sell stocks. Capital One Financial Corp shares valued at $2,005,492 were sold by Zamsky Michael on Nov 12 ’24. At $190.26 per share, Zamsky Michael sold 10,541 shares. The insider’s holdings dropped to 26,482 shares worth approximately $5.4 million following the completion of this transaction.
Also, Young Andrew M sold 5,901 shares, netting a total of over 1,082,893 in proceeds. Following the sale of shares at $183.51 each, the insider now holds 28,974 shares.
Before that, West Kara had sold 721 shares from its account. In a trade valued at $133,189, the Chief Enterprise Risk Officer traded Capital One Financial Corp shares for $184.73 each. Upon closing the transaction, the insider’s holdings decreased to 721 shares, worth approximately $2.64 million.
As published in a research note from HSBC Securities on January 14, 2025, Capital One Financial Corp [COF] has been rated up from a Reduce to a Hold and the price target has been revised to $176. Analysts at UBS upgraded the stock from ‘”a Neutral”‘ to ‘”a Buy”‘ outlook in a report released in mid January. As of January 06, 2025, Barclays has increased its “an Equal weight” rating to a “an Overweight” for COF. Earlier on December 09, 2024, BofA Securities downgraded its rating. Their new recommendation was “a Neutral” for COF stock which previously was a “a Buy”.
Analyzing COF Stock Performance
During the last five days, there has been a surge of approximately 1.48%. Over the course of the year, Capital One Financial Corp shares have jumped approximately 14.35%. Shares of the company reached a 52-week high of $207.24 on 01/23/25 and a 52-week low of $174.66 on 01/10/25. A 50-day SMA is recorded $186.18, while a 200-day SMA reached $155.85. Nevertheless, trading volume fell to 2.89 million shares from 3.5 million shares the previous day.
Support And Resistance Levels for Capital One Financial Corp (COF)
According to the 24-hour chart, there is a support level at 202.20, which, if violated, would cause prices to drop to 200.50. In the upper region, resistance lies at 205.95. The next price resistance is at 208.00. RSI (Relative Strength Index) is 71.12 on the 14-day chart, showing overbought technical sentiment. Moving Average Convergence Divergence (MACD) is at 10.19, which suggests the price will increase in the coming days. Percent R is at 10.22%, indicating bullish price movement. Stochastics %K at selling indicates that the stock is to be held.
