Investors can expect a company’s stock to rise or fall based on the buying and selling of stock by its insiders. AGNC Investment Corp shares valued at $50,475 were sold by SPARK FRANCES on Feb 05 ’25. At $10.10 per share, SPARK FRANCES sold 5,000 shares. The insider’s holdings dropped to 75,919 shares worth approximately $0.79 million following the completion of this transaction.
Also, SPARK FRANCES purchased 5,000 shares, netting a total of over 50,475 in proceeds.
Before that, Bell Bernice had sold 13,000 shares from its account. In a trade valued at $130,470, the EVP, CFO traded AGNC Investment Corp shares for $10.04 each. Upon closing the transaction, the insider’s holdings decreased to 13,000 shares, worth approximately $3.9 million.
As published in a research note from Wells Fargo on September 20, 2024, AGNC Investment Corp [AGNC] has been rated up from an Equal weight to an Overweight and the price target has been revised to $12 from $10. Analysts at Maxim Group downgraded the stock from ‘”a Buy”‘ to ‘”a Hold”‘ outlook in a report released in late July. As of June 06, 2024, Janney has initiated its “Buy” rating for AGNC. Earlier on February 20, 2024, Compass Point initiated its rating. Their recommendation was “a Buy” for AGNC stock.
Analyzing AGNC Stock Performance
During the last five days, there has been a surge of approximately 2.85%. Over the course of the year, AGNC Investment Corp shares have jumped approximately 13.68%. Shares of the company reached a 52-week high of $10.52 on 02/19/25 and a 52-week low of $8.96 on 01/13/25. A 50-day SMA is recorded $9.68, while a 200-day SMA reached $9.88. Nevertheless, trading volume fell to 15.98 million shares from 21.14 million shares the previous day.
Support And Resistance Levels for AGNC Investment Corp (AGNC)
According to the 24-hour chart, there is a support level at 10.43, which, if violated, would cause prices to drop to 10.40. In the upper region, resistance lies at 10.51. The next price resistance is at 10.56. RSI (Relative Strength Index) is 74.89 on the 14-day chart, showing overbought technical sentiment. Moving Average Convergence Divergence (MACD) is at 0.28, which suggests the price will decrease in the coming days. Percent R is at 6.02%, indicating bullish price movement. Stochastics %K at selling indicates that the stock is to be held.
