Oaktree Specialty Lending Corp’s recent filing unveils that its Director CALDWELL PHYLLIS R acquired Company’s shares for reported $16009.0 on Sep 20 ’24. In the deal valued at $16.01 per share,1,000 shares were bought. As a result of this transaction, CALDWELL PHYLLIS R now holds 13,500 shares worth roughly $0.21 million.
Then, CALDWELL PHYLLIS R bought 1,334 shares, generating $21,726 in total proceeds. Upon buying the shares at $16.29, the Director now owns 12,500 shares.
B. Riley Securities downgraded its Oaktree Specialty Lending Corp [OCSL] rating to a Sell from a a Neutral in a research note published recently. A number of analysts have revised their coverage, including JP Morgan’s analysts, who decreased its forecast for the stock in mid November from “an Overweight” to “a Neutral”. JMP Securities also remained covering OCSL and has decreased its forecast on November 19, 2024 with a “Mkt perform” recommendation from previously “Mkt outperform” rating. Wells Fargo revised its rating on August 26, 2024. It rated OCSL as “an Equal weight” which previously was an “an Overweight”.
Price Performance Review of OCSL
On Friday, Oaktree Specialty Lending Corp [NASDAQ:OCSL] saw its stock fall -0.75% to $15.91. Over the last five days, the stock has gained 0.82%. Oaktree Specialty Lending Corp shares have risen nearly 4.12% since the year began. Nevertheless, the stocks have fallen -20.29% over the past one year. While a 52-week high of $20.43 was reached on 02/21/25, a 52-week low of $14.89 was recorded on 01/13/25. SMA at 50 days reached $15.57, while 200 days put it at $16.90.
Levels Of Support And Resistance For OCSL Stock
The 24-hour chart illustrates a support level at 15.83, which if violated will result in even more drops to 15.76. On the upside, there is a resistance level at 16.05. A further resistance level may holdings at 16.20. The Relative Strength Index (RSI) on the 14-day chart is 55.22, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 0.25, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bullish at 23.47%. Stochastics %K at 86.72% indicates the stock is a selling.