Annaly Capital Management Inc’s recent filing unveils that its CEO and Co-CIO Finkelstein David L unloaded Company’s shares for reported $1.03 million on Feb 10 ’25. In the deal valued at $20.60 per share,50,000 shares were sold. As a result of this transaction, Finkelstein David L now holds 677,465 shares worth roughly $14.66 million.
Then, David L. Finkelstein bought 100,000 shares, generating $2,062,000 in total proceeds.
Before that, Finkelstein David L sold 50,000 shares. Annaly Capital Management Inc shares valued at $962,500 were divested by the CEO and CIO at a price of $19.25 per share. As a result of the transaction, Finkelstein David L now holds 562,469 shares, worth roughly $12.17 million.
Barclays initiated its Annaly Capital Management Inc [NLY] rating to an Equal weight in a research note published on January 06, 2025; the price target was $19. A number of analysts have revised their coverage, including Argus’s analysts, who increased its forecast for the stock in late October from “a Hold” to “a Buy”. Wells Fargo also remained covering NLY and has increased its forecast on September 20, 2024 with a “an Overweight” recommendation from previously “an Equal weight” rating. Janney started covering the stock on June 06, 2024. It rated NLY as “a Buy”.
Price Performance Review of NLY
On Monday, Annaly Capital Management Inc [NYSE:NLY] saw its stock fall -1.46% to $21.64. Over the last five days, the stock has gained 0.28%. Annaly Capital Management Inc shares have risen nearly 18.25% since the year began. Nevertheless, the stocks have risen 15.41% over the past one year. While a 52-week high of $22.05 was reached on 02/26/25, a 52-week low of $17.67 was recorded on 01/13/25. SMA at 50 days reached $19.92, while 200 days put it at $19.87.
Levels Of Support And Resistance For NLY Stock
The 24-hour chart illustrates a support level at 21.42, which if violated will result in even more drops to 21.20. On the upside, there is a resistance level at 21.92. A further resistance level may holdings at 22.21. The Relative Strength Index (RSI) on the 14-day chart is 65.04, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 0.32, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bullish at 25.63%. Stochastics %K at 83.00% indicates the stock is a selling.
The most recent change occurred on April 02, 2024 when Compass Point began covering the stock and recommended ‘”a Buy”‘ rating along with a $22 price target.
