KD Logo

The Potential Rise in the Price of FS KKR Capital Corp (FSK) following insiders activity

FS KKR Capital Corp’s recent filing unveils that its Director Hopkins Jerel A acquired Company’s shares for reported $10732.0 on Dec 06 ’24. In the deal valued at $21.46 per share,500 shares were bought. As a result of this transaction, Hopkins Jerel A now holds 8,642 shares worth roughly $0.18 million.

Then, Pietrzak Daniel bought 5,000 shares, generating $106,550 in total proceeds. Upon buying the shares at $21.31, the Co-President and CIO now owns 49,800 shares.

Before that, Sandler Elizabeth bought 1,000 shares. FS KKR Capital Corp shares valued at $21,230 were divested by the Director at a price of $21.23 per share. As a result of the transaction, Sandler Elizabeth now holds 7,700 shares, worth roughly $0.16 million.

A number of analysts have revised their coverage, including Wells Fargo’s analysts, who decreased its forecast for the stock in mid March from “an Equal weight” to “an Underweight”. B. Riley Securities also remained covering FSK and has decreased its forecast on December 11, 2024 with a “Neutral” recommendation from previously “Buy” rating. Wells Fargo revised its rating on December 02, 2024. It rated FSK as “an Equal weight” which previously was an “an Overweight”.

Price Performance Review of FSK

On Friday, FS KKR Capital Corp [NYSE:FSK] saw its stock jump 1.20% to $21.17. Over the last five days, the stock has gained 6.33%. FS KKR Capital Corp shares have fallen nearly -2.26% since the year began. Nevertheless, the stocks have risen 6.38% over the past one year. While a 52-week high of $24.03 was reached on 02/19/25, a 52-week low of $17.42 was recorded on 04/09/25. SMA at 50 days reached $20.32, while 200 days put it at $20.93.

Levels Of Support And Resistance For FSK Stock

The 24-hour chart illustrates a support level at 21.00, which if violated will result in even more drops to 20.84. On the upside, there is a resistance level at 21.29. A further resistance level may holdings at 21.42. The Relative Strength Index (RSI) on the 14-day chart is 62.26, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 0.82, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bullish at 4.17%. Stochastics %K at 94.80% indicates the stock is a selling.

Most Popular