Capital One Stock Signals: Mixed Investor Activity

Snack-Sized Version:

Perigon Wealth Management significantly increased its stake in Capital One by 99.2% during the third quarter. This institutional buying provides a bullish signal for investors. However, insiders have been selling shares recently. For instance, they sold over 280,000 shares valued at $62.4 million in the last 90 days. The company also recently boosted its quarterly dividend to $0.80 per share. As a result, analysts maintain a “Moderate Buy” consensus on the stock. Overall, investors are weighing these mixed signals from institutions and insiders while collecting a higher dividend payment.

Read the Full Meal:

Institutional investors are showing confidence in Capital One Financial. For example, Perigon Wealth Management boosted its holdings by 99.2% in the third quarter. Several other large investors also recently increased their positions in the company. However, this bullish activity contrasts with recent insider transactions. Insiders sold 280,218 shares worth $62.4 million over the past 90 days. Specifically, CEO Richard Fairbank sold over 103,000 shares. In addition, the company recently raised its quarterly dividend to $0.80 per share. This move signals financial health and provides a higher yield for shareholders.

Institutional Buying Contrasts With Insider Selling

• Institutional Stake: Perigon Wealth Management increased its position in Capital One by 99.2% during the third quarter.
• Insider Selling: Consequently, insiders sold over 280,000 shares worth approximately $62.4 million in the last 90 days.
• CEO’s Sale: CEO Richard Fairbank sold 103,487 shares in a transaction dated November 4th.
• Risks: Therefore, the significant insider selling could signal a lack of confidence from company leadership.

Why this can matter for NYSE:COF holders

• Conflicting Signals: Therefore, investors must weigh bullish institutional buying against recent bearish insider selling activity.
• Income Growth: The company also recently boosted its quarterly dividend to $0.80, signaling confidence in its cash flow.
• Analyst View: Furthermore, Wall Street maintains a “Moderate Buy” consensus, suggesting analysts see further upside for the stock.

For more details, see COF SEC filings.

What to watch next

1. Next Earnings Report: Monitor the company’s next quarterly earnings report, which is typically released in late January or early February.
2. Insider Filings: Investors should also watch for new SEC Form 4 filings to track insider transaction trends.
3. Analyst Revisions: In addition, look for any updates to analyst price targets following recent stock performance.

Mini FAQ

What was a major institutional investment change for Capital One?
Perigon Wealth Management recently increased its stake in the company by 99.2% during the third quarter.

Did Capital One insiders buy or sell stock recently?
Yes, insiders sold a significant amount of stock. For example, they sold $62.4 million worth over the last 90 days.

What is Capital One’s current dividend?
The company recently raised its quarterly dividend to $0.80 per share. As a result, this represents an annualized rate of $3.20.

See Also

• Capital One Financial Corporation News Hub
• Aurora Insider Buys Shares Worth Over $1 Million
• Chord Energy Dividend Set for Dec 5 Payout