In yesterday’s Wall Street session, AGNC Investment Corp (NASDAQ:AGNC) shares traded at $9.79, up 1.14% from the previous session.
AGNC stock price is now 2.88% away from the 50-day moving average and -0.15% away from the 200-day moving average. The market capitalization of the company currently stands at $8.67B.
With the price target enhanced from $10 to $12, Wells Fargo Upgraded its rating from Equal Weight to Overweight for AGNC Investment Corp (NASDAQ: AGNC). , while ‘Janney’ rates the stock as ‘Buy’
In other news, Bell Bernice, Officer bought 5,000 shares of the company’s stock on Aug 08 ’24. The stock was bought for $50,358 at an average price of $10.07. An SEC document containing details of the transaction can be found on the SEC’s website. On Aug 07 ’24, EVP, CFO Bell Bernice sold 5,000 shares of the business’s stock. A total of $50,500 was realized by selling the stock at an average price of $10.10. This leaves the insider owning 303,182 shares of the company worth $2.97 million. A total of 0.71% of the company’s stock is owned by insiders.
During the past 12 months, AGNC Investment Corp has had a low of $8.92 and a high of $10.85. The fifty day moving average price for AGNC is $9.5134 and a two-hundred day moving average price translates $9.80465 for the stock.
The latest earnings results from AGNC Investment Corp (NASDAQ: AGNC) was released for 2024-09-30. The net profit margin was 246.04% and return on equity was 13.48% for AGNC. For the current quarter, analysts expect AGNC to generate $391.06M in revenue.
