American Capital Agency (AGNC) : During the past 4 weeks, traders have been relatively bearish on American Capital Agency (AGNC), hence the stock is down -2.93% when compared to the S&P 500 during the same period. However, in the past 1 week, the selling of the stock is down by -1.42% relative to the S&P 500. The stock has continued its bullish performance both in the near-term and the medium-term, as the stock is up 0.05% in the last 1 week, and is up 1.32% in the past 4 weeks. Buying continues as the stock moves higher, suggesting a strong appetite for the stock. The stock has recorded a 20-day Moving Average of 0.18% and the 50-Day Moving Average is 1.89%.
American Capital Agency (NASDAQ:AGNC): During Fridays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $19.22 and $19.16 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $19.28. The buying momentum continued till the end and the stock did not give up its gains. It closed at $19.25, notching a gain of 0.29% for the day. The total traded volume was 2,700,729 . The stock had closed at $19.20 on the previous day.
The company Insiders own 0.21% of American Capital Agency shares according to the proxy statements. In the past twelve weeks, the net percent change held by company insiders has changed by -30.48% . Institutional Investors own 60.77% of American Capital Agency shares. During last six month period, the net percent change held by insiders has seen a change of -32.83%. In a related news,The officer (Director, CEO, Pres. and CIO) of American Capital Agency Corp, Kain Gary D sold 368,953 shares at $19.55 on July 5, 2016. The Insider selling transaction had a total value worth of $7,213,031. The Insider information was disclosed with the Securities and Exchange Commission in a Form 4 filing.
American Capital Agency Corp. operates as a real estate investment trust (REIT) in the United States. The Companys income comes primarily from its investments in agency mortgage-backed securities (agency MBS). The Companys investments consist of residential mortgage pass-through securities and collateralized mortgage obligations (CMOs) guaranteed by a government-sponsored enterprise, such as the Federal National Mortgage Association (Fannie Mae) and the Federal Home Loan Mortgage Corporation (Freddie Mac), or by a United States Government agency, such as the Government National Mortgage Association (Ginnie Mae). It also invests in agency debenture securities issued by Freddie Mac, Fannie Mae or the Federal Home Loan Bank and in other agency securities. The Company is externally managed by American Capital AGNC Management, LLC, an affiliate of American Capital, Ltd.