Capital One Financial Corporation (COF) : Traders are bullish on Capital One Financial Corporation (COF) as it has outperformed the S&P 500 by a wide margin of 1.72% in the past 4 weeks. The bullishness in the stock continues even in the near-term as the stock has returned an impressive 3.76%, 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 5.32% in the last 1 week, and is up 6.17% 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 6.97% and the 50-Day Moving Average is 0.53%.
Capital One Financial Corporation (NYSE:COF): The stock opened at $69.09 on Friday but the bulls could not build on the opening and the stock topped out at $69.18 for the day. The stock traded down to $67.72 during the day, due to lack of any buying support eventually closed down at $68.15 with a loss of -1.02% for the day. The stock had closed at $68.85 on the previous day. The total traded volume was 5,763,939 shares.
The company Insiders own 1.94% of Capital One Financial Corporation shares according to the proxy statements. Institutional Investors own 90.61% of Capital One Financial Corporation shares. During last six month period, the net percent change held by insiders has seen a change of -22.5%. In a related news, According to the information disclosed by the Securities and Exchange Commission in a Form 4 filing, the officer (Principal Accounting Officer) of Capital One Financial Corp, Blackley Richard Scott had sold 5,239 shares worth of $348,970 in a transaction dated March 1, 2016. In this transaction, 5,239 shares were sold at $66.61 per share.
Capital One Financial Corp is a diversified financial services holding company. The Company and its subsidiaries offer a range of financial products and services to consumers, small businesses and commercial clients through branches, the Internet and other distribution channels. In addition to bank lending, treasury management and depository services, the Company offers credit and debit card products, auto loans and mortgage banking in markets across the United States. The Company operates three primary business segments: Credit Card, Consumer Banking and Commercial Banking. The Companys principal subsidiaries include the following: Capital One Bank (USA), National Association (COBNA), which offers credit and debit card products, other lending products and deposit products, and Capital One, National Association (CONA), which offers a range of banking products and financial services to consumers, small businesses and commercial clients.