Stocks of AGNC Investment Corp [AGNC] are gaining investors’ attention: here’s why

In yesterday’s Wall Street session, AGNC Investment Corp (NASDAQ:AGNC) shares traded at $9.76, down -0.31% from the previous session.

AGNC stock price is now 2.39% away from the 50-day moving average and 4.25% away from the 200-day moving average. The market capitalization of the company currently stands at $7.18B.

Top 5 Artificial Intelligence Stocks to Buy for 2024

By now, you're well aware of the artificial intelligence boom. You know Big Tech has been investing billions of dollars into it. According to Next Move Strategy Consulting, the AI market – currently valued at about $100 billion – cold grow twenty-fold by 2030 to more than $2 trillion. That means you may want to strongly consider these top AI stocks. Get our free report, "Top 5 AI Stocks to Buy in 2024."

Click here to automatically get the our FREE Report & Special Offer "5 Best AI Stocks to Invest In"

Sponsored

With the price target of $10.50, Janney recently initiated with Buy rating for AGNC Investment Corp (NASDAQ: AGNC). On February 20, 2024, Compass Point recently initiated its ‘Buy’ rating on the stock quoting a target price of $10.25, while ‘UBS’ rates the stock as ‘Neutral’

In other news, BLANK DONNA, Director sold 9,223 shares of the company’s stock on May 14 ’24. The stock was sold for $89,832 at an average price of $9.74. Upon completion of the transaction, the Director now directly owns 77,319 shares in the company, valued at $0.75 million. An SEC document containing details of the transaction can be found on the SEC’s website. On May 07 ’24, EVP, CFO Bell Bernice sold 1,500 shares of the business’s stock. A total of $14,475 was realized by selling the stock at an average price of $9.65. This leaves the insider owning 306,473 shares of the company worth $2.99 million. A total of 0.85% of the company’s stock is owned by insiders.

During the past 12 months, AGNC Investment Corp has had a low of $6.81 and a high of $10.64. The fifty day moving average price for AGNC is $9.541 and a two-hundred day moving average price translates $9.3623 for the stock.

The latest earnings results from AGNC Investment Corp (NASDAQ: AGNC) was released for 2024-03-31. The net profit margin was 21.61% and return on equity was 9.15% for AGNC.

Related Posts