Capital One Financial Corp. Insider Sells $736,798 in Stock (COF)
Capital One Financial Corp. (NYSE:COF) Insider Robert M. Alexander sold 9,240 shares of Capital One Financial Corp. stock on the open market in a transaction dated Thursday, June 5th. The shares were sold at an average price of $79.74, for a total transaction of $736,797.60. Following the transaction, the insider now directly owns 87,664 shares of the company’s stock, valued at approximately $6,990,327. The sale was disclosed in a legal filing with the SEC, which is available at this link.
COF has been the subject of a number of recent research reports. Analysts at Nomura upgraded shares of Capital One Financial Corp. from a “neutral” rating to a “buy” rating in a research note on Monday. They now have a $94.00 price target on the stock, up previously from $75.00. Separately, analysts at Zacks reiterated a “neutral” rating on shares of Capital One Financial Corp. in a research note on Monday, June 2nd. They now have a $83.00 price target on the stock. Finally, analysts at Rafferty Capital Markets upgraded shares of Capital One Financial Corp. from a “hold” rating to a “buy” rating in a research note on Monday, April 21st. They now have a $94.00 price target on the stock, up previously from $74.50. Five equities research analysts have rated the stock with a hold rating, eleven have given a buy rating and one has assigned a strong buy rating to the company’s stock. Capital One Financial Corp. currently has a consensus rating of “Buy” and a consensus price target of $83.56.
Capital One Financial Corp. (NYSE:COF) traded up 1.47% on Monday, hitting $81.99. The stock had a trading volume of 3,340,986 shares. Capital One Financial Corp. has a 1-year low of $59.81 and a 1-year high of $80.97. The stock’s 50-day moving average is $76.43 and its 200-day moving average is $74.1. The company has a market cap of $46.816 billion and a P/E ratio of 11.31.
Capital One Financial Corp. (NYSE:COF) last released its earnings data on Wednesday, April 16th. The company reported $1.96 EPS for the quarter, beating the Thomson Reuters consensus estimate of $1.67 by $0.29. The company had revenue of $5.37 billion for the quarter, compared to the consensus estimate of $5.45 billion. During the same quarter in the prior year, the company posted $1.79 earnings per share. The company’s quarterly revenue was down 3.3% on a year-over-year basis. On average, analysts predict that Capital One Financial Corp. will post $7.14 earnings per share for the current fiscal year.
Capital One Financial Corporation is a diversified financial services holding company with banking and non-banking subsidiaries.
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