American Capital Agency Corp (AGNC): Morris A. Davis , director of American Capital Agency Corp sold 3,323 shares on Jun 2, 2016. The Insider selling transaction was reported by the company on Jun 6, 2016 to the Securities and Exchange Commission. The shares were sold at $19.00 per share for a total value of $63,137.00 , the company said in a SEC Form 4 Filing.
Other Insider transactions have been reported by the company according to SEC Form 4, on Apr 4, 2016, Christopher Kuehl (Senior VP) sold 6,177 shares at $18.42 per share price.On Apr 4, 2016, Peter J Federico (SVP and Chief Risk Officer) sold 4,477 shares at $18.42 per share price.Also, On Mar 18, 2016, Gary D Kain (President and CIO) sold 47,956 shares at $18.12 per share price.On Mar 11, 2016, Bernice Bell (SVP and Chief Accounting Off.) sold 391 shares at $18.15 per share price.
American Capital Agency Corp.: On Friday, Jun 3, 2016 heightened volatility was witnessed in American Capital Agency Corp. which led to swings in the share price. The shares opened for trading at $19.05 and hit $19.12 on the upside , eventually ending the session at $19.07, with a gain of 0.37% or 0.07 points. The heightened volatility saw the trading volume jump to 39,81,132 shares. The 52-week high of the share price is $20.45 and the company has a market cap of $6,312 M . The 52-week low of the share price is at $15.69.
Company has been under the radar of several Street Analysts.American Capital Agency Corp. is Upgraded by Wunderlich to Buy and the brokerage firm has raised the Price Target to $ 23 from a previous price target of $19.50 .Earlier the firm had a rating of Hold on the company shares. The Rating was issued on May 23, 2016.American Capital Agency Corp. is Reiterated by RBC Capital Mkts to Outperform while Lowering the Price Target of the company shares to $ 22 from a previous price target of $23 . The Rating was issued on Apr 27, 2016.American Capital Agency Corp. is Reiterated by Maxim Group to Buy while Lowering the Price Target of the company shares to $ 22 from a previous price target of $23 . The Rating was issued on Apr 27, 2016.
American Capital Agency Corp. operates as a real estate investment trust (REIT) in the United States. The Company’s income comes primarily from its investments in agency mortgage-backed securities (agency MBS). The Company’s 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.