Large Outflow of Money Witnessed in Capital One Financial Corporation

Capital One Financial Corporation (COF) : The value of composite uptick trades was $47.53 million, whereas, the value of composite downtick trades was $55.36 million. The uptick to downtick ratio stood at 0.86 with a negative money flow of ($7.83) Million during Tuesdays trading session. The block trades money flow was negative ($10.99 million).The uptick to the downtick ratio of 0.39 in block trades signals that the large investors have utilized the rise in the stock to sell.The uptick transaction value stood at $6.99 million. The transaction of the trades on downticks amounted to $17.98 million, which confirms investors selling on the strength of price. Capital One Financial Corporation (COF) gained 159 cents at $67.85, an increase of 2.4% over the previous days close.


The company Insiders own 1.94% of Capital One Financial Corporation shares according to the proxy statements. Institutional Investors own 90.6% 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 an insider trading activity, Blackley Richard Scott, officer (Principal Accounting Officer) of Capital One Financial Corp, unloaded 5,239 shares at an average price of $66.61 on March 1, 2016. The total amount of the transaction was worth $348,970, according to the disclosed information with the Securities and Exchange Commission in a Form 4 filing.

Shares of Capital One Financial Corporation appreciated by 11.49% during the last five trading days but lost 3.13% on a 4-week basis. Capital One Financial Corporation has dropped 0.11% during the last 3-month period . Year-to-Date the stock performance stands at -4.85%.

Capital One Financial Corporation (NYSE:COF): stock turned positive on Tuesday. Though the stock opened at $67.03, the bulls momentum made the stock top out at $68.11 level for the day. The stock recorded a low of $66.9901 and closed the trading day at $67.85, in the green by 2.40%. The total traded volume for the day was 4,975,376. The stock had closed at $66.26 in the previous days trading.

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.

Leave a Reply

Get Pre-Market Alerts!

Get Pre-Market Analysts' Upgrades, Downgrades, Earnings & Initiations with our FREE daily email newsletter.