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Are AGNC Investment Corp. (AGNC)’s Recent Ownership and Insider Trends a Sign of Things to Come?

Recent insider trends for AGNC Investment Corp. (NASDAQ:AGNC) have caught the attention of investors. Insider activity is often a strong indicator of future performance in a stock, and if the data on AGNC is anything to go by, investors should pay attention.

Institutions own 62.27% of AGNC Investment Corp. (AGNC)’s shares. The total value of these holdings, in millions, is $4,764. Among active positions in the latest quarter, 214 holders increased their positions by a total of 56.19 million shares, 114 holders decreased the positions by a total of 13.08 million shares, and 50 holders held their positions. This works out to a net increase in ownership of 43.12 million shares, and suggests that institutions are feeling bullish about the stock.

Among new and sold out positions, 50 holders initiated new positions by a total of 8 million shares and 29 holders exited their positions by a total of 1.37 million shares. This nets out to an increase of 6.63 million shares and is a bullish sign for AGNC.

Insider ownership increased by a total of 0 shares, which suggests that AGNC’s key executives are feeling more optimistic about the outlook for the stock. The data from the past twelve months tells a similar story: insiders executed 13 buys and 4 sells, and ownership increased by a net of 283808 shares.



Analysts often look at short interest, or the number of shares currently being shorted by investors, to aid in their outlook for a particular stock. AGNC Investment Corp. (NASDAQ:AGNC)’s short interest is 14 million shares, or 4.25% of the float. This represents a decrease of -13% in the number of shares being shorted compared to the previous reading, and implies that investors felt less pessimistic about the stock during the past two weeks.

Ownership trends and trading patterns can be useful tools for predicting a stock’s performance, but it’s also important to consider the technicals in order to form a more comprehensive view. A composite of 13 technical indicators that includes measures such as moving averages and momentum oscillators suggests that AGNC is a Strong sell, which implies that AGNC is expected to underperform the market based on prior trading patterns.

Conclusion




Institutional ownership trends suggest that the stock is cheap and the insider trading data indicates that insiders are bullish. Technical indicators (also) suggest that AGNC Investment Corp. (NASDAQ:AGNC) is overvalued.

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