Matthew Cooper, Capital One general counsel, sells $686,770 in COF stock

Matthew W. Cooper, General Counsel and Corporate Secretary at Capital One Financial Corp (NYSE:COF), sold shares of the company’s common stock totaling $686,770 on October 6, 2026.

Mr. Cooper disposed of 3,500 shares at a price of $196.22 per share. This transaction was executed pursuant to a pre-arranged trading plan, known as a Rule 10b5-1 plan, which Mr. Cooper established on January 26, 2026.

Following this sale, Mr. Cooper directly holds 79,694 shares of Capital One Financial Corp common stock.The stock has since risen to $199.26, trading above Cooper’s sale price. According to InvestingPro analysis, Capital One appears undervalued at current levels, with the company maintaining a P/E ratio of 12.84 and a market capitalization of $122.24 billion. The platform reveals 8 additional InvestingPro Tips for COF, including insights on the company’s 32-year dividend payment streak and its position as a prominent player in the Consumer Finance industry.

In other recent news, Goldman Sachs reported that credit card issuers are expected to exceed loss forecasts for the third quarter, with August data showing stable delinquency trends and net charge-offs performing better than anticipated. The 30-day-plus delinquency rate was 3.57%, slightly up month-over-month but below expectations, while net charge-offs decreased to 4.33%, outperforming long-term expectations. Additionally, Goldman Sachs reviewed second-quarter earnings for fintech companies, noting slight upward revisions in revenue and earnings estimates for firms like Chime, Remitly, Par Technology, and Riskified, while Western Union, Fiserv, and Shift4 Payments saw negative revisions.

BTIG observed improvements in credit card trends during July, with net charge-offs and delinquency rates declining across most companies. The average net charge-off rate fell 46 basis points year-over-year to 4.4%, and delinquencies over 30 days improved by 22 basis points from the previous year. Wolfe Research noted a slowdown in balance growth for card issuers in July, attributing this to Prime Day timing, with growth at 3.0% year-over-year compared to 3.7% in June.

Meanwhile, Baird removed its Fresh Pick designation on Huntington Bancshares, maintaining an Outperform rating but lowering its 2027 earnings per share estimate to $1.80, below management’s guidance. Baird expressed concerns about the bank’s ability to meet targets without low provisions and strong fee performance. These developments provide investors with a comprehensive view of recent trends and analyst perspectives in the financial sector.