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Blue Owl Technology Finance Corp. ( (OTF) ) has issued an update.
In November, Blue Owl Technology Finance Corp. saw over $15 million in its common stock purchased by executives and employees of Blue Owl Capital Inc. or through its existing share repurchase program. This activity is part of OTF’s authorized plan to repurchase up to $200 million of its common stock, indicating strong internal confidence in the company’s value and potential positive implications for its market positioning.
The most recent analyst rating on (OTF) stock is a Hold with a $14.00 price target. To see the full list of analyst forecasts on Blue Owl Technology Finance Corp. stock, see the OTF Stock Forecast page.
More about Blue Owl Technology Finance Corp.
Average Trading Volume: 743,046
Technical Sentiment Signal: Strong Sell
Current Market Cap: $6.62B
See more data about OTF stock on TipRanks’ Stock Analysis page.