In this video, Motley Fool financial analysts Matt Koppenheffer and David Hanson discuss American Capital Agency's (AGNC +1.09%) decision to sell up to 57.5 million common shares, worth approximately $1.8 billion. Matt tells us that when you look at a mortgage REIT, the only way it differentiates itself from the competition is through the competence of its management. Though a move like this does return capital to shareholders, as the company recently bought back shares in November at a premium to what they are selling these shares for now, a transaction like this isn't free. The loss American Capital is going to take on this sale has to make investors wonder if management is really making the best decisions for the company.
American Capital Agency: Yes, This Is Concerning
By Matt Koppenheffer and David Hanson – Mar 1, 2013 at 4:31PM
NASDAQ: AGNC
AGNC Investment Corp.
Market Cap
$11B
Today's Change
(1.09%) $0.11
Current Price
$10.20
Price as of October 24, 2025 at 4:00 PM ET
This move by American Capital Agency can't possibly be good news.
About the Author
Matt is the head of the Coverage Team for The Motely Fool's premium products. Previously, he's been . Matt is a heavy user of AI tools and is working on harnessing them to help Fool members. Previously, Matt was GM of Motley Fool Ascent, led The Motley Fool Deutschland, has been an investor on various Fool services, and co-hosted the podcast "Where the Money Is". He also co-authored the book The Astonishing Collapse of MF Global. Matt started his career in San Francisco as a technology-focused investment banker and also worked at a $15 billion private equity company. When he's thinking about how to make Fools smarter, happier, and richer, you can usually find Matt running trails or making a mess in the kitchen. He's a graduate of the University of Pennsylvania, but is a lifelong fan of Penn State football.