MVC Capital, Inc. (NYSE:MVC) Director Phillip Goldstein sold 5,291 shares of MVC Capital stock in a transaction on Friday, September 21st. The stock was sold at an average price of $9.75, for a total transaction of $51,587.25. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink.

Phillip Goldstein also recently made the following trade(s):

  • On Monday, September 24th, Phillip Goldstein sold 8,802 shares of MVC Capital stock. The stock was sold at an average price of $9.76, for a total transaction of $85,907.52.

Shares of NYSE MVC opened at $9.72 on Thursday. MVC Capital, Inc. has a twelve month low of $9.25 and a twelve month high of $10.97. The company has a debt-to-equity ratio of 0.48, a current ratio of 63.15 and a quick ratio of 63.15.

A number of research firms have commented on MVC. TheStreet raised shares of MVC Capital from a “c+” rating to a “b” rating in a report on Monday, June 4th. Maxim Group reaffirmed a “buy” rating and set a $12.50 target price on shares of MVC Capital in a report on Wednesday, June 13th. Zacks Investment Research raised shares of MVC Capital from a “sell” rating to a “hold” rating in a report on Tuesday, June 26th. Finally, ValuEngine lowered shares of MVC Capital from a “sell” rating to a “strong sell” rating in a report on Monday, July 2nd. Two analysts have rated the stock with a hold rating and two have issued a buy rating to the company’s stock. The company currently has an average rating of “Buy” and a consensus price target of $12.25.

Several hedge funds and other institutional investors have recently made changes to their positions in the company. Advisors Asset Management Inc. boosted its position in shares of MVC Capital by 32.0% during the second quarter. Advisors Asset Management Inc. now owns 153,202 shares of the investment management company’s stock worth $1,455,000 after purchasing an additional 37,128 shares in the last quarter. Arlington Financial Advisors LLC bought a new position in shares of MVC Capital during the second quarter worth $113,000. West Family Investments Inc. boosted its position in shares of MVC Capital by 8.6% during the second quarter. West Family Investments Inc. now owns 1,200,397 shares of the investment management company’s stock worth $11,404,000 after purchasing an additional 95,000 shares in the last quarter. Russell Investments Group Ltd. bought a new position in shares of MVC Capital during the second quarter worth $150,000. Finally, Legal & General Group Plc boosted its position in shares of MVC Capital by 11.9% during the first quarter. Legal & General Group Plc now owns 75,747 shares of the investment management company’s stock worth $754,000 after purchasing an additional 8,063 shares in the last quarter. 43.00% of the stock is currently owned by institutional investors.

About MVC Capital

MVC Capital, Inc is a business development company specializing in equity, acquisition financing, mezzanine financing, management buyouts, leveraged buildups, corporate partnerships, PIPE transactions, going private transactions, private company recapitalizations, operational turnarounds, and growth and expansion capital transaction financing.

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Insider Buying and Selling by Quarter for MVC Capital (NYSE:MVC)

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