Sutter Rock Capital Corp. (NASDAQ:SSSS) major shareholder Robert S. Birch purchased 50,000 shares of the business’s stock in a transaction that occurred on Friday, March 20th. The stock was acquired at an average price of $4.37 per share, for a total transaction of $218,500.00. Following the purchase, the insider now owns 2,196,176 shares of the company’s stock, valued at approximately $9,597,289.12. The purchase was disclosed in a legal filing with the SEC, which can be accessed through this link. Major shareholders that own more than 10% of a company’s stock are required to disclose their sales and purchases with the SEC.

NASDAQ:SSSS opened at $4.44 on Thursday. The company has a current ratio of 0.94, a quick ratio of 0.94 and a debt-to-equity ratio of 0.19. Sutter Rock Capital Corp. has a one year low of $3.60 and a one year high of $8.39. The business’s 50-day simple moving average is $5.86 and its 200 day simple moving average is $6.40.

Sutter Rock Capital (NASDAQ:SSSS) last released its quarterly earnings results on Tuesday, March 10th. The company reported ($0.14) EPS for the quarter. The business had revenue of $0.40 million during the quarter. Sutter Rock Capital had a negative return on equity of 4.51% and a net margin of 1,602.27%.

Several research analysts recently commented on SSSS shares. TheStreet upgraded Sutter Rock Capital from a “c” rating to a “b” rating in a research note on Wednesday, November 27th. Barrington Research reiterated a “buy” rating and issued a $10.00 price target on shares of Sutter Rock Capital in a research note on Thursday, March 12th.

Institutional investors have recently made changes to their positions in the stock. Bank of New York Mellon Corp bought a new position in Sutter Rock Capital during the fourth quarter worth $101,000. Bulldog Investors LLC bought a new stake in Sutter Rock Capital in the fourth quarter valued at $625,000. Oxford Asset Management LLP bought a new stake in Sutter Rock Capital in the fourth quarter valued at $109,000. Trexquant Investment LP lifted its stake in Sutter Rock Capital by 28.1% in the fourth quarter. Trexquant Investment LP now owns 17,602 shares of the company’s stock valued at $115,000 after buying an additional 3,866 shares during the last quarter. Finally, Virtu Financial LLC bought a new stake in Sutter Rock Capital in the fourth quarter valued at $69,000. 21.23% of the stock is owned by hedge funds and other institutional investors.

About Sutter Rock Capital

Sutter Rock Capital Corp. is specializing in growth capital, B round and beyond, emerging growth, and pre-IPO investments in late stage venture-backed private companies. It makes direct (primary rounds) investments in companies and also makes secondary direct investments. The fund may also invest in select publicly-traded equity securities of companies that otherwise meet its investment criteria.

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Insider Buying and Selling by Quarter for Sutter Rock Capital (NASDAQ:SSSS)

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