TICC Capital Corp. (NASDAQ:TICC) insider Saul B. Rosenthal purchased 9,682 shares of the firm’s stock in a transaction that occurred on Wednesday, August 30th. The shares were acquired at an average price of $6.68 per share, for a total transaction of $64,675.76. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link.

Saul B. Rosenthal also recently made the following trade(s):

  • On Friday, August 25th, Saul B. Rosenthal purchased 7,650 shares of TICC Capital Corp. stock. The shares were acquired at an average price of $6.69 per share, for a total transaction of $51,178.50.
  • On Tuesday, August 22nd, Saul B. Rosenthal purchased 10,021 shares of TICC Capital Corp. stock. The shares were acquired at an average price of $6.66 per share, for a total transaction of $66,739.86.
  • On Monday, August 14th, Saul B. Rosenthal purchased 17,153 shares of TICC Capital Corp. stock. The shares were acquired at an average price of $6.61 per share, for a total transaction of $113,381.33.

TICC Capital Corp. (NASDAQ TICC) opened at 6.65 on Friday. The stock has a 50 day moving average price of $6.67 and a 200-day moving average price of $7.09. The firm has a market cap of $342.34 million, a P/E ratio of 3.75 and a beta of 0.69. TICC Capital Corp. has a 1-year low of $5.51 and a 1-year high of $8.19.

TICC Capital Corp. (NASDAQ:TICC) last issued its quarterly earnings data on Tuesday, August 8th. The investment management company reported $0.15 earnings per share for the quarter, missing the consensus estimate of $0.16 by $0.01. TICC Capital Corp. had a return on equity of 7.50% and a net margin of 142.50%. The business had revenue of $17.01 million during the quarter, compared to the consensus estimate of $14.60 million. During the same period in the prior year, the firm earned $0.32 EPS. Equities research analysts forecast that TICC Capital Corp. will post $0.62 EPS for the current year.

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Hedge funds have recently modified their holdings of the company. Dynamic Technology Lab Private Ltd boosted its stake in shares of TICC Capital Corp. by 444.1% in the second quarter. Dynamic Technology Lab Private Ltd now owns 126,523 shares of the investment management company’s stock valued at $802,000 after buying an additional 103,270 shares in the last quarter. Arrowstreet Capital Limited Partnership acquired a new stake in shares of TICC Capital Corp. during the second quarter valued at $693,000. Royal Bank of Canada boosted its stake in shares of TICC Capital Corp. by 2.1% in the second quarter. Royal Bank of Canada now owns 54,705 shares of the investment management company’s stock valued at $346,000 after buying an additional 1,110 shares in the last quarter. Virtu KCG Holdings LLC boosted its stake in shares of TICC Capital Corp. by 90.8% in the second quarter. Virtu KCG Holdings LLC now owns 40,996 shares of the investment management company’s stock valued at $260,000 after buying an additional 19,510 shares in the last quarter. Finally, Van ECK Associates Corp boosted its stake in shares of TICC Capital Corp. by 6.7% in the second quarter. Van ECK Associates Corp now owns 419,844 shares of the investment management company’s stock valued at $2,662,000 after buying an additional 26,181 shares in the last quarter. 17.45% of the stock is currently owned by institutional investors.

A number of research firms recently commented on TICC. TheStreet lowered TICC Capital Corp. from a “b” rating to a “c+” rating in a research report on Friday, June 2nd. National Securities reaffirmed a “sell” rating and set a $6.00 price objective on shares of TICC Capital Corp. in a report on Monday, August 14th. Zacks Investment Research downgraded TICC Capital Corp. from a “buy” rating to a “hold” rating in a report on Tuesday, July 11th. BidaskClub downgraded TICC Capital Corp. from a “sell” rating to a “strong sell” rating in a report on Tuesday, July 25th. Finally, Barclays PLC reaffirmed a “sell” rating and set a $6.00 price objective on shares of TICC Capital Corp. in a report on Wednesday, May 24th. Four research analysts have rated the stock with a sell rating and one has assigned a hold rating to the company. The stock currently has an average rating of “Sell” and an average target price of $6.75.

TICC Capital Corp. Company Profile

TICC Capital Corp. is a closed-end, non-diversified management investment company. The Company’s investment objective is to maximize its portfolio’s total return. The Company primarily focuses on seeking current income by investing primarily in corporate debt securities. The Company’s debt investments may include syndicated loans and bilateral loans.

Insider Buying and Selling by Quarter for TICC Capital Corp. (NASDAQ:TICC)

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