TICC Capital Corp. (NASDAQ:TICC) CEO Jonathan H. Cohen purchased 5,077 shares of the firm’s stock in a transaction on Wednesday, August 30th. The shares were acquired at an average cost of $6.67 per share, for a total transaction of $33,863.59. The purchase was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink.

Jonathan H. Cohen also recently made the following trade(s):

  • On Tuesday, August 29th, Jonathan H. Cohen purchased 961 shares of TICC Capital Corp. stock. The shares were acquired at an average cost of $6.70 per share, for a total transaction of $6,438.70.
  • On Monday, August 28th, Jonathan H. Cohen purchased 3,645 shares of TICC Capital Corp. stock. The shares were acquired at an average cost of $6.69 per share, for a total transaction of $24,385.05.
  • On Friday, August 25th, Jonathan H. Cohen purchased 3,091 shares of TICC Capital Corp. stock. The shares were acquired at an average cost of $6.69 per share, for a total transaction of $20,678.79.
  • On Thursday, August 24th, Jonathan H. Cohen purchased 3,438 shares of TICC Capital Corp. stock. The shares were acquired at an average cost of $6.69 per share, for a total transaction of $23,000.22.
  • On Wednesday, August 23rd, Jonathan H. Cohen purchased 1,121 shares of TICC Capital Corp. stock. The shares were acquired at an average cost of $6.69 per share, for a total transaction of $7,499.49.

Shares of TICC Capital Corp. (TICC) traded up 0.15% on Wednesday, hitting $6.74. The stock had a trading volume of 236,482 shares. TICC Capital Corp. has a 12 month low of $5.51 and a 12 month high of $8.19. The firm has a market cap of $346.97 million, a P/E ratio of 3.80 and a beta of 0.69. The firm’s 50-day moving average price is $6.67 and its 200 day moving average price is $7.11.

TICC Capital Corp. (NASDAQ:TICC) last announced its earnings results on Tuesday, August 8th. The investment management company reported $0.15 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.16 by $0.01. The business had revenue of $17.01 million for the quarter, compared to analyst estimates of $14.60 million. TICC Capital Corp. had a return on equity of 7.50% and a net margin of 142.50%. During the same quarter in the previous year, the firm posted $0.32 EPS. Analysts anticipate that TICC Capital Corp. will post $0.62 EPS for the current fiscal year.

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TICC has been the topic of a number of recent analyst reports. National Securities reissued a “sell” rating and set a $6.00 price target on shares of TICC Capital Corp. in a report on Friday, May 12th. Barclays PLC restated a “sell” rating and set a $6.00 price objective on shares of TICC Capital Corp. in a research report on Wednesday, May 24th. TheStreet lowered TICC Capital Corp. from a “b” rating to a “c+” rating in a research report on Friday, June 2nd. Zacks Investment Research lowered TICC Capital Corp. from a “buy” rating to a “hold” rating in a research report on Tuesday, July 11th. Finally, BidaskClub lowered TICC Capital Corp. from a “sell” rating to a “strong sell” rating in a research report on Tuesday, July 25th. Four research analysts have rated the stock with a sell rating and one has given a hold rating to the stock. TICC Capital Corp. has a consensus rating of “Sell” and an average target price of $6.75.

A number of institutional investors have recently made changes to their positions in TICC. Koch Industries Inc. acquired a new position in shares of TICC Capital Corp. during the first quarter worth about $137,000. Legal & General Group Plc boosted its position in shares of TICC Capital Corp. by 4.5% in the first quarter. Legal & General Group Plc now owns 120,128 shares of the investment management company’s stock worth $886,000 after buying an additional 5,210 shares during the last quarter. Stephens Inc. AR boosted its position in shares of TICC Capital Corp. by 37.4% in the first quarter. Stephens Inc. AR now owns 22,060 shares of the investment management company’s stock worth $163,000 after buying an additional 6,000 shares during the last quarter. Van ECK Associates Corp boosted its position in shares of TICC Capital Corp. by 29.0% in the first quarter. Van ECK Associates Corp now owns 393,663 shares of the investment management company’s stock worth $2,905,000 after buying an additional 88,544 shares during the last quarter. Finally, Muzinich & Co. Inc. boosted its position in shares of TICC Capital Corp. by 629.5% in the first quarter. Muzinich & Co. Inc. now owns 1,439,532 shares of the investment management company’s stock worth $10,624,000 after buying an additional 1,242,211 shares during the last quarter. Institutional investors own 17.45% of the company’s stock.

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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