GSV Capital Corp (NASDAQ:GSVC) is scheduled to announce its earnings results after the market closes on Wednesday, November 8th. Analysts expect the company to announce earnings of ($0.09) per share for the quarter.
GSV Capital Corp (NASDAQ:GSVC) last released its quarterly earnings data on Tuesday, August 8th. The investment management company reported ($0.27) EPS for the quarter, missing the Zacks’ consensus estimate of ($0.20) by ($0.07). The company had revenue of $370.59 million for the quarter. GSV Capital Corp had a negative return on equity of 5.43% and a negative net margin of 1,701.22%. On average, analysts expect GSV Capital Corp to post $0 EPS for the current fiscal year and $0 EPS for the next fiscal year.
Shares of GSV Capital Corp (GSVC) traded up $0.08 during trading on Monday, hitting $5.60. 7,580 shares of the stock were exchanged, compared to its average volume of 78,855. GSV Capital Corp has a 52 week low of $3.83 and a 52 week high of $6.00. The company has a debt-to-equity ratio of 0.38, a current ratio of 0.03 and a quick ratio of 0.03.
GSV Capital Corp announced that its Board of Directors has initiated a share buyback plan on Tuesday, August 8th that allows the company to repurchase $5.00 million in shares. This repurchase authorization allows the investment management company to reacquire shares of its stock through open market purchases. Shares repurchase plans are usually an indication that the company’s board believes its stock is undervalued.
Separately, ValuEngine raised shares of GSV Capital Corp from a “hold” rating to a “buy” rating in a research report on Friday, September 1st.
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In other news, CEO Mark D. Klein purchased 10,000 shares of GSV Capital Corp stock in a transaction dated Wednesday, September 27th. The shares were bought at an average cost of $5.02 per share, for a total transaction of $50,200.00. Following the completion of the acquisition, the chief executive officer now owns 97,340 shares in the company, valued at approximately $488,646.80. The acquisition was disclosed in a filing with the SEC, which is available through the SEC website. Also, Director Marc Mazur purchased 6,000 shares of GSV Capital Corp stock in a transaction dated Monday, August 14th. The shares were purchased at an average price of $4.45 per share, for a total transaction of $26,700.00. Following the completion of the acquisition, the director now owns 6,000 shares of the company’s stock, valued at approximately $26,700. The disclosure for this purchase can be found here. In the last ninety days, insiders purchased 77,772 shares of company stock valued at $392,602. 0.70% of the stock is owned by insiders.
GSV Capital Corp Company Profile
GSV Capital Corp. (GSV Capital) is an externally managed, non-diversified closed-end management investment company. The Company’s investment objective is to maximize its portfolio’s total return, principally by seeking capital gains on its equity and equity-related investments. The Company invests principally in the equity securities, which are venture-capital-backed emerging companies.
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