TICC Capital Corp. (TICC) Insider Saul B. Rosenthal Purchases 27,632 Shares

TICC Capital Corp. (NASDAQ:TICC) insider Saul B. Rosenthal acquired 27,632 shares of the business’s stock in a transaction dated Wednesday, December 13th. The shares were acquired at an average cost of $6.06 per share, with a total value of $167,449.92. The purchase was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink.

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

  • On Wednesday, December 13th, Saul B. Rosenthal acquired 4,445 shares of TICC Capital stock. The shares were acquired at an average cost of $5.94 per share, with a total value of $26,403.30.
  • On Monday, December 11th, Saul B. Rosenthal acquired 450 shares of TICC Capital stock. The shares were acquired at an average cost of $6.10 per share, with a total value of $2,745.00.
  • On Tuesday, November 21st, Saul B. Rosenthal acquired 1,050 shares of TICC Capital stock. The shares were acquired at an average cost of $6.09 per share, with a total value of $6,394.50.
  • On Wednesday, November 15th, Saul B. Rosenthal acquired 8,485 shares of TICC Capital stock. The shares were acquired at an average cost of $6.03 per share, with a total value of $51,164.55.
  • On Monday, November 13th, Saul B. Rosenthal acquired 12,916 shares of TICC Capital stock. The shares were acquired at an average cost of $6.02 per share, with a total value of $77,754.32.
  • On Wednesday, November 8th, Saul B. Rosenthal bought 5,835 shares of TICC Capital stock. The stock was purchased at an average price of $5.99 per share, with a total value of $34,951.65.
  • On Monday, November 6th, Saul B. Rosenthal bought 26,431 shares of TICC Capital stock. The stock was purchased at an average price of $5.85 per share, with a total value of $154,621.35.

Shares of TICC Capital Corp. (NASDAQ TICC) traded down $0.06 during mid-day trading on Friday, reaching $5.84. The company’s stock had a trading volume of 318,697 shares, compared to its average volume of 283,506. The company has a quick ratio of 19.74, a current ratio of 19.74 and a debt-to-equity ratio of 0.41. TICC Capital Corp. has a 12-month low of $5.17 and a 12-month high of $8.19. The company has a market capitalization of $303.73, a P/E ratio of 10.35, a P/E/G ratio of 2.07 and a beta of 0.65.

TICC Capital (NASDAQ:TICC) last announced its quarterly earnings data on Thursday, November 2nd. The investment management company reported $0.13 earnings per share for the quarter, missing the Thomson Reuters’ consensus estimate of $0.16 by ($0.03). The company had revenue of $14.50 million during the quarter, compared to the consensus estimate of $15.97 million. TICC Capital had a net margin of 94.98% and a return on equity of 7.64%. The business’s revenue for the quarter was down 19.9% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $0.30 EPS. equities analysts forecast that TICC Capital Corp. will post 0.57 EPS for the current year.

The firm also recently announced a quarterly dividend, which will be paid on Friday, December 29th. Investors of record on Friday, December 15th will be issued a dividend of $0.20 per share. The ex-dividend date is Thursday, December 14th. This represents a $0.80 dividend on an annualized basis and a dividend yield of 13.70%. TICC Capital’s dividend payout ratio is presently 68.38%.

A number of research firms recently weighed in on TICC. ValuEngine upgraded TICC Capital from a “hold” rating to a “buy” rating in a research report on Thursday, November 9th. Zacks Investment Research downgraded TICC Capital from a “hold” rating to a “sell” rating in a research report on Wednesday, November 8th. TheStreet upgraded TICC Capital from a “c+” rating to a “b” rating in a research report on Thursday, September 7th. National Securities upgraded TICC Capital from a “sell” rating to a “neutral” rating and dropped their target price for the stock from $6.00 to $5.00 in a research report on Monday, November 6th. Finally, Ladenburg Thalmann Financial Services upgraded TICC Capital from a “neutral” rating to a “buy” rating in a research report on Monday, November 6th. Five research analysts have rated the stock with a sell rating and two have assigned a buy rating to the company’s stock. The company presently has a consensus rating of “Hold” and an average price target of $5.50.

Several institutional investors have recently made changes to their positions in TICC. Arrowstreet Capital Limited Partnership bought a new position in shares of TICC Capital during the second quarter valued at approximately $693,000. Dynamic Technology Lab Private Ltd grew its stake in TICC Capital by 444.1% in the second quarter. Dynamic Technology Lab Private Ltd now owns 126,523 shares of the investment management company’s stock worth $802,000 after purchasing an additional 103,270 shares during the period. GSA Capital Partners LLP grew its stake in TICC Capital by 75.5% in the third quarter. GSA Capital Partners LLP now owns 210,900 shares of the investment management company’s stock worth $1,445,000 after purchasing an additional 90,700 shares during the period. Macquarie Group Ltd. purchased a new stake in TICC Capital in the third quarter worth $581,000. Finally, Cowen Inc. purchased a new stake in TICC Capital in the third quarter worth $262,000. Institutional investors own 16.17% of the company’s stock.

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TICC Capital 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 (NASDAQ:TICC)

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