Saul B. Rosenthal Purchases 31,161 Shares of TICC Capital Corp. (TICC) Stock

TICC Capital Corp. (NASDAQ:TICC) COO Saul B. Rosenthal acquired 31,161 shares of the firm’s stock in a transaction that occurred on Monday, December 18th. The stock was acquired at an average price of $5.81 per share, for a total transaction of $181,045.41. The purchase was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink.

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

  • On Friday, December 15th, Saul B. Rosenthal acquired 8,498 shares of TICC Capital stock. The stock was acquired at an average price of $5.84 per share, for a total transaction of $49,628.32.
  • On Wednesday, December 13th, Saul B. Rosenthal acquired 4,445 shares of TICC Capital stock. The stock was acquired at an average price of $5.94 per share, for a total transaction of $26,403.30.
  • On Monday, December 11th, Saul B. Rosenthal acquired 450 shares of TICC Capital stock. The stock was acquired at an average price of $6.10 per share, for a total transaction of $2,745.00.
  • On Tuesday, November 21st, Saul B. Rosenthal acquired 1,050 shares of TICC Capital stock. The stock was acquired at an average price of $6.09 per share, for a total transaction of $6,394.50.
  • On Wednesday, November 15th, Saul B. Rosenthal acquired 8,485 shares of TICC Capital stock. The stock was acquired at an average price of $6.03 per share, for a total transaction of $51,164.55.
  • On Monday, November 13th, Saul B. Rosenthal acquired 12,916 shares of TICC Capital stock. The stock was acquired at an average price of $6.02 per share, for a total transaction 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, for a total transaction 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, for a total transaction of $154,621.35.

TICC Capital Corp. (TICC) traded up $0.04 during trading hours on Thursday, reaching $5.82. 287,300 shares of the company’s stock were exchanged, compared to its average volume of 326,916. The stock has a market cap of $297.55, a price-to-earnings ratio of 10.14, a price-to-earnings-growth ratio of 2.03 and a beta of 0.65. The company has a debt-to-equity ratio of 0.41, a quick ratio of 19.74 and a current ratio of 19.74. TICC Capital Corp. has a 52 week low of $5.17 and a 52 week high of $8.19.

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

The business also recently disclosed a quarterly dividend, which will be paid on Friday, December 29th. Stockholders of record on Friday, December 15th will be paid a dividend of $0.20 per share. This represents a $0.80 dividend on an annualized basis and a dividend yield of 13.75%. The ex-dividend date is Thursday, December 14th. TICC Capital’s dividend payout ratio is currently 68.38%.

Several hedge funds and other institutional investors have recently bought and sold shares of the company. GSA Capital Partners LLP increased its stake in shares of TICC Capital by 75.5% during the 3rd quarter. GSA Capital Partners LLP now owns 210,900 shares of the investment management company’s stock valued at $1,445,000 after acquiring an additional 90,700 shares during the last quarter. Janney Montgomery Scott LLC increased its stake in shares of TICC Capital by 24.8% during the 3rd quarter. Janney Montgomery Scott LLC now owns 59,294 shares of the investment management company’s stock valued at $406,000 after acquiring an additional 11,776 shares during the last quarter. Cowen Inc. acquired a new position in shares of TICC Capital during the 3rd quarter valued at about $262,000. Hillsdale Investment Management Inc. increased its stake in shares of TICC Capital by 14.2% during the 3rd quarter. Hillsdale Investment Management Inc. now owns 193,200 shares of the investment management company’s stock valued at $1,323,000 after acquiring an additional 24,000 shares during the last quarter. Finally, Legal & General Group Plc increased its stake in shares of TICC Capital by 14.4% during the 3rd quarter. Legal & General Group Plc now owns 146,257 shares of the investment management company’s stock valued at $1,001,000 after acquiring an additional 18,430 shares during the last quarter. 15.88% of the stock is owned by institutional investors.

TICC has been the topic of a number of recent research reports. TheStreet upgraded shares of TICC Capital from a “c+” rating to a “b” rating in a report on Thursday, September 7th. National Securities lowered shares of TICC Capital from a “neutral” rating to a “sell” rating and set a $5.00 target price on the stock. in a report on Monday, December 4th. ValuEngine lowered shares of TICC Capital from a “buy” rating to a “hold” rating in a report on Thursday, November 2nd. Zacks Investment Research lowered shares of TICC Capital from a “hold” rating to a “sell” rating in a report on Wednesday, November 8th. Finally, Ladenburg Thalmann Financial Services upgraded shares of TICC Capital from a “neutral” rating to a “buy” rating in a report on Monday, November 6th. Five research analysts have rated the stock with a sell rating and two have issued a buy rating to the company’s stock. TICC Capital currently has an average rating of “Hold” and a consensus target price of $5.50.

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About TICC Capital

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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