TICC Capital Corp. (NASDAQ:TICC) insider Saul B. Rosenthal bought 7,650 shares of the firm’s stock in a transaction that occurred on Friday, August 25th. The shares were purchased at an average cost of $6.69 per share, for a total transaction of $51,178.50. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website.

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

  • On Tuesday, August 22nd, Saul B. Rosenthal bought 10,021 shares of TICC Capital Corp. stock. The shares were purchased at an average cost of $6.66 per share, for a total transaction of $66,739.86.
  • On Monday, August 14th, Saul B. Rosenthal bought 17,153 shares of TICC Capital Corp. stock. The shares were purchased at an average cost of $6.61 per share, for a total transaction of $113,381.33.

TICC Capital Corp. (NASDAQ TICC) traded up 0.15% during midday trading on Friday, reaching $6.68. The company’s stock had a trading volume of 133,417 shares. The firm has a 50 day moving average price of $6.67 and a 200-day moving average price of $7.11. TICC Capital Corp. has a 52 week low of $5.51 and a 52 week high of $8.19. The firm has a market cap of $343.88 million, a P/E ratio of 3.77 and a beta of 0.69.

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

WARNING: This piece of content was first posted by TheOlympiaReport and is owned by of TheOlympiaReport. If you are reading this piece of content on another site, it was illegally stolen and reposted in violation of U.S. & international copyright & trademark legislation. The legal version of this piece of content can be viewed at https://theolympiareport.com/2017/08/27/saul-b-rosenthal-purchases-7650-shares-of-ticc-capital-corp-ticc-stock.html.

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

A number of hedge funds have recently bought and sold shares of the company. BlueCrest Capital Management Ltd purchased a new stake in TICC Capital Corp. during the first quarter worth $131,000. Van ECK Associates Corp raised its stake in 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 period. Airain ltd purchased a new stake in TICC Capital Corp. during the first quarter worth $211,000. Two Sigma Securities LLC raised its stake in TICC Capital Corp. by 85.6% in the first quarter. Two Sigma Securities LLC now owns 23,071 shares of the investment management company’s stock worth $170,000 after buying an additional 10,641 shares during the period. Finally, Muzinich & Co. Inc. raised its stake in 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 period. 19.79% of the stock is currently owned by institutional investors and hedge funds.

About TICC Capital Corp.

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)

Receive News & Ratings for TICC Capital Corp. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for TICC Capital Corp. and related companies with Analyst Ratings Network's FREE daily email newsletter.