TICC Capital Corp. (TICC) COO Saul B. Rosenthal Buys 3,688 Shares

TICC Capital Corp. (NASDAQ:TICC) COO Saul B. Rosenthal bought 3,688 shares of the business’s stock in a transaction dated Friday, February 16th. The stock was purchased at an average price of $5.68 per share, for a total transaction of $20,947.84. The transaction was disclosed in a filing with the SEC, which is available through the SEC website.

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

  • On Wednesday, February 21st, Saul B. Rosenthal bought 12,494 shares of TICC Capital stock. The stock was purchased at an average price of $5.67 per share, for a total transaction of $70,840.98.
  • On Monday, February 12th, Saul B. Rosenthal purchased 7,360 shares of TICC Capital stock. The stock was bought at an average price of $5.51 per share, for a total transaction of $40,553.60.
  • On Thursday, February 8th, Saul B. Rosenthal purchased 4,889 shares of TICC Capital stock. The stock was bought at an average price of $5.54 per share, for a total transaction of $27,085.06.
  • On Wednesday, December 20th, Saul B. Rosenthal purchased 8,086 shares of TICC Capital stock. The stock was bought at an average price of $5.83 per share, for a total transaction of $47,141.38.
  • On Monday, December 18th, Saul B. Rosenthal purchased 31,161 shares of TICC Capital stock. The stock was bought at an average price of $5.81 per share, for a total transaction of $181,045.41.
  • On Friday, December 15th, Saul B. Rosenthal purchased 8,498 shares of TICC Capital stock. The stock was bought at an average price of $5.84 per share, for a total transaction of $49,628.32.
  • On Wednesday, December 13th, Saul B. Rosenthal purchased 4,445 shares of TICC Capital stock. The stock was bought at an average price of $5.94 per share, for a total transaction of $26,403.30.
  • On Monday, December 11th, Saul B. Rosenthal purchased 450 shares of TICC Capital stock. The stock was bought at an average price of $6.10 per share, for a total transaction of $2,745.00.

Shares of TICC Capital Corp. (NASDAQ:TICC) traded down $0.01 during trading on Thursday, reaching $5.65. The company’s stock had a trading volume of 153,200 shares, compared to its average volume of 259,619. The company has a debt-to-equity ratio of 0.41, a current ratio of 19.74 and a quick ratio of 19.74. The stock has a market capitalization of $290.86, a price-to-earnings ratio of 5.38, a P/E/G ratio of 1.86 and a beta of 0.55. TICC Capital Corp. has a fifty-two week low of $5.15 and a fifty-two week high of $8.19.

TICC Capital declared that its Board of Directors has approved a stock repurchase plan on Tuesday, February 6th that permits the company to buyback $25.00 million in shares. This buyback authorization permits the investment management company to reacquire shares of its stock through open market purchases. Shares buyback plans are usually a sign that the company’s management believes its stock is undervalued.

Several analysts recently weighed in on TICC shares. National Securities cut shares of TICC Capital from a “neutral” rating to a “sell” rating and set a $5.00 price target on the stock. in a report on Monday, December 4th. Ladenburg Thalmann Financial Services upgraded shares of TICC Capital from a “neutral” rating to a “buy” rating in a report on Monday, November 6th. Zacks Investment Research cut shares of TICC Capital from a “buy” rating to a “hold” rating in a report on Saturday, January 20th. ValuEngine upgraded shares of TICC Capital from a “hold” rating to a “buy” rating in a report on Thursday, November 9th. Finally, BidaskClub upgraded shares of TICC Capital from a “strong sell” rating to a “sell” rating in a report on Wednesday, February 7th. Four investment analysts have rated the stock with a sell rating, one has assigned a hold rating and two have issued a buy rating to the company’s stock. The stock presently has a consensus rating of “Hold” and an average price target of $5.83.

A number of institutional investors have recently made changes to their positions in TICC. Arrowstreet Capital Limited Partnership lifted its position in TICC Capital by 94.2% during the fourth quarter. Arrowstreet Capital Limited Partnership now owns 601,776 shares of the investment management company’s stock valued at $3,454,000 after buying an additional 291,978 shares during the period. Thomas J. Herzfeld Advisors Inc. lifted its position in TICC Capital by 1,626.2% during the fourth quarter. Thomas J. Herzfeld Advisors Inc. now owns 264,113 shares of the investment management company’s stock valued at $1,516,000 after buying an additional 248,813 shares during the period. GSA Capital Partners LLP lifted its position in TICC Capital by 75.5% during the third quarter. GSA Capital Partners LLP now owns 210,900 shares of the investment management company’s stock valued at $1,445,000 after buying an additional 90,700 shares during the period. Bramshill Investments LLC purchased a new position in TICC Capital during the fourth quarter valued at $504,000. Finally, Macquarie Group Ltd. purchased a new position in TICC Capital during the third quarter valued at $581,000. 16.44% of the stock is owned by institutional investors and hedge funds.

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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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