TICC Capital Corp. (TICC) COO Saul B. Rosenthal Acquires 12,916 Shares of Stock

TICC Capital Corp. (NASDAQ:TICC) COO Saul B. Rosenthal bought 12,916 shares of the firm’s stock in a transaction on Monday, November 13th. The shares were acquired at an average price of $6.02 per share, for a total transaction of $77,754.32. The transaction was disclosed in a legal filing with the SEC, which is accessible through the SEC website.

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

  • On Wednesday, November 15th, Saul B. Rosenthal purchased 8,485 shares of TICC Capital Corp. stock. The shares were purchased at an average cost of $6.03 per share, with a total value of $51,164.55.
  • On Wednesday, November 8th, Saul B. Rosenthal purchased 5,835 shares of TICC Capital Corp. stock. The shares were purchased at an average cost of $5.99 per share, with a total value of $34,951.65.
  • On Monday, November 6th, Saul B. Rosenthal purchased 26,431 shares of TICC Capital Corp. stock. The shares were purchased at an average cost of $5.85 per share, with a total value of $154,621.35.
  • On Wednesday, August 30th, Saul B. Rosenthal purchased 9,682 shares of TICC Capital Corp. stock. The shares were purchased at an average cost of $6.68 per share, with a total value of $64,675.76.
  • On Friday, August 25th, Saul B. Rosenthal purchased 7,650 shares of TICC Capital Corp. stock. The shares were purchased at an average cost of $6.69 per share, with a total value of $51,178.50.
  • On Tuesday, August 22nd, Saul B. Rosenthal purchased 10,021 shares of TICC Capital Corp. stock. The shares were purchased at an average cost of $6.66 per share, with a total value of $66,739.86.

Shares of TICC Capital Corp. (TICC) traded up $0.02 during trading hours on Friday, reaching $6.06. 166,441 shares of the company traded hands, compared to its average volume of 310,931. The company has a market cap of $311.97, a P/E ratio of 10.61, a price-to-earnings-growth ratio of 2.12 and a beta of 0.66. 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 fifty-two week low of $5.17 and a fifty-two week high of $8.19.

TICC Capital Corp. (NASDAQ:TICC) last issued its quarterly earnings data on Thursday, November 2nd. The investment management company reported $0.13 EPS 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 Corp. had a net margin of 94.98% and a return on equity of 7.64%. TICC Capital Corp.’s revenue for the quarter was down 19.9% on a year-over-year basis. During the same period in the previous year, the company earned $0.30 EPS. equities analysts predict that TICC Capital Corp. will post 0.57 earnings per share for the current fiscal year.

The business also recently disclosed a quarterly dividend, which will be paid on Friday, December 29th. Investors of record on Friday, December 15th will be paid a $0.20 dividend. This represents a $0.80 annualized dividend and a yield of 13.20%. The ex-dividend date is Thursday, December 14th. TICC Capital Corp.’s payout ratio is 76.19%.

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TICC has been the subject of a number of recent analyst reports. TheStreet raised shares of TICC Capital Corp. from a “c+” rating to a “b” rating in a report on Thursday, September 7th. BidaskClub downgraded shares of TICC Capital Corp. from a “sell” rating to a “strong sell” rating in a report on Tuesday, July 25th. ValuEngine downgraded shares of TICC Capital Corp. from a “buy” rating to a “hold” rating in a report on Thursday, November 2nd. National Securities reaffirmed a “sell” rating and set a $6.00 price target on shares of TICC Capital Corp. in a report on Monday, August 14th. Finally, Zacks Investment Research downgraded shares of TICC Capital Corp. from a “hold” rating to a “sell” rating in a report on Wednesday, November 8th. Four research analysts have rated the stock with a sell rating, one has given a hold rating and two have issued a buy rating to the company’s stock. The company has a consensus rating of “Hold” and an average price target of $5.50.

Large investors have recently modified their holdings of the stock. Exane Derivatives lifted its stake in TICC Capital Corp. by 10.9% in the 2nd quarter. Exane Derivatives now owns 15,784 shares of the investment management company’s stock valued at $100,000 after purchasing an additional 1,547 shares during the last quarter. Sheaff Brock Investment Advisors LLC lifted its stake in TICC Capital Corp. by 11.9% in the 2nd quarter. Sheaff Brock Investment Advisors LLC now owns 21,260 shares of the investment management company’s stock valued at $135,000 after purchasing an additional 2,260 shares during the last quarter. KCG Holdings Inc. lifted its stake in TICC Capital Corp. by 66.5% in the 1st quarter. KCG Holdings Inc. now owns 21,486 shares of the investment management company’s stock valued at $159,000 after purchasing an additional 8,578 shares during the last quarter. Northwestern Mutual Wealth Management Co. bought a new position in TICC Capital Corp. in the 2nd quarter valued at approximately $136,000. Finally, CIBC World Markets Inc. lifted its stake in TICC Capital Corp. by 116.9% in the 2nd quarter. CIBC World Markets Inc. now owns 23,698 shares of the investment management company’s stock valued at $150,000 after purchasing an additional 12,771 shares during the last quarter. 17.26% of the stock is 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)

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