TICC Capital Corp. (TICC) COO Saul B. Rosenthal Buys 8,498 Shares of Stock

TICC Capital Corp. (NASDAQ:TICC) COO Saul B. Rosenthal acquired 8,498 shares of the firm’s stock in a transaction that occurred on Friday, December 15th. The shares were bought at an average price of $5.84 per share, with a total value of $49,628.32. The transaction was disclosed in a document filed with the SEC, which is available through this link.

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

  • On Monday, December 18th, Saul B. Rosenthal acquired 31,161 shares of TICC Capital stock. The shares were bought at an average price of $5.81 per share, with a total value of $181,045.41.
  • On Wednesday, December 13th, Saul B. Rosenthal bought 4,445 shares of TICC Capital stock. The shares were acquired at an average price of $5.94 per share, with a total value of $26,403.30.
  • On Monday, December 11th, Saul B. Rosenthal bought 450 shares of TICC Capital stock. The shares were acquired at an average price of $6.10 per share, with a total value of $2,745.00.
  • On Tuesday, November 21st, Saul B. Rosenthal bought 1,050 shares of TICC Capital stock. The shares were acquired at an average price of $6.09 per share, with a total value of $6,394.50.
  • On Wednesday, November 15th, Saul B. Rosenthal bought 8,485 shares of TICC Capital stock. The shares were acquired at an average price of $6.03 per share, with a total value of $51,164.55.
  • On Monday, November 13th, Saul B. Rosenthal bought 12,916 shares of TICC Capital stock. The shares were acquired at an average price 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 shares were acquired 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 shares were acquired at an average price of $5.85 per share, with a total value of $154,621.35.

TICC Capital Corp. (NASDAQ:TICC) traded down $0.02 during mid-day trading on Wednesday, hitting $5.78. 309,400 shares of the stock were exchanged, compared to its average volume of 327,079. The company has a debt-to-equity ratio of 0.41, a current ratio of 19.74 and a quick ratio of 19.74. TICC Capital Corp. has a one year low of $5.17 and a one year high of $8.19. The company has a market capitalization of $298.58, a price-to-earnings ratio of 10.18, a P/E/G ratio of 2.04 and a beta of 0.65.

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

The company also recently disclosed a quarterly dividend, which will be paid on Friday, December 29th. Stockholders of record on Friday, December 15th will be given a $0.20 dividend. The ex-dividend date is Thursday, December 14th. This represents a $0.80 dividend on an annualized basis and a dividend yield of 13.84%. TICC Capital’s dividend payout ratio (DPR) is currently 68.38%.

Several hedge funds have recently added to or reduced their stakes in TICC. Arrowstreet Capital Limited Partnership bought a new position in shares of TICC Capital in the second quarter valued at approximately $693,000. Dynamic Technology Lab Private Ltd boosted its position in shares of 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 valued at $802,000 after acquiring an additional 103,270 shares during the period. GSA Capital Partners LLP boosted its position in shares of 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 valued at $1,445,000 after acquiring an additional 90,700 shares during the period. Macquarie Group Ltd. bought a new position in shares of TICC Capital in the third quarter valued at approximately $581,000. Finally, Cowen Inc. bought a new position in shares of TICC Capital in the third quarter valued at approximately $262,000. Institutional investors own 15.88% of the company’s stock.

TICC has been the subject of a number of research reports. TheStreet upgraded shares of TICC Capital from a “c+” rating to a “b” rating in a research report on Thursday, September 7th. ValuEngine upgraded shares of TICC Capital from a “hold” rating to a “buy” rating in a research report on Thursday, November 9th. Ladenburg Thalmann Financial Services upgraded shares of TICC Capital from a “neutral” rating to a “buy” rating in a research report on Monday, November 6th. National Securities upgraded shares of TICC Capital from a “sell” rating to a “neutral” rating and cut their target price for the stock from $6.00 to $5.00 in a research report on Monday, November 6th. Finally, Zacks Investment Research lowered shares of TICC Capital from a “hold” rating to a “sell” rating in a research report on Wednesday, November 8th. Five equities research analysts have rated the stock with a sell rating and two have issued a buy rating to the company’s stock. The company currently has a consensus 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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