TICC Capital Corp. (TICC) CEO Jonathan H. Cohen Buys 14,823 Shares of Stock

TICC Capital Corp. (NASDAQ:TICC) CEO Jonathan H. Cohen bought 14,823 shares of TICC Capital stock in a transaction that occurred on Thursday, December 21st. The stock was bought at an average price of $5.83 per share, with a total value of $86,418.09. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link.

Jonathan H. Cohen also recently made the following trade(s):

  • On Tuesday, December 19th, Jonathan H. Cohen bought 40,260 shares of TICC Capital stock. The stock was bought at an average price of $5.82 per share, with a total value of $234,313.20.
  • On Tuesday, December 12th, Jonathan H. Cohen bought 22,737 shares of TICC Capital stock. The stock was bought at an average price of $6.08 per share, with a total value of $138,240.96.
  • On Wednesday, November 22nd, Jonathan H. Cohen bought 1,070 shares of TICC Capital stock. The stock was bought at an average price of $6.09 per share, with a total value of $6,516.30.
  • On Wednesday, November 15th, Jonathan H. Cohen bought 25,529 shares of TICC Capital stock. The stock was bought at an average price of $6.02 per share, with a total value of $153,684.58.
  • On Wednesday, November 8th, Jonathan H. Cohen bought 53,316 shares of TICC Capital stock. The stock was bought at an average price of $5.92 per share, with a total value of $315,630.72.

TICC Capital Corp. (TICC) traded down $0.03 on Friday, hitting $5.82. The stock had a trading volume of 216,216 shares, compared to its average volume of 326,441. The company has a market capitalization of $299.61, a PE ratio of 4.97, a PEG ratio of 2.04 and a beta of 0.65. The company has a current ratio of 19.74, a quick ratio of 19.74 and a debt-to-equity ratio of 0.41. TICC Capital Corp. has a 1-year low of $5.17 and a 1-year high of $8.19.

TICC Capital (NASDAQ:TICC) last released its quarterly earnings data on Thursday, November 2nd. The investment management company reported $0.13 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.16 by ($0.03). The firm had revenue of $14.50 million for the quarter, compared to the consensus estimate of $15.97 million. TICC Capital had a net margin of 94.98% and a return on equity of 7.64%. The business’s revenue for the quarter was down 19.9% on a year-over-year basis. During the same quarter in the prior year, the firm posted $0.30 earnings per share. analysts anticipate that TICC Capital Corp. will post 0.57 earnings per share for the current 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 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 of this dividend is Thursday, December 14th. TICC Capital’s dividend payout ratio is presently 68.38%.

TICC has been the topic of several recent analyst reports. ValuEngine raised TICC Capital from a “hold” rating to a “buy” rating in a research report on Thursday, November 9th. Zacks Investment Research downgraded TICC Capital from a “hold” rating to a “sell” rating in a research report on Wednesday, November 8th. TheStreet raised TICC Capital from a “c+” rating to a “b” rating in a research report on Thursday, September 7th. National Securities raised TICC Capital from a “sell” rating to a “neutral” rating and dropped their price target for the stock from $6.00 to $5.00 in a research report on Monday, November 6th. Finally, Ladenburg Thalmann Financial Services raised TICC Capital from a “neutral” rating to a “buy” rating in a research report on Monday, November 6th. Five research analysts have rated the stock with a sell rating and two have given a buy rating to the company’s stock. The stock has an average rating of “Hold” and a consensus price target of $5.50.

Institutional investors and hedge funds have recently added to or reduced their stakes in the company. Sheaff Brock Investment Advisors LLC increased its position in shares of TICC Capital by 11.9% during the second 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 period. Northwestern Mutual Wealth Management Co. acquired a new stake in TICC Capital in the 2nd quarter valued at $136,000. CIBC World Markets Inc. boosted its stake in TICC Capital 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 buying an additional 12,771 shares in the last quarter. Stephens Inc. AR boosted its stake in TICC Capital by 15.1% in the 2nd quarter. Stephens Inc. AR now owns 25,381 shares of the investment management company’s stock valued at $161,000 after buying an additional 3,321 shares in the last quarter. Finally, Trexquant Investment LP acquired a new stake in TICC Capital in the 2nd quarter valued at $183,000. Institutional investors and hedge funds own 15.88% of the company’s stock.

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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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