CIFC Corp. Major Shareholder Buys $9,000,000 in Stock (CIFC)
CIFC Corp. (NASDAQ:CIFC) major shareholder Bounty Investments, Llc bought 1,000,000 shares of the stock on the open market in a transaction that occurred on Tuesday, December 31st. The stock was purchased at an average price of $9.00 per share, with a total value of $9,000,000.00. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Large shareholders that own more than 10% of a company’s shares are required to disclose their transactions with the SEC.
Shares of CIFC Corp. (NASDAQ:CIFC) traded up 0.64% during mid-day trading on Thursday, hitting $7.83. The stock had a trading volume of 3,674 shares. CIFC Corp. has a 52 week low of $6.60 and a 52 week high of $9.05. The stock’s 50-day moving average is $7.82 and its 200-day moving average is $7.68. The company has a market cap of $162.7 million and a price-to-earnings ratio of 11.53.
CIFC Corp. (NASDAQ:CIFC) last issued its quarterly earnings data on Thursday, November 7th. The company reported $0.54 EPS for the quarter.
CIFC Corp. (NASDAQ:CIFC), formerly CIFC Deerfield Corp.
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