Alcentra Capital Corp CEO Purchases $14,890 in Stock (ABDC)
Alcentra Capital Corp (NASDAQ:ABDC) CEO Paul J. Echausse acquired 1,000 shares of the company’s stock in a transaction dated Friday, May 30th. The stock was purchased at an average price of $14.89 per share, for a total transaction of $14,890.00. Following the completion of the acquisition, the chief executive officer now directly owns 1,300 shares in the company, valued at approximately $19,357. The purchase was disclosed in a document filed with the SEC, which is available at this link.
Alcentra Capital Corp (NASDAQ:ABDC) traded up 0.40% on Friday, hitting $14.90. 4,900 shares of the company’s stock traded hands. Alcentra Capital Corp has a 1-year low of $14.74 and a 1-year high of $15.30. The stock has a 50-day moving average of $14.9 and a 200-day moving average of $14.9.
Alcentra Capital Corporation is a finance company. The Company intends to provide customized debt and equity financing solutions to lower middle-market companies, which it define as companies having annual earnings, before interest, taxes, depreciation and amortization of between $5 million and $15 million, and/or revenues of between $10 million and $100 million, although it may opportunistically make investments in larger or smaller companies.
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