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Hercules Technology Growth Capital (NYSE:HTGC) CEO Manuel A. Henriquez sold 100,000 shares of the company’s stock in a transaction dated Thursday, June 5th. The shares were sold at an average price of $15.60, for a total value of $1,560,000.00. Following the sale, the chief executive officer now directly owns 1,988,903 shares of the company’s stock, valued at approximately $31,026,887. The transaction was disclosed in a document filed with the SEC, which is available at this link.

Hercules Technology Growth Capital (NYSE:HTGC) traded up 0.32% during mid-day trading on Friday, hitting $15.65. The stock had a trading volume of 539,063 shares. Hercules Technology Growth Capital has a 1-year low of $12.95 and a 1-year high of $17.25. The stock’s 50-day moving average is $14.35 and its 200-day moving average is $15.42. The company has a market cap of $979.8 million and a price-to-earnings ratio of 9.37.

Hercules Technology Growth Capital (NYSE:HTGC) last released its earnings data on Thursday, May 1st. The company reported $0.30 earnings per share for the quarter, beating the analysts’ consensus estimate of $0.28 by $0.02. The company had revenue of $35.77 million for the quarter, compared to the consensus estimate of $33.21 million. During the same quarter last year, the company posted $0.27 earnings per share. Hercules Technology Growth Capital’s revenue was up 15.5% compared to the same quarter last year. Analysts expect that Hercules Technology Growth Capital will post $1.25 EPS for the current fiscal year.

A number of analysts have recently weighed in on HTGC shares. Analysts at MLV & Co
initiated coverage on shares of Hercules Technology Growth Capital in a research note on Thursday, May 22nd. They set a “hold” rating on the stock. Separately, analysts at Zacks downgraded shares of Hercules Technology Growth Capital from an “outperform” rating to a “neutral” rating in a research note on Wednesday, April 16th. They now have a $14.00 price target on the stock. Finally, analysts at Sandler O’Neill upgraded shares of Hercules Technology Growth Capital from a “hold” rating to a “buy” rating in a research note on Monday, April 7th. They now have a $15.50 price target on the stock, down previously from $16.50. Five research analysts have rated the stock with a hold rating and four have issued a buy rating to the stock. Hercules Technology Growth Capital has a consensus rating of “Hold” and an average price target of $16.19.

Hercules Technology Growth Capital, Inc (NYSE:HTGC) is an internally managed, non-diversified closed-end investment company.

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