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Prospect Capital Corp. (NASDAQ:PSEC) CFO Brian H. Oswald purchased 30,000 shares of the stock on the open market in a transaction dated Thursday, June 12th. The stock was purchased at an average price of $10.25 per share, for a total transaction of $307,500.00. Following the completion of the purchase, the chief financial officer now directly owns 121,700 shares of the company’s stock, valued at approximately $1,247,425. The acquisition was disclosed in a document filed with the SEC, which can be accessed through this link.

Several analysts have recently commented on the stock. Analysts at Evercore Partners upgraded shares of Prospect Capital Corp. from an “underweight” rating to an “equal weight” rating in a research note on Thursday, May 29th. They now have a $10.00 price target on the stock. Separately, analysts at Keefe, Bruyette & Woods cut their price target on shares of Prospect Capital Corp. from $11.75 to $11.00 in a research note on Friday, May 9th. Finally, analysts at Guggenheim upgraded shares of Prospect Capital Corp. from a “neutral” rating to a “buy” rating in a research note on Thursday, April 10th. They now have a $12.00 price target on the stock, up previously from $11.50. One equities research analyst has rated the stock with a sell rating, two have given a hold rating and six have given a buy rating to the company. Prospect Capital Corp. has an average rating of “Buy” and a consensus price target of $11.59.

Shares of Prospect Capital Corp. (NASDAQ:PSEC) traded up 0.79% on Monday, hitting $10.26. The stock had a trading volume of 4,989,669 shares. Prospect Capital Corp. has a one year low of $9.17 and a one year high of $11.62. The stock has a 50-day moving average of $10.18 and a 200-day moving average of $10.83.

Prospect Capital Corp. (NASDAQ:PSEC) last issued its quarterly earnings data on Tuesday, May 6th. The company reported $0.31 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.32 by $0.01. During the same quarter in the previous year, the company posted $0.26 earnings per share. On average, analysts predict that Prospect Capital Corp. will post $1.27 earnings per share for the current fiscal year.

The company also recently announced a monthly dividend, which is scheduled for Thursday, November 20th. Stockholders of record on Friday, October 31st will be paid a dividend of $0.1106 per share. This represents a $1.33 annualized dividend and a dividend yield of 12.93%. The ex-dividend date is Wednesday, October 29th. This is a boost from Prospect Capital Corp.’s previous monthly dividend of $0.11.

Prospect Capital Corporation (NASDAQ:PSEC), is a financial services company, which lends to and invests in middle market privately-held companies.

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