Insider Buying: FS Investment Director Buys 4,784 Shares of Stock (FSIC)
FS Investment (NASDAQ:FSIC) Director Michael Heller acquired 4,784 shares of the stock on the open market in a transaction that occurred on Thursday, June 12th. The shares were purchased at an average cost of $10.39 per share, with a total value of $49,705.76. Following the completion of the acquisition, the director now directly owns 20,271 shares of the company’s stock, valued at approximately $210,616. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link.
FS Investment (NASDAQ:FSIC) traded down 0.87% on Monday, hitting $10.25. 871,158 shares of the company’s stock traded hands. FS Investment has a one year low of $9.82 and a one year high of $10.75. The stock’s 50-day moving average is $10.31 and its 200-day moving average is $10.3.
The company also recently announced a monthly dividend, which is scheduled for Wednesday, July 2nd. Investors of record on Tuesday, June 24th will be paid a dividend of $0.0743 per share. This represents a $0.89 annualized dividend and a dividend yield of 8.69%. The ex-dividend date is Friday, June 20th.
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