Insider Buying: Capitala Finance Corp Director Acquires 27,000 Shares of Stock (CPTA)
Capitala Finance Corp (NASDAQ:CPTA) Director Markham Hunt Broyhill bought 27,000 shares of the company’s stock in a transaction dated Tuesday, June 17th. The stock was purchased at an average cost of $18.55 per share, for a total transaction of $500,850.00. Following the completion of the acquisition, the director now directly owns 66,027 shares of the company’s stock, valued at approximately $1,224,801. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link.
Shares of Capitala Finance Corp (NASDAQ:CPTA) traded down 0.48% during mid-day trading on Wednesday, hitting $18.50. 58,282 shares of the company’s stock traded hands. Capitala Finance Corp has a 52 week low of $17.65 and a 52 week high of $20.25. The stock has a 50-day moving average of $18.30 and a 200-day moving average of $19.2.
Capitala Finance Corp (NASDAQ:CPTA) last issued its quarterly earnings data on Monday, May 12th. The company reported $0.44 earnings per share for the quarter, missing the analysts’ consensus estimate of $0.46 by $0.02. Analysts expect that Capitala Finance Corp will post $1.83 EPS for the current fiscal year.
The company also recently declared a quarterly dividend, which is scheduled for Thursday, June 26th. Investors of record on Monday, June 9th will be given a dividend of $0.47 per share. This represents a $1.88 dividend on an annualized basis and a yield of 10.11%. The ex-dividend date of this dividend is Thursday, June 5th.
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