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Stellus Capital Investment Corp (NYSE:SCM) CEO Robert T. Ladd purchased 2,000 shares of the stock in a transaction that occurred on Friday, June 13th. The stock was purchased at an average cost of $14.28 per share, with a total value of $28,560.00. Following the completion of the transaction, the chief executive officer now directly owns 99,496 shares of the company’s stock, valued at approximately $1,420,803. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link.

Stellus Capital Investment Corp (NYSE:SCM) opened at 14.43 on Wednesday. Stellus Capital Investment Corp has a one year low of $13.04 and a one year high of $15.5531. The stock has a 50-day moving average of $13.75 and a 200-day moving average of $14.33.

Stellus Capital Investment Corp (NYSE:SCM) last issued its quarterly earnings data on Monday, May 12th. The company reported $0.31 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.33 by $0.02. On average, analysts predict that Stellus Capital Investment Corp will post $1.35 earnings per share for the current fiscal year.

Several analysts have recently commented on the stock. Analysts at Robert W. Baird downgraded shares of Stellus Capital Investment Corp from an “outperform” rating to a “neutral” rating in a research note on Wednesday, June 4th. They now have a $14.00 price target on the stock. They noted that the move was a valuation call. Finally, analysts at Keefe, Bruyette & Woods cut their price target on shares of Stellus Capital Investment Corp from $15.50 to $15.00 in a research note on Monday, May 12th. Two analysts have rated the stock with a hold rating and two have issued a buy rating to the stock. The company has a consensus rating of “Buy” and a consensus price target of $14.92.

Stellus Capital Investment Corporation is an externally managed, closed-end, non-diversified management investment company.

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