FS Investment Director Gregory P. Chandler Acquires 1,932 Shares (FSIC)
FS Investment (NASDAQ:FSIC) Director Gregory P. Chandler bought 1,932 shares of FS Investment stock on the open market in a transaction that occurred on Friday, August 1st. The shares were purchased at an average cost of $10.35 per share, for a total transaction of $19,996.20. Following the completion of the purchase, the director now directly owns 1,449 shares in the company, valued at approximately $14,997. The transaction was disclosed in a document filed with the SEC, which can be accessed through this link.
A number of analysts have recently weighed in on FSIC shares. Analysts at Wells Fargo & Co. initiated coverage on shares of FS Investment in a research note on Tuesday, July 1st. They set an “outperform” rating on the stock. Analysts at Keefe, Bruyette & Woods initiated coverage on shares of FS Investment in a research note on Tuesday, June 17th. They set an “outperform” rating and a $11.75 price target on the stock.
FS Investment (NASDAQ:FSIC) traded up 0.39% during mid-day trading on Thursday, hitting $10.36. The stock had a trading volume of 91,933 shares. FS Investment has a 52-week low of $9.82 and a 52-week high of $10.75. The stock’s 50-day moving average is $10.49 and its 200-day moving average is $10.3.
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