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Garrison Capital (NASDAQ:GARS) CEO Joseph Bertrand Tansey acquired 99 shares of the stock on the open market in a transaction dated Monday, August 11th. The stock was purchased at an average price of $14.43 per share, for a total transaction of $1,428.57. Following the purchase, the chief executive officer now directly owns 9,824 shares of the company’s stock, valued at approximately $141,760. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link.

Shares of Garrison Capital (NASDAQ:GARS) traded down 0.28% during mid-day trading on Thursday, hitting $14.48. The stock had a trading volume of 42,847 shares. Garrison Capital has a 52-week low of $13.68 and a 52-week high of $15.40. The stock has a 50-day moving average of $14.69 and a 200-day moving average of $14.45.

Garrison Capital (NASDAQ:GARS) last posted its quarterly earnings results on Wednesday, August 6th. The company reported $0.36 earnings per share for the quarter, beating the analysts’ consensus estimate of $0.35 by $0.01. Analysts expect that Garrison Capital will post $1.41 EPS for the current fiscal year.

The company also recently declared a quarterly dividend, which is scheduled for Friday, September 26th. Shareholders of record on Friday, September 12th will be given a dividend of $0.35 per share. This represents a $1.40 dividend on an annualized basis and a yield of 9.64%. The ex-dividend date of this dividend is Wednesday, September 10th.

A number of research firms have recently commented on GARS. Analysts at Wunderlich initiated coverage on shares of Garrison Capital in a research note on Tuesday, July 1st. They set a “buy” rating and a $16.50 price target on the stock. Separately, analysts at Robert W. Baird downgraded shares of Garrison Capital from an “outperform” rating to a “neutral” rating in a research note on Wednesday, June 4th. They now have a $15.00 price target on the stock. They noted that the move was a valuation call. Finally, analysts at Ladenburg Thalmann initiated coverage on shares of Garrison Capital in a research note on Monday, June 2nd. They set a “neutral” rating on the stock.

Garrison Capital Inc, (NASDAQ:GARS) is a non-diversified closed-end management investment company.

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