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Hercules Technology Growth Capital (NYSE:HTGC) Director Parag Shah sold 33,000 shares of the stock in a transaction that occurred on Tuesday, September 2nd. The stock was sold at an average price of $15.25, for a total transaction of $503,250.00. Following the sale, the director now directly owns 324,659 shares of the company’s stock, valued at approximately $4,951,050. The sale was disclosed in a filing with the SEC, which is available at this link.

Several analysts have recently commented on the stock. Analysts at Wunderlich cut their price target on shares of Hercules Technology Growth Capital from $18.00 to $16.00 in a research note on Monday, August 18th. They now have a “buy” rating on the stock. Separately, analysts at Sandler O’Neill downgraded shares of Hercules Technology Growth Capital from a “buy” rating to a “hold” rating in a research note on Friday, August 8th. Finally, analysts at Wells Fargo & Co. upgraded shares of Hercules Technology Growth Capital from a “market perform” rating to an “outperform” rating in a research note on Tuesday, June 24th. Three investment analysts have rated the stock with a hold rating and four have given a buy rating to the stock. Hercules Technology Growth Capital presently has a consensus rating of “Buy” and a consensus price target of $16.80.

Hercules Technology Growth Capital (NYSE:HTGC) traded up 0.85% during mid-day trading on Wednesday, hitting $15.41. The stock had a trading volume of 612,406 shares. Hercules Technology Growth Capital has a 52-week low of $12.95 and a 52-week high of $17.25. The stock has a 50-day moving average of $16.15 and a 200-day moving average of $15.29. The company has a market cap of $974.7 million and a P/E ratio of 10.01.

Hercules Technology Growth Capital (NYSE:HTGC) last announced its earnings results on Thursday, August 7th. The company reported $0.30 earnings per share (EPS) for the quarter, meeting the consensus estimate of $0.30. The company had revenue of $34.00 million for the quarter, compared to the consensus estimate of $34.92 million. During the same quarter in the previous year, the company posted $0.29 earnings per share. The company’s revenue for the quarter was down 1.5% on a year-over-year basis. On average, analysts predict that Hercules Technology Growth Capital will post $1.21 earnings per share for the current fiscal year.

Hercules Technology Growth Capital, Inc (NYSE:HTGC) is an internally managed, non-diversified closed-end investment company.

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