TICC Capital Corp. (NASDAQ:TICC) CEO Jonathan H. Cohen bought 25,529 shares of the firm’s stock in a transaction that occurred on Wednesday, November 15th. The shares were purchased at an average cost of $6.02 per share, for a total transaction of $153,684.58. The transaction was disclosed in a legal filing with the SEC, which is available at this link.

Jonathan H. Cohen also recently made the following trade(s):

  • On Wednesday, November 8th, Jonathan H. Cohen bought 53,316 shares of TICC Capital Corp. stock. The shares were purchased at an average cost of $5.92 per share, for a total transaction of $315,630.72.
  • On Friday, September 1st, Jonathan H. Cohen bought 1,532 shares of TICC Capital Corp. stock. The shares were purchased at an average cost of $6.69 per share, for a total transaction of $10,249.08.
  • On Wednesday, August 30th, Jonathan H. Cohen bought 5,077 shares of TICC Capital Corp. stock. The shares were purchased at an average cost of $6.67 per share, for a total transaction of $33,863.59.
  • On Tuesday, August 29th, Jonathan H. Cohen purchased 961 shares of TICC Capital Corp. stock. The stock was bought at an average cost of $6.70 per share, for a total transaction of $6,438.70.
  • On Monday, August 28th, Jonathan H. Cohen purchased 3,645 shares of TICC Capital Corp. stock. The stock was bought at an average cost of $6.69 per share, for a total transaction of $24,385.05.
  • On Friday, August 25th, Jonathan H. Cohen purchased 3,091 shares of TICC Capital Corp. stock. The stock was bought at an average cost of $6.69 per share, for a total transaction of $20,678.79.
  • On Thursday, August 24th, Jonathan H. Cohen purchased 3,438 shares of TICC Capital Corp. stock. The stock was bought at an average cost of $6.69 per share, for a total transaction of $23,000.22.
  • On Wednesday, August 23rd, Jonathan H. Cohen purchased 1,121 shares of TICC Capital Corp. stock. The stock was bought at an average cost of $6.69 per share, for a total transaction of $7,499.49.

TICC Capital Corp. (TICC) traded up $0.09 during trading hours on Wednesday, reaching $6.05. The company had a trading volume of 209,300 shares, compared to its average volume of 329,800. The stock has a market cap of $311.45, a P/E ratio of 10.46, a PEG ratio of 2.09 and a beta of 0.66. The company has a quick ratio of 19.74, a current ratio of 19.74 and a debt-to-equity ratio of 0.41. TICC Capital Corp. has a 12-month low of $5.17 and a 12-month high of $8.19.

TICC Capital Corp. (NASDAQ:TICC) last released its quarterly earnings results on Thursday, November 2nd. The investment management company reported $0.13 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.16 by ($0.03). The firm had revenue of $14.50 million for the quarter, compared to analysts’ expectations of $15.97 million. TICC Capital Corp. had a return on equity of 7.64% and a net margin of 94.98%. The company’s quarterly revenue was down 19.9% compared to the same quarter last year. During the same quarter in the prior year, the business earned $0.30 EPS. equities research analysts predict that TICC Capital Corp. will post 0.57 EPS for the current fiscal year.

The company also recently declared a quarterly dividend, which will be paid on Friday, December 29th. Investors of record on Friday, December 15th will be paid a dividend of $0.20 per share. The ex-dividend date of this dividend is Thursday, December 14th. This represents a $0.80 dividend on an annualized basis and a yield of 13.22%. TICC Capital Corp.’s dividend payout ratio is presently 76.19%.

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Large investors have recently added to or reduced their stakes in the stock. Exane Derivatives grew its stake in TICC Capital Corp. by 10.9% during the 2nd quarter. Exane Derivatives now owns 15,784 shares of the investment management company’s stock worth $100,000 after buying an additional 1,547 shares during the last quarter. Sheaff Brock Investment Advisors LLC grew its stake in TICC Capital Corp. by 11.9% during the 2nd quarter. Sheaff Brock Investment Advisors LLC now owns 21,260 shares of the investment management company’s stock worth $135,000 after buying an additional 2,260 shares during the last quarter. KCG Holdings Inc. grew its stake in TICC Capital Corp. by 66.5% during the 1st quarter. KCG Holdings Inc. now owns 21,486 shares of the investment management company’s stock worth $159,000 after buying an additional 8,578 shares during the last quarter. Northwestern Mutual Wealth Management Co. purchased a new position in shares of TICC Capital Corp. in the 2nd quarter valued at approximately $136,000. Finally, CIBC World Markets Inc. grew its stake in shares of TICC Capital Corp. by 116.9% in the 2nd quarter. CIBC World Markets Inc. now owns 23,698 shares of the investment management company’s stock valued at $150,000 after purchasing an additional 12,771 shares during the last quarter. Hedge funds and other institutional investors own 17.26% of the company’s stock.

A number of equities research analysts have issued reports on the company. Zacks Investment Research lowered TICC Capital Corp. from a “hold” rating to a “sell” rating in a research report on Wednesday, November 8th. National Securities raised TICC Capital Corp. from a “sell” rating to a “neutral” rating and reduced their price target for the company from $6.00 to $5.00 in a research report on Monday, November 6th. Ladenburg Thalmann Financial Services raised TICC Capital Corp. from a “neutral” rating to a “buy” rating in a research report on Monday, November 6th. ValuEngine raised TICC Capital Corp. from a “hold” rating to a “buy” rating in a research report on Thursday, November 9th. Finally, TheStreet raised TICC Capital Corp. from a “c+” rating to a “b” rating in a research report on Thursday, September 7th. Four equities research analysts have rated the stock with a sell rating, one has given a hold rating and two have issued a buy rating to the stock. TICC Capital Corp. currently has an average rating of “Hold” and a consensus target price of $5.50.

TICC Capital Corp. Company Profile

TICC Capital Corp. is a closed-end, non-diversified management investment company. The Company’s investment objective is to maximize its portfolio’s total return. The Company primarily focuses on seeking current income by investing primarily in corporate debt securities. The Company’s debt investments may include syndicated loans and bilateral loans.

Insider Buying and Selling by Quarter for TICC Capital Corp. (NASDAQ:TICC)

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