Insider Buying: Capital Southwest Co. (CSWC) CFO Buys 700 Shares of Stock

Capital Southwest Co. (NASDAQ:CSWC) CFO Michael Scott Sarner acquired 700 shares of the stock in a transaction on Friday, February 9th. The stock was acquired at an average cost of $16.24 per share, for a total transaction of $11,368.00. Following the acquisition, the chief financial officer now directly owns 104,986 shares in the company, valued at approximately $1,704,972.64. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website.

Capital Southwest Co. (NASDAQ CSWC) traded down $0.21 during mid-day trading on Friday, hitting $16.15. 112,654 shares of the stock were exchanged, compared to its average volume of 23,352. Capital Southwest Co. has a 52 week low of $14.85 and a 52 week high of $17.76. The company has a debt-to-equity ratio of 0.12, a quick ratio of 10.42 and a current ratio of 0.46. The firm has a market cap of $263.52, a P/E ratio of 8.70 and a beta of -0.64.

Capital Southwest (NASDAQ:CSWC) last posted its quarterly earnings results on Monday, November 6th. The asset manager reported $0.25 earnings per share (EPS) for the quarter, meeting the Zacks’ consensus estimate of $0.25. Capital Southwest had a net margin of 91.90% and a return on equity of 5.46%. The company had revenue of $8.51 million during the quarter, compared to the consensus estimate of $8.13 million. equities research analysts expect that Capital Southwest Co. will post 1 earnings per share for the current year.

Several hedge funds have recently bought and sold shares of the company. River Road Asset Management LLC lifted its position in shares of Capital Southwest by 3.1% during the 4th quarter. River Road Asset Management LLC now owns 867,460 shares of the asset manager’s stock valued at $14,356,000 after acquiring an additional 26,330 shares during the period. Walter & Keenan Financial Consulting Co. MI ADV acquired a new stake in shares of Capital Southwest during the 4th quarter valued at approximately $149,000. Zuckerman Investment Group LLC lifted its position in shares of Capital Southwest by 6.9% during the 3rd quarter. Zuckerman Investment Group LLC now owns 1,356,695 shares of the asset manager’s stock valued at $23,240,000 after acquiring an additional 87,408 shares during the period. Advisors Asset Management Inc. lifted its position in shares of Capital Southwest by 272.5% during the 3rd quarter. Advisors Asset Management Inc. now owns 41,485 shares of the asset manager’s stock valued at $711,000 after acquiring an additional 30,349 shares during the period. Finally, New York State Common Retirement Fund lifted its position in shares of Capital Southwest by 12.3% during the 2nd quarter. New York State Common Retirement Fund now owns 103,139 shares of the asset manager’s stock valued at $1,658,000 after acquiring an additional 11,299 shares during the period. Institutional investors own 60.02% of the company’s stock.

A number of equities research analysts have weighed in on CSWC shares. BidaskClub lowered Capital Southwest from a “hold” rating to a “sell” rating in a report on Wednesday, December 20th. National Securities reaffirmed a “buy” rating and issued a $22.00 price objective on shares of Capital Southwest in a report on Thursday, November 9th. Finally, Ladenburg Thalmann Financial Services started coverage on Capital Southwest in a report on Thursday, November 30th. They issued a “buy” rating and a $19.00 price objective on the stock. Four investment analysts have rated the stock with a hold rating and four have assigned a buy rating to the company. The stock presently has an average rating of “Buy” and a consensus target price of $20.00.

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About Capital Southwest

Capital Southwest Corporation is an investment company that specializes in providing customized financing to middle market companies in a range of industry segments located primarily in the United States. The Company is a specialty lending company. Its principal investment objective is to produce risk-adjusted returns by generating current income from debt investments and capital appreciation from its equity and equity related investments.

Insider Buying and Selling by Quarter for Capital Southwest (NASDAQ:CSWC)

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