TICC Capital Corp. (TICC) COO Buys $40,553.60 in Stock

TICC Capital Corp. (NASDAQ:TICC) COO Saul B. Rosenthal bought 7,360 shares of the stock in a transaction that occurred on Monday, February 12th. The stock was acquired at an average price of $5.51 per share, for a total transaction of $40,553.60. The acquisition was disclosed in a filing with the SEC, which can be accessed through the SEC website.

Saul B. Rosenthal also recently made the following trade(s):

  • On Thursday, February 8th, Saul B. Rosenthal acquired 4,889 shares of TICC Capital stock. The stock was purchased at an average cost of $5.54 per share, with a total value of $27,085.06.
  • On Wednesday, December 20th, Saul B. Rosenthal acquired 8,086 shares of TICC Capital stock. The stock was purchased at an average cost of $5.83 per share, with a total value of $47,141.38.
  • On Monday, December 18th, Saul B. Rosenthal acquired 31,161 shares of TICC Capital stock. The stock was purchased at an average cost of $5.81 per share, with a total value of $181,045.41.
  • On Friday, December 15th, Saul B. Rosenthal acquired 8,498 shares of TICC Capital stock. The stock was purchased at an average cost of $5.84 per share, with a total value of $49,628.32.
  • On Wednesday, December 13th, Saul B. Rosenthal acquired 4,445 shares of TICC Capital stock. The stock was purchased at an average cost of $5.94 per share, with a total value of $26,403.30.
  • On Monday, December 11th, Saul B. Rosenthal acquired 450 shares of TICC Capital stock. The stock was purchased at an average cost of $6.10 per share, with a total value of $2,745.00.
  • On Tuesday, November 21st, Saul B. Rosenthal acquired 1,050 shares of TICC Capital stock. The stock was purchased at an average cost of $6.09 per share, with a total value of $6,394.50.
  • On Wednesday, November 15th, Saul B. Rosenthal acquired 8,485 shares of TICC Capital stock. The stock was purchased at an average cost of $6.03 per share, with a total value of $51,164.55.

TICC Capital Corp. (NASDAQ TICC) traded up $0.06 during trading on Monday, hitting $5.52. 202,336 shares of the stock were exchanged, compared to its average volume of 282,306. TICC Capital Corp. has a 1 year low of $5.15 and a 1 year high of $8.19. The company has a market cap of $284.17, a P/E ratio of 5.26, a P/E/G ratio of 1.79 and a beta of 0.55. 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 declared that its board has authorized a share buyback plan on Tuesday, February 6th that authorizes the company to buyback $25.00 million in shares. This buyback authorization authorizes the investment management company to repurchase shares of its stock through open market purchases. Shares buyback plans are often a sign that the company’s leadership believes its shares are undervalued.

Several institutional investors have recently added to or reduced their stakes in the company. Royal Bank of Canada grew its position in shares of TICC Capital by 2.1% during the 2nd quarter. Royal Bank of Canada now owns 54,705 shares of the investment management company’s stock valued at $346,000 after acquiring an additional 1,110 shares during the period. Janney Montgomery Scott LLC grew its position in shares of TICC Capital by 24.8% during the 3rd quarter. Janney Montgomery Scott LLC now owns 59,294 shares of the investment management company’s stock valued at $406,000 after acquiring an additional 11,776 shares during the period. Wedbush Securities Inc. grew its position in shares of TICC Capital by 82.8% during the 4th quarter. Wedbush Securities Inc. now owns 27,600 shares of the investment management company’s stock valued at $158,000 after acquiring an additional 12,500 shares during the period. Ramsey Quantitative Systems bought a new position in shares of TICC Capital during the 4th quarter valued at approximately $103,000. Finally, Legal & General Group Plc grew its position in shares of TICC Capital by 14.4% during the 3rd quarter. Legal & General Group Plc now owns 146,257 shares of the investment management company’s stock valued at $1,001,000 after acquiring an additional 18,430 shares during the period. 15.81% of the stock is owned by hedge funds and other institutional investors.

A number of equities research analysts have issued reports on the stock. BidaskClub raised shares of TICC Capital from a “strong sell” rating to a “sell” rating in a research report on Wednesday, February 7th. Zacks Investment Research downgraded shares of TICC Capital from a “buy” rating to a “hold” rating in a research report on Saturday, January 20th. National Securities downgraded shares of TICC Capital from a “neutral” rating to a “sell” rating and set a $5.00 price objective for the company. in a research report on Monday, December 4th. ValuEngine raised shares of TICC Capital from a “hold” rating to a “buy” rating in a research report on Thursday, November 9th. Finally, Ladenburg Thalmann Financial Services raised shares of TICC Capital from a “neutral” rating to a “buy” rating in a research report on Monday, November 6th. Four analysts have rated the stock with a sell rating, one has given a hold rating and two have given a buy rating to the stock. TICC Capital presently has an average rating of “Hold” and a consensus target price of $5.83.

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About TICC Capital

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 (NASDAQ:TICC)

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