Harvest Capital Credit Corp (HCAP) Major Shareholder Acquires $103,472.40 in Stock

Harvest Capital Credit Corp (NASDAQ:HCAP) major shareholder Jmp Group Llc acquired 9,780 shares of the firm’s stock in a transaction that occurred on Tuesday, February 13th. The shares were purchased at an average price of $10.58 per share, with a total value of $103,472.40. The transaction was disclosed in a filing with the SEC, which is accessible through this link. Large shareholders that own at least 10% of a company’s shares are required to disclose their transactions with the SEC.

Jmp Group Llc also recently made the following trade(s):

  • On Friday, February 9th, Jmp Group Llc acquired 3,076 shares of Harvest Capital Credit stock. The shares were purchased at an average price of $11.00 per share, with a total value of $33,836.00.
  • On Friday, December 29th, Jmp Group Llc acquired 5,675 shares of Harvest Capital Credit stock. The shares were purchased at an average price of $10.99 per share, with a total value of $62,368.25.
  • On Tuesday, January 2nd, Jmp Group Llc acquired 8,475 shares of Harvest Capital Credit stock. The shares were purchased at an average price of $10.99 per share, with a total value of $93,140.25.
  • On Tuesday, December 26th, Jmp Group Llc acquired 5,675 shares of Harvest Capital Credit stock. The shares were purchased at an average price of $10.91 per share, with a total value of $61,914.25.
  • On Thursday, December 28th, Jmp Group Llc acquired 14,750 shares of Harvest Capital Credit stock. The shares were purchased at an average price of $10.92 per share, with a total value of $161,070.00.
  • On Friday, December 15th, Jmp Group Llc acquired 5,904 shares of Harvest Capital Credit stock. The shares were purchased at an average price of $10.94 per share, with a total value of $64,589.76.
  • On Tuesday, December 5th, Jmp Group Llc acquired 300 shares of Harvest Capital Credit stock. The shares were purchased at an average price of $11.00 per share, with a total value of $3,300.00.
  • On Thursday, December 7th, Jmp Group Llc acquired 2,500 shares of Harvest Capital Credit stock. The shares were purchased at an average price of $11.00 per share, with a total value of $27,500.00.
  • On Wednesday, November 29th, Jmp Group Llc acquired 38,841 shares of Harvest Capital Credit stock. The shares were purchased at an average price of $10.75 per share, with a total value of $417,540.75.
  • On Friday, December 1st, Jmp Group Llc acquired 60,446 shares of Harvest Capital Credit stock. The shares were purchased at an average price of $10.75 per share, with a total value of $649,794.50.

Shares of Harvest Capital Credit Corp (NASDAQ:HCAP) traded up $0.11 on Tuesday, reaching $10.32. 44,500 shares of the company’s stock were exchanged, compared to its average volume of 31,788. The company has a debt-to-equity ratio of 0.39, a quick ratio of 1.43 and a current ratio of 1.43. Harvest Capital Credit Corp has a 1 year low of $10.03 and a 1 year high of $14.65. The company has a market capitalization of $66.24, a price-to-earnings ratio of 21.96 and a beta of 0.70.

The business also recently declared a monthly dividend, which will be paid on Tuesday, March 27th. Shareholders of record on Tuesday, March 20th will be paid a $0.095 dividend. This represents a $1.14 dividend on an annualized basis and a yield of 11.05%. The ex-dividend date of this dividend is Monday, March 19th. Harvest Capital Credit’s payout ratio is currently 287.24%.

An institutional investor recently bought a new position in Harvest Capital Credit stock. Macquarie Group Ltd. purchased a new stake in Harvest Capital Credit Corp (NASDAQ:HCAP) during the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund purchased 37,629 shares of the investment management company’s stock, valued at approximately $503,000. Macquarie Group Ltd. owned approximately 0.59% of Harvest Capital Credit as of its most recent filing with the Securities and Exchange Commission (SEC). 5.71% of the stock is currently owned by hedge funds and other institutional investors.

A number of brokerages recently issued reports on HCAP. Zacks Investment Research cut shares of Harvest Capital Credit from a “hold” rating to a “sell” rating in a report on Thursday, November 9th. ValuEngine cut shares of Harvest Capital Credit from a “strong-buy” rating to a “buy” rating in a report on Friday, February 2nd. Janney Montgomery Scott cut shares of Harvest Capital Credit from a “buy” rating to a “neutral” rating in a report on Friday. Finally, TheStreet cut shares of Harvest Capital Credit from a “b-” rating to a “c+” rating in a report on Wednesday, November 29th. Three investment analysts have rated the stock with a hold rating and one has given a buy rating to the company. The stock has a consensus rating of “Hold” and a consensus price target of $13.50.

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Harvest Capital Credit Company Profile

Harvest Capital Credit Corporation is an externally managed, closed-end, non-diversified management investment company. The Company operates as a business development company and provides customized financing solutions for small to mid-sized companies. Its investment objective is to generate both current income and capital appreciation by making direct investments in the form of subordinated debt, senior debt, and to a lesser extent, minority equity investments in privately-held the United States small to mid-sized companies.

Insider Buying and Selling by Quarter for Harvest Capital Credit (NASDAQ:HCAP)

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