Insider Buying: Harvest Capital Credit Corp (HCAP) Major Shareholder Acquires 3,076 Shares of Stock

Harvest Capital Credit Corp (NASDAQ:HCAP) major shareholder Jmp Group Llc bought 3,076 shares of the firm’s stock in a transaction that occurred on Friday, February 9th. The stock was bought at an average price of $11.00 per share, with a total value of $33,836.00. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Major shareholders that own at least 10% of a company’s stock are required to disclose their sales and purchases with the SEC.

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

  • On Tuesday, February 13th, Jmp Group Llc purchased 9,780 shares of Harvest Capital Credit stock. The stock was acquired at an average price of $10.58 per share, for a total transaction of $103,472.40.
  • On Friday, December 29th, Jmp Group Llc purchased 5,675 shares of Harvest Capital Credit stock. The stock was acquired at an average price of $10.99 per share, for a total transaction of $62,368.25.
  • On Tuesday, January 2nd, Jmp Group Llc purchased 8,475 shares of Harvest Capital Credit stock. The stock was acquired at an average price of $10.99 per share, for a total transaction of $93,140.25.
  • On Tuesday, December 26th, Jmp Group Llc purchased 5,675 shares of Harvest Capital Credit stock. The stock was acquired at an average price of $10.91 per share, for a total transaction of $61,914.25.
  • On Thursday, December 28th, Jmp Group Llc purchased 14,750 shares of Harvest Capital Credit stock. The stock was acquired at an average price of $10.92 per share, for a total transaction of $161,070.00.
  • On Friday, December 15th, Jmp Group Llc purchased 5,904 shares of Harvest Capital Credit stock. The stock was acquired at an average price of $10.94 per share, for a total transaction of $64,589.76.
  • On Tuesday, December 5th, Jmp Group Llc purchased 300 shares of Harvest Capital Credit stock. The stock was acquired at an average price of $11.00 per share, for a total transaction of $3,300.00.
  • On Thursday, December 7th, Jmp Group Llc purchased 2,500 shares of Harvest Capital Credit stock. The stock was acquired at an average price of $11.00 per share, for a total transaction of $27,500.00.
  • On Wednesday, November 29th, Jmp Group Llc purchased 38,841 shares of Harvest Capital Credit stock. The stock was acquired at an average price of $10.75 per share, for a total transaction of $417,540.75.
  • On Friday, December 1st, Jmp Group Llc purchased 60,446 shares of Harvest Capital Credit stock. The stock was acquired at an average price of $10.75 per share, for a total transaction of $649,794.50.

Harvest Capital Credit Corp (NASDAQ:HCAP) traded up $0.11 on Tuesday, hitting $10.32. The stock had a trading volume of 44,500 shares, compared to its average volume of 31,788. The company has a debt-to-equity ratio of 0.39, a current ratio of 1.43 and a quick ratio of 1.43. Harvest Capital Credit Corp has a twelve month low of $10.03 and a twelve month high of $14.65. The firm has a market capitalization of $66.24, a PE ratio of 21.96 and a beta of 0.70.

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

An institutional investor recently bought a new position in Harvest Capital Credit stock. Macquarie Group Ltd. bought a new position in shares of Harvest Capital Credit Corp (NASDAQ:HCAP) during the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund bought 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). Institutional investors own 5.71% of the company’s stock.

A number of research firms have weighed in on HCAP. Zacks Investment Research upgraded Harvest Capital Credit from a “sell” rating to a “hold” rating in a research note on Thursday, February 8th. ValuEngine cut Harvest Capital Credit from a “strong-buy” rating to a “buy” rating in a research note on Friday, February 2nd. Janney Montgomery Scott cut Harvest Capital Credit from a “buy” rating to a “neutral” rating in a research note on Friday. Finally, TheStreet cut Harvest Capital Credit from a “b-” rating to a “c+” rating in a research note on Wednesday, November 29th. Three research analysts have rated the stock with a hold rating and one has given a buy rating to the company. Harvest Capital Credit currently has a consensus rating of “Hold” and an average 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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