Shares of Fifth Street Asset Management Inc. (NASDAQ:FSAM) saw unusually-strong trading volume on Monday . Approximately 502,968 shares changed hands during trading, an increase of 349% from the previous session’s volume of 111,999 shares.The stock last traded at $5.05 and had previously closed at $5.01.

A number of equities research analysts have recently weighed in on FSAM shares. Zacks Investment Research raised Fifth Street Asset Management from a “hold” rating to a “buy” rating and set a $5.50 price target on the stock in a report on Friday. Deutsche Bank AG lifted their price target on Fifth Street Asset Management from $5.00 to $6.25 and gave the company a “buy” rating in a report on Thursday. Finally, Credit Suisse Group AG reaffirmed a “neutral” rating on shares of Fifth Street Asset Management in a report on Friday.

The stock’s market cap is $29.44 million. The company has a 50 day moving average of $4.23 and a 200 day moving average of $3.72.

Fifth Street Asset Management (NASDAQ:FSAM) last issued its quarterly earnings data on Monday, August 15th. The company reported $0.20 earnings per share for the quarter, topping the Thomson Reuters’ consensus estimate of $0.12 by $0.08. Equities analysts expect that Fifth Street Asset Management Inc. will post $0.62 EPS for the current year.

In other news, major shareholder Mangrove Partners Fund (Cayman sold 215,478 shares of the company’s stock in a transaction that occurred on Friday, August 26th. The shares were sold at an average price of $5.07, for a total transaction of $1,092,473.46. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink.

Fifth Street Asset Management Inc is an alternative asset manager. The Company provides asset management services to its investment funds (the Fifth Street Funds or the funds), which consist of Fifth Street Finance Corp. (FSC) and Fifth Street Senior Floating Rate Corp. (FSFR), both publicly-traded business development companies (together, the BDCs).

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