Emerald Advisers Inc. PA Has $3,798,000 Position in GSV Capital Corp. (GSVC)
Emerald Advisers Inc. PA lowered its position in GSV Capital Corp. (NASDAQ:GSVC) by 0.9% during the second quarter, Holdings Channel reports. The fund owned 756,657 shares of the investment management company’s stock after selling 7,220 shares during the period. Emerald Advisers Inc. PA’s holdings in GSV Capital Corp. were worth $3,798,000 as of its most recent SEC filing.
GSV Capital Corp. (NASDAQ:GSVC) traded up 1.122% during midday trading on Friday, hitting $4.955. The stock had a trading volume of 81,555 shares. The firm has a 50-day moving average price of $4.84 and a 200-day moving average price of $5.30. GSV Capital Corp. has a 1-year low of $4.47 and a 1-year high of $10.50.
GSV Capital Corp. (NASDAQ:GSVC) last announced its earnings results on Thursday, August 4th. The investment management company reported ($0.74) earnings per share (EPS) for the quarter, missing the Zacks’ consensus estimate of ($0.25) by $0.49. GSV Capital Corp. had a negative net margin of 9,885.07% and a negative return on equity of 14.61%. Equities research analysts predict that GSV Capital Corp. will post ($0.74) EPS for the current fiscal year.
In other news, CEO Michael T. Moe bought 11,301 shares of the company’s stock in a transaction that occurred on Monday, August 29th. The shares were acquired at an average price of $4.94 per share, with a total value of $55,826.94. Following the transaction, the chief executive officer now owns 57,436 shares in the company, valued at $283,733.84. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, CEO Michael T. Moe bought 10,000 shares of the company’s stock in a transaction that occurred on Tuesday, August 9th. The stock was purchased at an average cost of $5.60 per share, for a total transaction of $56,000.00. Following the transaction, the chief executive officer now owns 34,375 shares in the company, valued at approximately $192,500. The disclosure for this purchase can be found here. 0.50% of the stock is owned by corporate insiders.
GSV Capital Corp. Company Profile
GSV Capital Corp. (GSV Capital) is an externally managed, non-diversified closed-end management investment company. The Company’s investment objective is to maximize its portfolio’s total return, principally by seeking capital gains on its equity and equity-related investments. The Company invests principally in the equity securities, which are venture-capital-backed emerging companies.
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