TICC Capital Corp. (NASDAQ:TICC) insider Saul B. Rosenthal purchased 10,021 shares of the business’s stock in a transaction that occurred on Tuesday, August 22nd. The stock was bought at an average cost of $6.66 per share, with a total value of $66,739.86. The purchase was disclosed in a legal filing with the SEC, which is accessible through this hyperlink.

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

  • On Monday, August 14th, Saul B. Rosenthal purchased 17,153 shares of TICC Capital Corp. stock. The stock was bought at an average cost of $6.61 per share, with a total value of $113,381.33.

Shares of TICC Capital Corp. (TICC) opened at 6.64 on Wednesday. The stock has a market cap of $341.82 million, a price-to-earnings ratio of 3.75 and a beta of 0.69. The stock’s 50 day moving average is $6.69 and its 200-day moving average is $7.12. TICC Capital Corp. has a 12-month low of $5.51 and a 12-month high of $8.19.

TICC Capital Corp. (NASDAQ:TICC) last announced its quarterly earnings data on Tuesday, August 8th. The investment management company reported $0.15 earnings per share for the quarter, missing the Thomson Reuters’ consensus estimate of $0.16 by $0.01. The firm had revenue of $17.01 million during the quarter, compared to analyst estimates of $14.60 million. TICC Capital Corp. had a net margin of 142.50% and a return on equity of 7.50%. During the same quarter last year, the company earned $0.32 EPS. Equities analysts anticipate that TICC Capital Corp. will post $0.62 EPS for the current fiscal year.

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Several hedge funds have recently made changes to their positions in the stock. Dynamic Technology Lab Private Ltd raised its stake in shares of TICC Capital Corp. by 444.1% in the second quarter. Dynamic Technology Lab Private Ltd now owns 126,523 shares of the investment management company’s stock valued at $802,000 after buying an additional 103,270 shares during the period. Arrowstreet Capital Limited Partnership purchased a new stake in shares of TICC Capital Corp. during the second quarter valued at $693,000. Royal Bank of Canada increased its stake in shares of TICC Capital Corp. by 2.1% in the second quarter. Royal Bank of Canada now owns 54,705 shares of the investment management company’s stock valued at $346,000 after buying an additional 1,110 shares in the last quarter. Virtu KCG Holdings LLC increased its stake in shares of TICC Capital Corp. by 90.8% in the second quarter. Virtu KCG Holdings LLC now owns 40,996 shares of the investment management company’s stock valued at $260,000 after buying an additional 19,510 shares in the last quarter. Finally, Van ECK Associates Corp increased its stake in shares of TICC Capital Corp. by 6.7% in the second quarter. Van ECK Associates Corp now owns 419,844 shares of the investment management company’s stock valued at $2,662,000 after buying an additional 26,181 shares in the last quarter. Institutional investors and hedge funds own 19.79% of the company’s stock.

Several brokerages recently commented on TICC. National Securities reissued a “sell” rating and issued a $6.00 price target on shares of TICC Capital Corp. in a report on Monday, August 14th. BidaskClub lowered shares of TICC Capital Corp. from a “sell” rating to a “strong sell” rating in a report on Tuesday, July 25th. Zacks Investment Research lowered shares of TICC Capital Corp. from a “buy” rating to a “hold” rating in a report on Tuesday, July 11th. TheStreet lowered shares of TICC Capital Corp. from a “b” rating to a “c+” rating in a report on Friday, June 2nd. Finally, Barclays PLC reaffirmed a “sell” rating and set a $6.00 target price on shares of TICC Capital Corp. in a report on Wednesday, May 24th. Four analysts have rated the stock with a sell rating and one has assigned a hold rating to the company’s stock. The stock presently has an average rating of “Sell” and an average target price of $6.75.

About TICC Capital Corp.

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.

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