Medley Capital Corp. (NYSE:MCC) CEO Brook Taube bought 8,037 shares of the firm’s stock in a transaction that occurred on Tuesday, November 8th. The shares were acquired at an average price of $7.58 per share, with a total value of $60,920.46. The purchase was disclosed in a filing with the SEC, which is accessible through this link.

Brook Taube also recently made the following trade(s):

  • On Monday, November 7th, Brook Taube bought 10,500 shares of Medley Capital Corp. stock. The shares were acquired at an average price of $7.57 per share, with a total value of $79,485.00.
  • On Tuesday, November 1st, Brook Taube bought 142,110 shares of Medley Capital Corp. stock. The shares were acquired at an average price of $7.56 per share, with a total value of $1,074,351.60.
  • On Thursday, October 20th, Brook Taube bought 11,844 shares of Medley Capital Corp. stock. The shares were acquired at an average price of $7.59 per share, with a total value of $89,895.96.
  • On Monday, October 17th, Brook Taube bought 4,450 shares of Medley Capital Corp. stock. The shares were acquired at an average price of $7.60 per share, with a total value of $33,820.00.
  • On Friday, September 16th, Brook Taube bought 281,300 shares of Medley Capital Corp. stock. The shares were acquired at an average price of $7.15 per share, with a total value of $2,011,295.00.
  • On Tuesday, September 13th, Brook Taube bought 382,300 shares of Medley Capital Corp. stock. The shares were acquired at an average price of $7.25 per share, with a total value of $2,771,675.00.
  • On Thursday, September 1st, Brook Taube bought 20,000 shares of Medley Capital Corp. stock. The shares were acquired at an average price of $7.49 per share, with a total value of $149,800.00.
  • On Monday, August 22nd, Brook Taube bought 100,000 shares of Medley Capital Corp. stock. The shares were acquired at an average price of $7.55 per share, with a total value of $755,000.00.

Medley Capital Corp. (NYSE:MCC) opened at 7.92 on Monday. Medley Capital Corp. has a 12-month low of $5.26 and a 12-month high of $8.10. The firm has a 50-day moving average price of $7.66 and a 200-day moving average price of $7.19.

Insider Buying and Selling by Quarter for Medley Capital Corp. (NYSE:MCC)

The company also recently disclosed a quarterly dividend, which will be paid on Friday, December 23rd. Shareholders of record on Wednesday, November 23rd will be paid a $0.22 dividend. This represents a $0.88 dividend on an annualized basis and a yield of 11.11%. The ex-dividend date is Monday, November 21st. Medley Capital Corp.’s payout ratio is -122.22%.

A number of brokerages recently commented on MCC. Jefferies Group restated a “hold” rating and set a $7.00 target price on shares of Medley Capital Corp. in a report on Tuesday, October 25th. Zacks Investment Research upgraded Medley Capital Corp. from a “strong sell” rating to a “hold” rating in a report on Wednesday, October 12th. National Securities restated a “neutral” rating and set a $7.00 target price on shares of Medley Capital Corp. in a report on Thursday, August 11th. Finally, FBR & Co restated a “hold” rating on shares of Medley Capital Corp. in a report on Wednesday, August 10th. Seven investment analysts have rated the stock with a hold rating and three have assigned a buy rating to the stock. The stock has an average rating of “Hold” and an average price target of $7.67.

A number of hedge funds have recently added to or reduced their stakes in MCC. BlackRock Group LTD increased its stake in Medley Capital Corp. by 8.5% in the first quarter. BlackRock Group LTD now owns 274,984 shares of the investment management company’s stock worth $1,815,000 after buying an additional 21,625 shares during the last quarter. Cue Financial Group Inc. increased its position in Medley Capital Corp. by 0.6% in the second quarter. Cue Financial Group Inc. now owns 224,200 shares of the investment management company’s stock valued at $1,502,000 after buying an additional 1,300 shares in the last quarter. Bank of Montreal Can bought a new position in Medley Capital Corp. during the second quarter valued at $3,619,000. Confluence Investment Management LLC increased its position in Medley Capital Corp. by 18.0% in the second quarter. Confluence Investment Management LLC now owns 657,221 shares of the investment management company’s stock valued at $4,403,000 after buying an additional 100,300 shares in the last quarter. Finally, Ausdal Financial Partners Inc. bought a new position in Medley Capital Corp. during the second quarter valued at $340,000. 29.63% of the stock is currently owned by institutional investors and hedge funds.

About Medley Capital Corp.

Medley Capital Corporation is a non-diversified closed-end management investment company. The Company’s investment objective is to generate current income and capital appreciation by lending directly to privately held middle market companies, primarily through directly originated transactions to help these companies expand their business, refinance and make acquisitions.

5 Day Chart for NYSE:MCC

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