Medley Capital Corp. (NYSE:MCC) CEO Brook Taube acquired 10,500 shares of the stock in a transaction on Monday, November 7th. The stock was bought at an average price of $7.57 per share, with a total value of $79,485.00. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website.

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

  • On Tuesday, November 8th, Brook Taube bought 8,037 shares of Medley Capital Corp. stock. The shares were acquired at an average cost of $7.58 per share, with a total value of $60,920.46.
  • On Tuesday, November 1st, Brook Taube bought 142,110 shares of Medley Capital Corp. stock. The shares were acquired at an average cost 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 cost 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 cost 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 cost 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 cost 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 cost 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 cost of $7.55 per share, with a total value of $755,000.00.

Shares of Medley Capital Corp. (NYSE:MCC) opened at 7.92 on Monday. The firm has a 50-day moving average of $7.66 and a 200-day moving average of $7.19. Medley Capital Corp. has a 52-week low of $5.26 and a 52-week high of $8.10.

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

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

Several large investors have recently made changes to their positions in MCC. Acrospire Investment Management LLC boosted its stake in shares of Medley Capital Corp. by 52.6% in the third quarter. Acrospire Investment Management LLC now owns 13,930 shares of the investment management company’s stock valued at $106,000 after buying an additional 4,800 shares during the last quarter. Malaga Cove Capital LLC acquired a new stake in shares of Medley Capital Corp. during the third quarter valued at $107,000. IFP Advisors Inc boosted its stake in shares of Medley Capital Corp. by 8.3% in the second quarter. IFP Advisors Inc now owns 16,559 shares of the investment management company’s stock valued at $111,000 after buying an additional 1,269 shares during the last quarter. PineBridge Investments L.P. boosted its stake in shares of Medley Capital Corp. by 37.6% in the second quarter. PineBridge Investments L.P. now owns 17,227 shares of the investment management company’s stock valued at $115,000 after buying an additional 4,711 shares during the last quarter. Finally, GAM Holding AG acquired a new stake in shares of Medley Capital Corp. during the third quarter valued at $120,000. 29.63% of the stock is owned by hedge funds and other institutional investors.

A number of equities analysts have weighed in on the stock. Zacks Investment Research raised shares of Medley Capital Corp. from a “strong sell” rating to a “hold” rating in a research note on Wednesday, October 12th. Jefferies Group reissued a “hold” rating and set a $7.00 price target on shares of Medley Capital Corp. in a research report on Tuesday, October 25th. FBR & Co reissued a “hold” rating on shares of Medley Capital Corp. in a research report on Wednesday, August 10th. Finally, National Securities reissued a “neutral” rating and set a $7.00 price target on shares of Medley Capital Corp. in a research report on Thursday, August 11th. Seven equities research analysts have rated the stock with a hold rating and three have assigned a buy rating to the company’s stock. Medley Capital Corp. currently has a consensus rating of “Hold” and an average target price of $7.67.

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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