WhiteHorse Finance Inc. (NASDAQ:WHF) Director John Bolduc acquired 3,180 shares of the firm’s stock in a transaction on Tuesday, November 8th. The stock was acquired at an average cost of $10.85 per share, with a total value of $34,503.00. Following the acquisition, the director now owns 157,146 shares of the company’s stock, valued at $1,705,034.10. The purchase was disclosed in a document filed with the SEC, which is available through this link.

John Bolduc also recently made the following trade(s):

  • On Monday, November 7th, John Bolduc acquired 730 shares of WhiteHorse Finance stock. The stock was acquired at an average cost of $10.74 per share, with a total value of $7,840.20.

Shares of WhiteHorse Finance Inc. (NASDAQ:WHF) opened at 11.55 on Monday. WhiteHorse Finance Inc. has a 52 week low of $9.14 and a 52 week high of $12.99. The company’s 50 day moving average is $10.84 and its 200-day moving average is $10.98.

WhiteHorse Finance (NASDAQ:WHF) last released its quarterly earnings data on Thursday, November 3rd. The investment management company reported $0.40 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.35 by $0.05. WhiteHorse Finance had a return on equity of 8.94% and a net margin of 14.26%. Analysts forecast that WhiteHorse Finance Inc. will post $1.44 EPS for the current fiscal year.

Insider Buying and Selling by Quarter for WhiteHorse Finance (NASDAQ:WHF)

Several hedge funds have recently added to or reduced their stakes in the stock. Nantahala Capital Management LLC boosted its stake in shares of WhiteHorse Finance by 18.8% in the first quarter. Nantahala Capital Management LLC now owns 235,669 shares of the investment management company’s stock worth $2,446,000 after buying an additional 37,347 shares during the period. Orinda Asset Management LLC bought a new stake in shares of WhiteHorse Finance during the second quarter worth $655,000. Baird Financial Group Inc. boosted its stake in shares of WhiteHorse Finance by 4.9% in the second quarter. Baird Financial Group Inc. now owns 25,554 shares of the investment management company’s stock worth $276,000 after buying an additional 1,203 shares during the period. Nuveen Fund Advisors LLC bought a new stake in shares of WhiteHorse Finance during the second quarter worth $393,000. Finally, Morgan Stanley boosted its stake in shares of WhiteHorse Finance by 7.5% in the third quarter. Morgan Stanley now owns 133,915 shares of the investment management company’s stock worth $1,464,000 after buying an additional 9,287 shares during the period. Institutional investors and hedge funds own 9.80% of the company’s stock.

A number of equities research analysts have issued reports on WHF shares. Zacks Investment Research upgraded WhiteHorse Finance from a “sell” rating to a “hold” rating in a research note on Saturday, September 3rd. Robert W. Baird cut WhiteHorse Finance from an “outperform” rating to a “neutral” rating and set a $12.00 target price on the stock. in a research note on Tuesday, August 9th. Deutsche Bank AG set a $13.50 target price on WhiteHorse Finance and gave the company a “buy” rating in a research note on Thursday, August 11th. Citigroup Inc. raised their target price on WhiteHorse Finance from $11.00 to $12.00 and gave the company a “buy” rating in a research note on Wednesday, September 14th. Finally, TheStreet upgraded WhiteHorse Finance from a “hold” rating to a “buy” rating in a research note on Friday, August 5th. One investment analyst has rated the stock with a hold rating and five have given a buy rating to the stock. WhiteHorse Finance presently has an average rating of “Buy” and an average price target of $12.40.

About WhiteHorse Finance

WhiteHorse Finance, Inc is a non-diversified, closed-end management investment company. The Company is a direct lender targeting debt investments in privately held, small-cap companies located in the United States. The Company’s investment objective is to generate attractive risk-adjusted returns primarily by originating and investing in senior secured loans, including first lien and second lien facilities, to performing small-cap companies across a range of industries that typically carry a floating interest rate based on the London Interbank Offered Rate (LIBOR) and have a term of 3 to 6 years.

5 Day Chart for NASDAQ:WHF

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