Medley Capital Corp. (NYSE:MCC) Director Seth Taube bought 18,537 shares of the business’s stock in a transaction dated Tuesday, November 8th. The shares were acquired at an average cost of $7.57 per share, for a total transaction of $140,325.09. The acquisition was disclosed in a document filed with the SEC, which can be accessed through this link.

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

  • On Friday, November 4th, Seth Taube bought 202,800 shares of Medley Capital Corp. stock. The shares were acquired at an average cost of $7.45 per share, for a total transaction of $1,510,860.00.
  • On Thursday, October 6th, Seth Taube bought 115,100 shares of Medley Capital Corp. stock. The shares were acquired at an average cost of $7.60 per share, for a total transaction of $874,760.00.
  • On Friday, August 19th, Seth Taube bought 171,000 shares of Medley Capital Corp. stock. The shares were acquired at an average cost of $7.69 per share, for a total transaction of $1,314,990.00.
  • On Tuesday, August 16th, Seth Taube bought 239,947 shares of Medley Capital Corp. stock. The shares were acquired at an average cost of $7.44 per share, for a total transaction of $1,785,205.68.

Medley Capital Corp. (NYSE:MCC) opened at 7.92 on Monday. The firm has a 50 day moving average price of $7.66 and a 200 day moving average price 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 announced a quarterly dividend, which will be paid on Friday, December 23rd. Stockholders of record on Wednesday, November 23rd will be given a $0.22 dividend. This represents a $0.88 annualized dividend and a dividend yield of 11.11%. The ex-dividend date of this dividend is Monday, November 21st. Medley Capital Corp.’s payout ratio is -122.22%.

Several equities research analysts have recently weighed in on the company. Zacks Investment Research lowered Medley Capital Corp. from a “hold” rating to a “strong sell” rating in a research report on Thursday, August 11th. FBR & Co reissued a “hold” rating on shares of Medley Capital Corp. in a research report on Wednesday, August 10th. Jefferies Group reissued a “hold” rating on shares of Medley Capital Corp. in a research report on Friday, August 12th. Finally, National Securities reissued a “neutral” rating and set a $7.00 target price on shares of Medley Capital Corp. in a research report on Thursday, August 11th. Seven 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 an average rating of “Hold” and an average target price of $7.67.

Large investors have recently modified their holdings of the company. Janney Montgomery Scott LLC increased its position in shares of Medley Capital Corp. by 43.8% in the second quarter. Janney Montgomery Scott LLC now owns 400,342 shares of the investment management company’s stock worth $3,011,000 after buying an additional 121,971 shares in the last quarter. BlackRock Group LTD increased its position in shares of Medley Capital Corp. by 14.6% in the second quarter. BlackRock Group LTD now owns 315,059 shares of the investment management company’s stock worth $2,111,000 after buying an additional 40,075 shares in the last quarter. PineBridge Investments L.P. increased its position 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 worth $115,000 after buying an additional 4,711 shares in the last quarter. Dynamic Technology Lab Private Ltd acquired a new position in shares of Medley Capital Corp. during the second quarter worth approximately $291,000. Finally, Ameriprise Financial Inc. increased its position in shares of Medley Capital Corp. by 2.8% in the second quarter. Ameriprise Financial Inc. now owns 56,679 shares of the investment management company’s stock worth $380,000 after buying an additional 1,558 shares in the last quarter. 29.63% of the stock is owned by institutional investors.

Medley Capital Corp. Company Profile

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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