TICC Capital Corp. (NASDAQ:TICC) CEO Jonathan H. Cohen purchased 3,645 shares of the company’s stock in a transaction dated Monday, August 28th. The shares were acquired at an average price of $6.69 per share, for a total transaction of $24,385.05. The acquisition was disclosed in a filing with the SEC, which can be accessed through this link.

Jonathan H. Cohen also recently made the following trade(s):

  • On Wednesday, August 30th, Jonathan H. Cohen purchased 5,077 shares of TICC Capital Corp. stock. The shares were acquired at an average price of $6.67 per share, for a total transaction of $33,863.59.
  • On Tuesday, August 29th, Jonathan H. Cohen purchased 961 shares of TICC Capital Corp. stock. The shares were acquired at an average price of $6.70 per share, for a total transaction of $6,438.70.
  • On Friday, August 25th, Jonathan H. Cohen purchased 3,091 shares of TICC Capital Corp. stock. The shares were acquired at an average price of $6.69 per share, for a total transaction of $20,678.79.
  • On Thursday, August 24th, Jonathan H. Cohen purchased 3,438 shares of TICC Capital Corp. stock. The shares were acquired at an average price of $6.69 per share, for a total transaction of $23,000.22.
  • On Wednesday, August 23rd, Jonathan H. Cohen purchased 1,121 shares of TICC Capital Corp. stock. The shares were acquired at an average price of $6.69 per share, for a total transaction of $7,499.49.

Shares of TICC Capital Corp. (NASDAQ:TICC) traded down 1.34% on Thursday, hitting $6.65. 338,882 shares of the stock traded hands. TICC Capital Corp. has a one year low of $5.51 and a one year high of $8.19. The stock has a 50 day moving average of $6.67 and a 200 day moving average of $7.11. The company has a market cap of $342.34 million, a PE ratio of 3.75 and a beta of 0.69.

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

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Large investors have recently added to or reduced their stakes in the company. Exane Derivatives boosted its stake in TICC Capital Corp. by 10.9% in the second quarter. Exane Derivatives now owns 15,784 shares of the investment management company’s stock valued at $100,000 after buying an additional 1,547 shares during the last quarter. BlueCrest Capital Management Ltd purchased a new stake in TICC Capital Corp. during the first quarter valued at about $131,000. Sheaff Brock Investment Advisors LLC boosted its stake in TICC Capital Corp. by 11.9% in the second quarter. Sheaff Brock Investment Advisors LLC now owns 21,260 shares of the investment management company’s stock valued at $135,000 after buying an additional 2,260 shares during the last quarter. Northwestern Mutual Wealth Management Co. purchased a new stake in TICC Capital Corp. during the second quarter valued at about $136,000. Finally, Koch Industries Inc. purchased a new stake in TICC Capital Corp. during the first quarter valued at about $137,000. Hedge funds and other institutional investors own 17.45% of the company’s stock.

TICC has been the topic of several analyst reports. BidaskClub cut shares of TICC Capital Corp. from a “sell” rating to a “strong sell” rating in a research note on Tuesday, July 25th. Barclays PLC reiterated a “sell” rating and set a $6.00 price target on shares of TICC Capital Corp. in a research note on Wednesday, May 24th. National Securities reiterated a “sell” rating and set a $6.00 price target on shares of TICC Capital Corp. in a research note on Friday, May 12th. Zacks Investment Research cut shares of TICC Capital Corp. from a “buy” rating to a “hold” rating in a research note on Tuesday, July 11th. Finally, TheStreet cut shares of TICC Capital Corp. from a “b” rating to a “c+” rating in a research note on Friday, June 2nd. Four research analysts have rated the stock with a sell rating and one has assigned a hold rating to the company’s stock. TICC Capital Corp. currently 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.

Insider Buying and Selling by Quarter for TICC Capital Corp. (NASDAQ:TICC)

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