TICC Capital Corp. (NASDAQ:TICC) CEO Jonathan H. Cohen bought 5,077 shares of the business’s stock in a transaction that occurred on Wednesday, August 30th. The shares were bought at an average cost of $6.67 per share, for a total transaction of $33,863.59. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink.

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

  • On Tuesday, August 29th, Jonathan H. Cohen bought 961 shares of TICC Capital Corp. stock. The shares were bought at an average cost of $6.70 per share, for a total transaction of $6,438.70.
  • On Monday, August 28th, Jonathan H. Cohen bought 3,645 shares of TICC Capital Corp. stock. The shares were bought at an average cost of $6.69 per share, for a total transaction of $24,385.05.
  • On Friday, August 25th, Jonathan H. Cohen bought 3,091 shares of TICC Capital Corp. stock. The shares were bought at an average cost of $6.69 per share, for a total transaction of $20,678.79.
  • On Thursday, August 24th, Jonathan H. Cohen bought 3,438 shares of TICC Capital Corp. stock. The shares were bought at an average cost of $6.69 per share, for a total transaction of $23,000.22.
  • On Wednesday, August 23rd, Jonathan H. Cohen bought 1,121 shares of TICC Capital Corp. stock. The shares were bought at an average cost of $6.69 per share, for a total transaction of $7,499.49.

TICC Capital Corp. (TICC) traded up 1.50% on Friday, reaching $6.75. 219,166 shares of the company’s stock traded hands. TICC Capital Corp. has a 12 month low of $5.51 and a 12 month high of $8.19. The firm’s 50 day moving average price is $6.66 and its 200 day moving average price is $7.08. The company has a market cap of $347.48 million, a PE ratio of 3.81 and a beta of 0.67.

TICC Capital Corp. (NASDAQ:TICC) last posted its quarterly earnings results on Tuesday, August 8th. The investment management company reported $0.15 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.16 by $0.01. The company had revenue of $17.01 million during the quarter, compared to analysts’ expectations of $14.60 million. TICC Capital Corp. had a return on equity of 7.50% and a net margin of 142.50%. During the same period in the prior year, the firm earned $0.32 EPS. On average, equities analysts expect that TICC Capital Corp. will post $0.62 EPS for the current fiscal year.

COPYRIGHT VIOLATION WARNING: This report was originally published by The Cerbat Gem and is the property of of The Cerbat Gem. If you are viewing this report on another site, it was copied illegally and reposted in violation of United States and international trademark & copyright law. The original version of this report can be viewed at https://www.thecerbatgem.com/2017/09/02/ticc-capital-corp-ticc-ceo-purchases-33863-59-in-stock.html.

Several research analysts have weighed in on TICC shares. TheStreet downgraded shares of TICC Capital Corp. from a “b” rating to a “c+” rating in a report on Friday, June 2nd. Zacks Investment Research downgraded shares of TICC Capital Corp. from a “buy” rating to a “hold” rating in a report on Tuesday, July 11th. Barclays PLC restated a “sell” rating and set a $6.00 price objective on shares of TICC Capital Corp. in a report on Wednesday, May 24th. National Securities restated a “sell” rating and set a $6.00 price objective on shares of TICC Capital Corp. in a report on Friday, May 12th. Finally, BidaskClub downgraded shares of TICC Capital Corp. from a “sell” rating to a “strong sell” rating in a report on Tuesday, July 25th. Four analysts have rated the stock with a sell rating and one has issued a hold rating to the stock. The stock presently has an average rating of “Sell” and a consensus price target of $6.75.

Institutional investors have recently bought and sold shares of the company. Exane Derivatives raised its position 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 in the last quarter. BlueCrest Capital Management Ltd bought a new position in TICC Capital Corp. during the first quarter valued at about $131,000. Sheaff Brock Investment Advisors LLC raised its position 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 in the last quarter. Northwestern Mutual Wealth Management Co. bought a new position in TICC Capital Corp. during the second quarter valued at about $136,000. Finally, Koch Industries Inc. bought a new position in TICC Capital Corp. during the first quarter valued at about $137,000. 17.45% of the stock is owned by hedge funds and other institutional investors.

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)

Receive News & Stock Ratings for TICC Capital Corp. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for TICC Capital Corp. and related stocks with our FREE daily email newsletter.