GREAT ELM CAP C (NASDAQ:GECC) major shareholder Mast Capital Management, Llc sold 29,667 shares of the business’s stock in a transaction on Monday, October 9th. The stock was sold at an average price of $10.32, for a total value of $306,163.44. The transaction was disclosed in a document filed with the SEC, which is available through this link. Major shareholders that own 10% or more of a company’s stock are required to disclose their sales and purchases with the SEC.

Mast Capital Management, Llc also recently made the following trade(s):

  • On Wednesday, October 11th, Mast Capital Management, Llc sold 11,892 shares of GREAT ELM CAP C stock. The stock was sold at an average price of $10.15, for a total value of $120,703.80.
  • On Wednesday, October 4th, Mast Capital Management, Llc sold 18,605 shares of GREAT ELM CAP C stock. The stock was sold at an average price of $10.41, for a total value of $193,678.05.
  • On Friday, September 29th, Mast Capital Management, Llc sold 82,780 shares of GREAT ELM CAP C stock. The stock was sold at an average price of $10.47, for a total value of $866,706.60.
  • On Tuesday, September 26th, Mast Capital Management, Llc sold 17,223 shares of GREAT ELM CAP C stock. The stock was sold at an average price of $10.58, for a total value of $182,219.34.
  • On Thursday, September 21st, Mast Capital Management, Llc sold 59,676 shares of GREAT ELM CAP C stock. The stock was sold at an average price of $10.65, for a total value of $635,549.40.
  • On Friday, September 15th, Mast Capital Management, Llc sold 12,761 shares of GREAT ELM CAP C stock. The stock was sold at an average price of $10.78, for a total value of $137,563.58.
  • On Friday, September 8th, Mast Capital Management, Llc sold 600 shares of GREAT ELM CAP C stock. The stock was sold at an average price of $10.93, for a total value of $6,558.00.

GREAT ELM CAP C (NASDAQ:GECC) last released its quarterly earnings results on Monday, August 14th. The financial services provider reported $0.29 earnings per share for the quarter, beating the Zacks’ consensus estimate of $0.20 by $0.09. The firm had revenue of $6.24 million for the quarter, compared to analysts’ expectations of $5.20 million.

The business also recently disclosed a monthly dividend, which will be paid on Tuesday, January 16th. Stockholders of record on Friday, December 29th will be issued a $0.083 dividend. The ex-dividend date of this dividend is Thursday, December 28th. This represents a $1.00 annualized dividend and a dividend yield of 9.87%.

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A number of equities analysts have issued reports on the company. CIBC assumed coverage on GREAT ELM CAP C in a report on Wednesday, June 28th. They issued an “outperform” rating and a $14.00 target price for the company. Zacks Investment Research cut GREAT ELM CAP C from a “buy” rating to a “hold” rating in a report on Tuesday, September 12th. Finally, Oppenheimer Holdings, Inc. assumed coverage on GREAT ELM CAP C in a report on Wednesday, June 28th. They issued an “outperform” rating and a $14.00 target price for the company.

Institutional investors and hedge funds have recently added to or reduced their stakes in the company. Moloney Securities Asset Management LLC purchased a new position in shares of GREAT ELM CAP C in the second quarter worth about $112,000. Cambridge Investment Research Advisors Inc. increased its holdings in shares of GREAT ELM CAP C by 1.7% in the second quarter. Cambridge Investment Research Advisors Inc. now owns 50,669 shares of the financial services provider’s stock worth $538,000 after buying an additional 871 shares during the period. GRT Capital Partners L.L.C. purchased a new position in shares of GREAT ELM CAP C in the second quarter worth about $237,000. Finally, Royal Bank of Canada purchased a new position in shares of GREAT ELM CAP C in the second quarter worth about $512,000. Hedge funds and other institutional investors own 8.91% of the company’s stock.

Insider Buying and Selling by Quarter for GREAT ELM CAP C (NASDAQ:GECC)

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