TICC Capital Corp. (NASDAQ:TICC) COO Saul B. Rosenthal acquired 8,485 shares of the business’s stock in a transaction dated Wednesday, November 15th. The stock was acquired at an average price of $6.03 per share, for a total transaction of $51,164.55. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is available at this link.

Saul B. Rosenthal also recently made the following trade(s):

  • On Monday, November 13th, Saul B. Rosenthal acquired 12,916 shares of TICC Capital Corp. stock. The stock was acquired at an average price of $6.02 per share, for a total transaction of $77,754.32.
  • On Wednesday, November 8th, Saul B. Rosenthal acquired 5,835 shares of TICC Capital Corp. stock. The stock was acquired at an average price of $5.99 per share, for a total transaction of $34,951.65.
  • On Monday, November 6th, Saul B. Rosenthal purchased 26,431 shares of TICC Capital Corp. stock. The shares were purchased at an average price of $5.85 per share, for a total transaction of $154,621.35.
  • On Wednesday, August 30th, Saul B. Rosenthal purchased 9,682 shares of TICC Capital Corp. stock. The shares were purchased at an average price of $6.68 per share, for a total transaction of $64,675.76.
  • On Friday, August 25th, Saul B. Rosenthal purchased 7,650 shares of TICC Capital Corp. stock. The shares were purchased at an average price of $6.69 per share, for a total transaction of $51,178.50.
  • On Tuesday, August 22nd, Saul B. Rosenthal purchased 10,021 shares of TICC Capital Corp. stock. The shares were purchased at an average price of $6.66 per share, for a total transaction of $66,739.86.

TICC Capital Corp. (TICC) traded up $0.02 during midday trading on Friday, hitting $6.06. The company had a trading volume of 166,441 shares, compared to its average volume of 310,931. The company has a quick ratio of 19.74, a current ratio of 19.74 and a debt-to-equity ratio of 0.41. TICC Capital Corp. has a one year low of $5.17 and a one year high of $8.19. The company has a market capitalization of $311.97, a price-to-earnings ratio of 10.61, a PEG ratio of 2.12 and a beta of 0.66.

TICC Capital Corp. (NASDAQ:TICC) last announced its quarterly earnings data on Thursday, November 2nd. The investment management company reported $0.13 earnings per share (EPS) for the quarter, missing the Zacks’ consensus estimate of $0.16 by ($0.03). The company had revenue of $14.50 million for the quarter, compared to analysts’ expectations of $15.97 million. TICC Capital Corp. had a net margin of 94.98% and a return on equity of 7.64%. The firm’s quarterly revenue was down 19.9% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $0.30 EPS. research analysts predict that TICC Capital Corp. will post 0.57 EPS for the current year.

The business also recently disclosed a quarterly dividend, which will be paid on Friday, December 29th. Shareholders of record on Friday, December 15th will be paid a dividend of $0.20 per share. This represents a $0.80 dividend on an annualized basis and a yield of 13.20%. The ex-dividend date is Thursday, December 14th. TICC Capital Corp.’s payout ratio is 76.19%.

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Several equities research analysts recently weighed in on TICC shares. BidaskClub lowered TICC Capital Corp. from a “sell” rating to a “strong sell” rating in a research report on Tuesday, July 25th. TheStreet upgraded TICC Capital Corp. from a “c+” rating to a “b” rating in a research report on Thursday, September 7th. Ladenburg Thalmann Financial Services upgraded TICC Capital Corp. from a “neutral” rating to a “buy” rating in a research report on Monday, November 6th. ValuEngine lowered TICC Capital Corp. from a “buy” rating to a “hold” rating in a research report on Thursday, November 2nd. Finally, National Securities restated a “sell” rating and set a $6.00 price target on shares of TICC Capital Corp. in a research report on Monday, August 14th. Four research analysts have rated the stock with a sell rating, one has given a hold rating and two have given a buy rating to the company’s stock. TICC Capital Corp. currently has an average rating of “Hold” and a consensus price target of $5.50.

A number of large investors have recently made changes to their positions in TICC. Bank of Montreal Can purchased a new position in TICC Capital Corp. during the second quarter valued at $2,390,000. Arrowstreet Capital Limited Partnership purchased a new position in TICC Capital Corp. during the second quarter valued at $693,000. Dynamic Technology Lab Private Ltd raised its stake in TICC Capital Corp. by 444.1% during the second quarter. Dynamic Technology Lab Private Ltd now owns 126,523 shares of the investment management company’s stock valued at $802,000 after buying an additional 103,270 shares during the last quarter. Macquarie Group Ltd. purchased a new position in TICC Capital Corp. during the third quarter valued at $581,000. Finally, Cowen Inc. purchased a new position in TICC Capital Corp. during the third quarter valued at $262,000. Institutional investors and hedge funds own 17.26% of the company’s stock.

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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