TICC Capital Corp. (NASDAQ:TICC) CEO Jonathan H. Cohen purchased 14,823 shares of the firm’s stock in a transaction on Thursday, December 21st. The stock was acquired at an average price of $5.83 per share, for a total transaction of $86,418.09. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink.

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

  • On Tuesday, December 19th, Jonathan H. Cohen purchased 40,260 shares of TICC Capital stock. The stock was acquired at an average price of $5.82 per share, for a total transaction of $234,313.20.
  • On Tuesday, December 12th, Jonathan H. Cohen purchased 22,737 shares of TICC Capital stock. The stock was acquired at an average price of $6.08 per share, for a total transaction of $138,240.96.
  • On Wednesday, November 22nd, Jonathan H. Cohen purchased 1,070 shares of TICC Capital stock. The stock was acquired at an average price of $6.09 per share, for a total transaction of $6,516.30.
  • On Wednesday, November 15th, Jonathan H. Cohen purchased 25,529 shares of TICC Capital stock. The stock was acquired at an average price of $6.02 per share, for a total transaction of $153,684.58.
  • On Wednesday, November 8th, Jonathan H. Cohen purchased 53,316 shares of TICC Capital stock. The stock was acquired at an average price of $5.92 per share, for a total transaction of $315,630.72.

Shares of TICC Capital Corp. (TICC) traded down $0.03 during mid-day trading on Friday, hitting $5.82. 216,216 shares of the stock traded hands, compared to its average volume of 333,349. The company has a market cap of $301.15, a P/E ratio of 4.97, a price-to-earnings-growth ratio of 2.05 and a beta of 0.65. TICC Capital Corp. has a 12-month low of $5.17 and a 12-month high of $8.19. 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 (NASDAQ:TICC) last announced its quarterly earnings data on Thursday, November 2nd. The investment management company reported $0.13 EPS for the quarter, missing the Thomson Reuters’ consensus estimate of $0.16 by ($0.03). The firm had revenue of $14.50 million for the quarter, compared to the consensus estimate of $15.97 million. TICC Capital had a net margin of 94.98% and a return on equity of 7.64%. The firm’s revenue for the quarter was down 19.9% on a year-over-year basis. During the same quarter in the previous year, the business earned $0.30 earnings per share. equities analysts expect that TICC Capital Corp. will post 0.57 earnings per share for the current year.

The company also recently disclosed a quarterly dividend, which will be paid on Friday, December 29th. Stockholders of record on Friday, December 15th will be given a dividend of $0.20 per share. The ex-dividend date is Thursday, December 14th. This represents a $0.80 annualized dividend and a dividend yield of 13.75%. TICC Capital’s payout ratio is 68.38%.

TICC has been the topic of several recent research reports. TheStreet upgraded shares of TICC Capital from a “c+” rating to a “b” rating in a research report on Thursday, September 7th. ValuEngine upgraded shares of TICC Capital from a “hold” rating to a “buy” rating in a research report on Thursday, November 9th. Ladenburg Thalmann Financial Services upgraded shares of TICC Capital from a “neutral” rating to a “buy” rating in a research report on Monday, November 6th. National Securities upgraded shares of TICC Capital from a “sell” rating to a “neutral” rating and decreased their price target for the stock from $6.00 to $5.00 in a research report on Monday, November 6th. Finally, Zacks Investment Research downgraded shares of TICC Capital from a “hold” rating to a “sell” rating in a research report on Wednesday, November 8th. Five investment analysts have rated the stock with a sell rating and two have assigned a buy rating to the company. The company currently has a consensus rating of “Hold” and an average price target of $5.50.

Hedge funds have recently made changes to their positions in the company. Sheaff Brock Investment Advisors LLC raised its position in shares of TICC Capital by 11.9% during the 2nd quarter. Sheaff Brock Investment Advisors LLC now owns 21,260 shares of the investment management company’s stock valued at $135,000 after purchasing an additional 2,260 shares during the period. Northwestern Mutual Wealth Management Co. bought a new stake in shares of TICC Capital during the 2nd quarter valued at $136,000. CIBC World Markets Inc. raised its position in shares of TICC Capital by 116.9% during the 2nd quarter. CIBC World Markets Inc. now owns 23,698 shares of the investment management company’s stock valued at $150,000 after purchasing an additional 12,771 shares during the period. Stephens Inc. AR raised its position in shares of TICC Capital by 15.1% during the 2nd quarter. Stephens Inc. AR now owns 25,381 shares of the investment management company’s stock valued at $161,000 after purchasing an additional 3,321 shares during the period. Finally, Trexquant Investment LP bought a new stake in shares of TICC Capital during the 2nd quarter valued at $183,000. Hedge funds and other institutional investors own 15.88% of the company’s stock.

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About TICC Capital

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 (NASDAQ:TICC)

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