Secure Asset Management LLC Takes $913,000 Position in Hercules Capital, Inc. $HTGC

Secure Asset Management LLC acquired a new stake in Hercules Capital, Inc. (NYSE:HTGC) during the fourth quarter, Holdings Channel.com reports. The firm acquired 48,517 shares of the financial services provider’s stock, valued at approximately $913,000.

A number of other institutional investors have also added to or reduced their stakes in the company. Centaurus Financial Inc. raised its stake in Hercules Capital by 1.8% during the 3rd quarter. Centaurus Financial Inc. now owns 37,819 shares of the financial services provider’s stock worth $715,000 after buying an additional 675 shares during the period. Allworth Financial LP raised its stake in Hercules Capital by 11.4% during the 3rd quarter. Allworth Financial LP now owns 6,652 shares of the financial services provider’s stock worth $126,000 after buying an additional 680 shares during the period. Foundations Investment Advisors LLC raised its stake in Hercules Capital by 2.9% during the 3rd quarter. Foundations Investment Advisors LLC now owns 25,902 shares of the financial services provider’s stock worth $490,000 after buying an additional 732 shares during the period. Dakota Wealth Management raised its stake in Hercules Capital by 1.9% during the 3rd quarter. Dakota Wealth Management now owns 38,720 shares of the financial services provider’s stock worth $732,000 after buying an additional 735 shares during the period. Finally, Cornerstone Wealth Management LLC raised its stake in Hercules Capital by 3.6% during the 3rd quarter. Cornerstone Wealth Management LLC now owns 21,176 shares of the financial services provider’s stock worth $400,000 after buying an additional 736 shares during the period. 19.69% of the stock is owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

A number of research analysts recently weighed in on HTGC shares. Capital One Financial set a $19.75 price target on Hercules Capital in a research note on Monday, December 15th. Lucid Cap Mkts raised Hercules Capital to a “strong-buy” rating in a research note on Monday, December 15th. Weiss Ratings downgraded Hercules Capital from a “buy (b-)” rating to a “hold (c+)” rating in a research note on Tuesday, February 24th. Keefe, Bruyette & Woods dropped their price target on Hercules Capital from $20.00 to $19.00 and set an “outperform” rating on the stock in a research note on Friday, February 13th. Finally, UBS Group dropped their price target on Hercules Capital from $19.50 to $15.00 and set a “neutral” rating on the stock in a research note on Friday, March 13th. One analyst has rated the stock with a Strong Buy rating, four have issued a Buy rating and three have assigned a Hold rating to the company’s stock. According to data from MarketBeat.com, Hercules Capital currently has an average rating of “Moderate Buy” and a consensus target price of $18.71.

Hercules Capital Stock Performance

Shares of Hercules Capital stock opened at $15.16 on Tuesday. The company has a market cap of $2.79 billion, a PE ratio of 8.29 and a beta of 0.83. Hercules Capital, Inc. has a 52 week low of $13.70 and a 52 week high of $19.67. The business has a 50 day moving average price of $15.46 and a 200-day moving average price of $17.28. The company has a quick ratio of 1.48, a current ratio of 1.48 and a debt-to-equity ratio of 1.03.

Hercules Capital (NYSE:HTGC) last issued its quarterly earnings data on Thursday, February 12th. The financial services provider reported $0.48 EPS for the quarter, hitting the consensus estimate of $0.48. The firm had revenue of $133.25 million during the quarter, compared to the consensus estimate of $141.57 million. Hercules Capital had a return on equity of 15.97% and a net margin of 63.80%.During the same period in the prior year, the business posted $0.49 earnings per share. Equities analysts anticipate that Hercules Capital, Inc. will post 1.96 earnings per share for the current fiscal year.

Hercules Capital Cuts Dividend

The firm also recently announced a quarterly dividend, which was paid on Wednesday, March 4th. Stockholders of record on Wednesday, February 25th were issued a $0.07 dividend. The ex-dividend date of this dividend was Wednesday, February 25th. This represents a $0.28 annualized dividend and a dividend yield of 1.8%. Hercules Capital’s dividend payout ratio is currently 87.43%.

Trending Headlines about Hercules Capital

Here are the key news stories impacting Hercules Capital this week:

• Positive Sentiment: Hercules said it set an all‑time record of $1.81 billion in new debt and equity commitments in Q1 2026, signaling strong origination momentum and potential future fee/interest income growth. Business Wire: Record Commitments
• Positive Sentiment: Analyst/commentary pieces highlight that HTGC shares have traded down substantially over the past year, now yield in the low double digits and show recent insider buying — factors that can attract income‑oriented buyers at depressed valuations. Seeking Alpha: Cheap With Caveats
• Neutral Sentiment: Broader financial sector strength is modestly supportive; financial stocks were reported edging higher in premarket trade, which can lift bank/BDC sentiment. Yahoo Finance: Sector Update
• Neutral Sentiment: Market coverage noted HTGC outpaced market gains today, reflecting the net effect of the record‑commitments news plus sector moves and headline flow. Zacks: Outpaces Market
• Negative Sentiment: Multiple securities class‑action lawsuits and law‑firm notices were filed or announced today alleging disclosure/ fraud issues tied to prior reporting about Hercules’ sourcing and practices. Several firms (Hagens Berman, Bronstein Gewirtz & Grossman, DJS, Schall, Rosen, Faruqi & Faruqi, etc.) are soliciting plaintiffs; the lead‑plaintiff deadline cited is May 19, 2026. These legal actions create headline risk, potential litigation costs and uncertainty that can pressure the stock. GlobeNewswire: Hagens Berman Alert PR Newswire: DJS Notice

Insider Buying and Selling

In other Hercules Capital news, Director Thomas J. Fallon bought 20,000 shares of Hercules Capital stock in a transaction dated Tuesday, February 17th. The stock was bought at an average cost of $15.88 per share, with a total value of $317,600.00. Following the completion of the acquisition, the director directly owned 120,369 shares in the company, valued at approximately $1,911,459.72. The trade was a 19.93% increase in their position. The transaction was disclosed in a filing with the SEC, which is accessible through this hyperlink. Also, CFO Seth H. Meyer bought 7,000 shares of Hercules Capital stock in a transaction dated Friday, February 27th. The stock was acquired at an average cost of $14.33 per share, with a total value of $100,310.00. Following the completion of the acquisition, the chief financial officer owned 448,553 shares of the company’s stock, valued at $6,427,764.49. This represents a 1.59% increase in their ownership of the stock. The SEC filing for this purchase provides additional information. Insiders purchased a total of 117,015 shares of company stock valued at $1,749,620 over the last quarter. Corporate insiders own 1.80% of the company’s stock.

Hercules Capital Profile

Hercules Capital, Inc is a specialty finance company organized as a business development company (BDC) that provides tailored debt financing solutions to high‐growth companies. Through its external management structure, Hercules Capital extends senior secured loans, subordinated debt and growth capital designed to support research and development, expansion initiatives and working capital needs. The firm primarily partners with venture capital and private equity sponsors to finance innovative enterprises across various developmental stages.

The company’s investment portfolio is concentrated in technology, life sciences and sustainable and renewable technology sectors, reflecting its focus on industries with strong growth prospects and recurring capital requirements.