TICC Capital Corp. (TICC) CEO Jonathan H. Cohen Acquires 5,487 Shares

TICC Capital Corp. (NASDAQ:TICC) CEO Jonathan H. Cohen acquired 5,487 shares of the business’s stock in a transaction on Tuesday, February 20th. The stock was acquired at an average cost of $5.64 per share, for a total transaction of $30,946.68. The purchase was disclosed in a document filed with the SEC, which can be accessed through this link.

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

  • On Thursday, February 15th, Jonathan H. Cohen acquired 9,857 shares of TICC Capital stock. The stock was acquired at an average cost of $5.65 per share, for a total transaction of $55,692.05.
  • On Friday, February 9th, Jonathan H. Cohen acquired 4,301 shares of TICC Capital stock. The stock was acquired at an average cost of $5.50 per share, for a total transaction of $23,655.50.
  • On Monday, February 12th, Jonathan H. Cohen acquired 16,550 shares of TICC Capital stock. The stock was acquired at an average cost of $5.51 per share, for a total transaction of $91,190.50.
  • On Thursday, December 21st, Jonathan H. Cohen acquired 14,823 shares of TICC Capital stock. The stock was acquired at an average cost of $5.83 per share, for a total transaction of $86,418.09.
  • On Tuesday, December 19th, Jonathan H. Cohen acquired 40,260 shares of TICC Capital stock. The stock was acquired at an average cost of $5.82 per share, for a total transaction of $234,313.20.
  • On Tuesday, December 12th, Jonathan H. Cohen acquired 22,737 shares of TICC Capital stock. The stock was acquired at an average cost of $6.08 per share, for a total transaction of $138,240.96.

TICC Capital Corp. (NASDAQ:TICC) traded down $0.01 on Thursday, hitting $5.65. The stock had a trading volume of 153,200 shares, compared to its average volume of 259,619. TICC Capital Corp. has a fifty-two week low of $5.15 and a fifty-two week 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. The company has a market cap of $290.86, a P/E ratio of 5.38, a price-to-earnings-growth ratio of 1.86 and a beta of 0.55.

TICC Capital declared that its board has initiated a share repurchase program on Tuesday, February 6th that permits the company to buyback $25.00 million in outstanding shares. This buyback authorization permits the investment management company to reacquire shares of its stock through open market purchases. Shares buyback programs are often a sign that the company’s management believes its shares are undervalued.

Several institutional investors and hedge funds have recently bought and sold shares of TICC. Royal Bank of Canada grew its position in shares of TICC Capital by 2.1% during the 2nd quarter. Royal Bank of Canada now owns 54,705 shares of the investment management company’s stock worth $346,000 after buying an additional 1,110 shares in the last quarter. Arrowstreet Capital Limited Partnership bought a new position in shares of TICC Capital during the 2nd quarter worth $693,000. Aperio Group LLC grew its position in shares of TICC Capital by 239.8% during the 3rd quarter. Aperio Group LLC now owns 34,789 shares of the investment management company’s stock worth $238,000 after buying an additional 24,550 shares in the last quarter. Macquarie Group Ltd. bought a new position in shares of TICC Capital during the 3rd quarter worth $581,000. Finally, Legal & General Group Plc grew its position in shares of TICC Capital by 14.4% during the 3rd quarter. Legal & General Group Plc now owns 146,257 shares of the investment management company’s stock worth $1,001,000 after buying an additional 18,430 shares in the last quarter. 16.44% of the stock is currently owned by institutional investors and hedge funds.

TICC has been the topic of several research analyst reports. National Securities downgraded TICC Capital from a “neutral” rating to a “sell” rating and set a $5.00 price objective on the stock. in a research report on Monday, December 4th. ValuEngine downgraded TICC Capital from a “buy” rating to a “hold” rating in a research report on Thursday, November 2nd. Zacks Investment Research downgraded TICC Capital from a “buy” rating to a “hold” rating in a research report on Saturday, January 20th. Ladenburg Thalmann Financial Services raised TICC Capital from a “neutral” rating to a “buy” rating in a research report on Monday, November 6th. Finally, BidaskClub raised TICC Capital from a “strong sell” rating to a “sell” rating in a research report on Wednesday, February 7th. Four research analysts have rated the stock with a sell rating, one has issued a hold rating and two have assigned a buy rating to the stock. The stock presently has a consensus rating of “Hold” and a consensus target price of $5.83.

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TICC Capital Company Profile

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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