On November 21, 2024, M Eliasek, Chief Operating Officer of Prospect Capital Management, acquired 5,000 shares of Prospect Capital Corp (PSEC, Financial). This transaction was documented in a SEC Filing. Following this purchase, the insider now holds 1,696,130.422 shares of the company.
Prospect Capital Corp is a business development company that primarily invests in middle-market companies across various industries. The company provides capital in the form of debt and equity investments, focusing on generating current income and long-term capital appreciation.
The recent purchase by the insider is part of a broader trend of insider buying at Prospect Capital Corp. Over the past year, M Eliasek has acquired a total of 140,000 shares, with no recorded sales. This aligns with the overall insider activity at the company, which has seen 41 insider buys and no insider sells in the past year.
On the day of the insider's recent purchase, shares of Prospect Capital Corp were trading at $4.60 each, resulting in a market cap of $2.098 billion. Investors may consider various valuation metrics such as the GF Value, price-earnings ratio, price-sales ratio, price-book ratio, and price-to-free cash flow to assess the stock's valuation.
This article, generated by GuruFocus, is designed to provide general insights and is not tailored financial advice. Our commentary is rooted in historical data and analyst projections, utilizing an impartial methodology, and is not intended to serve as specific investment guidance. It does not formulate a recommendation to purchase or divest any stock and does not consider individual investment objectives or financial circumstances. Our objective is to deliver long-term, fundamental data-driven analysis. Be aware that our analysis might not incorporate the most recent, price-sensitive company announcements or qualitative information. GuruFocus holds no position in the stocks mentioned herein.
