Solar Senior Capital Ltd. (SUNS): Jack Silver , other of Solar Senior Capital Ltd. sold 3,627 shares on Apr 6, 2016. The Insider selling transaction was disclosed on Apr 11, 2016 to the Securities and Exchange Commission. The shares were sold at $14.76 per share for a total value of $53,533.43.
Company has been under the radar of several Street Analysts.Solar Senior Capital Ltd is Reiterated by Maxim Group to Buy while Lowering the Price Target of the company shares to $ 16.75 from a previous price target of $17.50 . The Rating was issued on Feb 26, 2016.
Currently the company Insiders own 7.1% of Solar Senior Capital Ltd shares according to the proxy statements.In the past twelve weeks, the net percent change held by company insiders has changed by 1.53%.Institutional Investors own 21.16% of Solar Senior Capital Ltd shares.During last six month period, the net percent change held by insiders has seen a change of 13.28%.
Shares of Solar Senior Capital Ltd (SUNS) ended Monday, Apr 11, 2016 session in red amid volatile trading. The shares closed down -0.16 points or -1.11% at $14.31 with 21,940 shares getting traded. Post opening the session at $14.55, the shares hit an intraday low of $14.31 and an intraday high of $14.63 and the price vacillated in this range throughout the day. The company has a market cap of $165 M and the number of outstanding shares has been calculated to be 1,15,33,315 shares. The 52-week high of Solar Senior Capital Ltd is $16.7 and the 52-week low is $12.8001.
Solar Senior Capital Ltd. (SUNS) is a closed-end externally managed non-diversified management investment company. SUNS’ investment objective is to seek to maximize current income consistent with the preservation of capital. The Company invests primarily in the United States middle market companies. The Company invests in senior loans including first lien and second lien debt instruments and in debt of public companies that are thinly traded. The Company invests in senior loans made primarily to private leveraged middle-market companies with approximately $20 million to $100 million of earnings before interest taxes depreciation and amortization (EBITDA). SUNS’ investments consist of cash cash equivalents the United States Government securities or investment grade debt securities maturing in one year or less from the time of investment (collectively referred to as temporary investments). The Company is managed by Solar Capital Partners LLC (Solar Capital Partners).