Solar Senior Capital Ltd. (SUNS) Files Form 4 Insider Selling : Properties I Llc Rs Sells 4,396 Shares

Solar Senior Capital Ltd. (SUNS): Properties I Llc Rs , other of Solar Senior Capital Ltd. sold 4,396 shares on Apr 20, 2016. The Insider selling transaction was reported by the company on Apr 22, 2016 to the Securities and Exchange Commission. The shares were sold at $14.88 per share for a total value of $65,411.16 , the company said in a SEC Form 4 Filing.

Other Insider transactions have been reported by the company according to SEC Form 4, on Apr 22, 2016, Properties I Llc Rs (other) sold 4,396 shares at $14.88 per share price.On Apr 11, 2016, Jack Silver (other) sold 3,627 shares at $14.76 per share price.Also, On Mar 10, 2016, Michael S Gross (director officer ) purchased 5,344 shares at $13.90 per share price.On Dec 11, 2015, Bruce J Spohler (director officer ) purchased 2,400 shares at $14.82 per share price.

Shares of Solar Senior Capital Ltd (SUNS) ended Wednesday, Apr 20, 2016 session in red amid volatile trading. The shares closed down -0.08 points or -0.54% at $14.81 with 11,653 shares getting traded. Post opening the session at $14.84, the shares hit an intraday low of $14.75 and an intraday high of $14.9 and the price vacillated in this range throughout the day. The company has a market cap of $171 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 $16.61 and the 52-week low is $12.8001.

Solar Senior Capital Ltd Money Flow Index Chart

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.

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).

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