Alcentra Capital Corp (ABDC): Paul J Echausse , CEO of Alcentra Capital Corp purchased 1,200 shares on May 20, 2016. The Insider buying transaction was reported by the company on May 25, 2016 to the Securities and Exchange Commission. The shares were purchased at $11.89 per share for a total value of $14,268.00 , the company said in a SEC Form 4 Filing.
Other Insider transactions have been reported by the company according to SEC Form 4, on Mar 28, 2016, Paul J Echausse (CEO) purchased 800 shares at $11.45 per share price.On Mar 28, 2016, David Scopelliti (Senior Vice President) purchased 500 shares at $11.27 per share price.Also, On Mar 28, 2016, Ellida Mcmillan (Chief Accounting Officer) purchased 790 shares at $11.29 per share price.On Nov 19, 2015, Rudolph L Hertlein (director) purchased 1,000 shares at $12.01 per share price.
Shares of Alcentra Capital Corp (ABDC) ended Friday, May 20, 2016 session in red amid volatile trading. The shares closed down -0.11 points or -0.92% at $11.89 with 28,484 shares getting traded. Post opening the session at $12, the shares hit an intraday low of $11.78 and an intraday high of $12 and the price vacillated in this range throughout the day. The company has a market cap of $161 M and the number of outstanding shares has been calculated to be 1,35,06,257 shares. The 52-week high of Alcentra Capital Corp is $14.02 and the 52-week low is $8.87.
On May 5, 2016, Alcentra Capital Corp announced a cash dividend of $0.3400. The company’s management has announced Jun 28, 2016 as the ex-dividend date and fixed the record date on Jun 30, 2016. The payable date has been fixed on Jul 7, 2016.
Alcentra Capital Corporation is a specialty finance company that operates as a non-diversified closed-end management investment company. The Company’s targeted industry sectors are healthcare and pharmaceutical services; defense aerospace homeland security and government services; business and outsourced services and energy services. Its investment objective is to generate both current income and capital appreciation through debt and equity investments by targeting investment opportunities with favorable risk-adjusted returns. It invests in middle-market companies in the form of mezzanine and senior secured loans which includes an equity component and makes direct equity investments in such companies. It provides customized debt and equity financing solutions to lower middle-market companies which are companies having annual earnings before interest taxes depreciation and amortization between $5 million and $15 million and revenues of between $10 million and $100 million.