Gladstone Capital Corp (GLAD) Files Form 4 Insider Buying : Robert L Marcotte Buys 5,000 Shares

Gladstone Capital Corp (GLAD): Robert L Marcotte , President of Gladstone Capital Corp purchased 5,000 shares on May 20, 2016. The Insider buying transaction was reported by the company on May 23, 2016 to the Securities and Exchange Commission. The shares were purchased at $7.01 per share for a total value of $35,050.00 , 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 7, 2016, Robert L Marcotte (President) purchased 6,000 shares at $7.13 per share price.On Feb 29, 2016, David Gladstone (CEO) purchased 3,925 shares at $6.37 per share price.Also, On Dec 16, 2015, John Dellafiora (Chief Compliance Officer) purchased 700 shares at $6.75 per share price.On Dec 15, 2015, Michael Licalsi (other) purchased 3,000 shares at $6.46 per share price.

Shares of Gladstone Capital Corporation (GLAD) ended Friday, May 20, 2016 session in red amid volatile trading. The shares closed down -0.02 points or -0.28% at $7.02 with 76,890 shares getting traded. Post opening the session at $7, the shares hit an intraday low of $6.94 and an intraday high of $7.05 and the price vacillated in this range throughout the day. The company has a market cap of $164,170 M and the number of outstanding shares has been calculated to be 23,38,60,00,000 shares. The 52-week high of Gladstone Capital Corporation is $9.25 and the 52-week low is $4.71.

Gladstone Capital Corporation Money Flow Index Chart

Gladstone Capital Corporation is an externally managed closed-end non-diversified management investment company. The Company’s investment objectives are to achieve and grow current income by investing in debt securities of established businesses that it believes will provide stable earnings and cash flow to pay expenses make principal and interest payments on its outstanding indebtedness and make distributions to stockholders that grow over time and to provide its stockholders with long-term capital appreciation in the value of its assets by investing in equity securities of established businesses that its believes can grow over time to permit the Company to sell its equity investments for capital gains. Its investment strategy is to invest in several categories of debt and equity securities with each investment generally ranging from $5 million to $25 million although investment size may vary depending upon its total assets or available capital at the time of investment.

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