Gsv Capital Corp. (GSVC): Mark D Klein , director of Gsv Capital Corp. purchased 1,000 shares on May 17, 2016. The Insider buying transaction was reported by the company on May 17, 2016 to the Securities and Exchange Commission. The shares were purchased at $5.10 per share for a total value of $5,098.60 , the company said in a SEC Form 4 Filing.
Other Insider transactions have been reported by the company according to SEC Form 4, on May 16, 2016, Michael T. Moe (CEO) purchased 1,000 shares at $5.15 per share price.On May 16, 2016, Mark D Klein (director) purchased 1,000 shares at $5.15 per share price.Also, On Mar 28, 2016, Mark W. Flynn (President) purchased 5,000 shares at $5.69 per share price.On Mar 23, 2016, Leonard Potter (director) purchased 4,000 shares at $5.95 per share price.
Shares of GSV Capital Corp (GSVC) ended Monday, May 16, 2016 session in red amid volatile trading. The shares closed down -0.12 points or -2.24% at $5.23 with 2,45,749 shares getting traded. Post opening the session at $5.31, the shares hit an intraday low of $5.06 and an intraday high of $5.3684 and the price vacillated in this range throughout the day. The company has a market cap of $116 M and the number of outstanding shares has been calculated to be 2,21,81,003 shares. The 52-week high of GSV Capital Corp is $11.33 and the 52-week low is $5.06.
Company has been under the radar of several Street Analysts.GSV Capital Corp is Reiterated by Barrington Research to Outperform while Lowering the Price Target of the company shares to $ 10 from a previous price target of $13.75 . The Rating was issued on Mar 11, 2016.
GSV Capital Corp. is an externally managed non-diversified closed-end management investment company. The Company’s investment objective is to maximize its portfolio’s total return principally by seeking capital gains on its equity and equity-related investments. It invests principally in the equity securities of venture capital-backed emerging companies. It seeks to deploy capital primarily in the form of non-controlling equity and equity-related investments including common stock warrants preferred stock and similar forms of senior equity which may or may not be convertible into a portfolio company’s common equity and convertible debt securities with an equity component. It seeks to acquire its investments primarily through Private secondary marketplaces and direct share purchases and direct investments in private companies. The Company’s investment activities are managed by GSV Asset Management LLC. GSV Capital Service Company LLC provides the administrative services.