GSV Capital Corp (GSVC) was Reiterated by Wunderlich to “Buy” while Lowering the Price Target of the company shares to $ 15 from a previous price target of $20 . Wunderlich advised their investors in a research report released on May 18, 2016.
Many Wall Street Analysts have commented on GSV Capital Corp. Shares were Reiterated by Barrington Research on Mar 11, 2016 to “Outperform” and Lowered the Price Target to $ 10 from a previous price target of $13.75 .
GSV Capital Corp closed down -0.12 points or -2.24% at $5.23 with 2,45,749 shares getting traded on Monday. 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 fluctuated in this range throughout the day.Shares ended Monday session in Red.
In a different news, on May 17, 2016, Mark D Klein (director) purchased 1,000 shares at $5.10 per share price. According to the SEC, on May 16, 2016, Michael T. Moe (CEO) purchased 1,000 shares at $5.15 per share price. On Mar 28, 2016, Mark W. Flynn (President) purchased 5,000 shares at $5.69 per share price, according to the Form-4 filing with the securities and exchange commission.
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.