Main Street Capital Corp (MAIN): Dwayne L. Hyzak , COO of Main Street Capital Corp purchased 342 shares on May 16, 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 $31.84 per share for a total value of $10,853.09 , 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 23, 2016, Stephen B Solcher (director) purchased 13 shares at $31.91 per share price.On May 23, 2016, Shannon Martin (VP, Chief Accounting Officer) purchased 50 shares at $31.76 per share price.Also, On May 23, 2016, David L. Magdol (Vice Chairman, CIO and SMD) purchased 280 shares at $31.76 per share price.On May 23, 2016, Brian E. Lane (director) purchased 12 shares at $31.91 per share price.
Main Street Capital Corporation (MAIN) witnessed a volatile trading activity on Friday May 20, 2016 and eventually ended flat at 0.00% or 0 points without letting the bulls or bears take much advantage. The trading began at $31.42 and reached the intraday high at $31.7. The bulls started the profit booking and pushed the shares to intraday low of $31.36. The trading session was marked by a volume range of 1,46,779 shares exchanging hands. The 52-week high of the shares is $33.15 and the 52-week low is $24.21. The market cap of the company stands at $1,611 M and there are 5,12,21,175 shares in public circulation.
On May 4, 2016, Main Street Capital Corporation announced a cash dividend of $0.1800. The company’s management has announced Jun 29, 2016 as the ex-dividend date and fixed the record date on Jul 1, 2016. The payable date has been fixed on Jul 15, 2016.
Company has been under the radar of several Street Analysts.Main Street Capital Corporation is Reiterated by FBR Capital to Outperform and the brokerage firm has raised the Price Target to $ 33 from a previous price target of $30 .The Rating was issued on Mar 28, 2016.Main Street Capital Corporation is Reiterated by Wunderlich to Buy while Lowering the Price Target of the company shares to $ 34 from a previous price target of $38 . The Rating was issued on Feb 29, 2016.
Main Street Capital Corporation (MSCC) is a principal investment firm which provides customized debt and equity financing to lower middle market (LMM) companies and debt capital to middle market (Middle Market) companies. The Companys portfolio investments are made to support management buyouts recapitalizations growth financings refinancings and acquisitions of companies that operate in various industry sectors. MSCC invests primarily in secured debt investments equity investments warrants and other securities of LMM companies based in the United States and in secured debt investments of Middle Market companies generally headquartered in the United States. MSCCs investment portfolio includes its investments in LMM portfolio companies investments in Middle Market portfolio companies Private Loan portfolio investments Other Portfolio investments and the investment in MSC Adviser I LLC (the External Investment Manager).