Main Street Capital Corp (MAIN): Rodger A. Stout , EVP of Main Street Capital Corp purchased 137 shares on May 16, 2016. The Insider buying transaction was reported by the company on May 18, 2016 to the Securities and Exchange Commission. The shares were purchased at $31.91 per share for a total value of $4,353.52 , the company said in a SEC Form 4 Filing.
Other Insider transactions have been reported by the company according to SEC Form 4, on Apr 25, 2016, Brent D. Smith (CFO, Treasurer) purchased 36 shares at $31.48 per share price.On Apr 25, 2016, Rodger A. Stout (EVP) purchased 110 shares at $31.48 per share price.Also, On Apr 25, 2016, Stephen B Solcher (director) purchased 14 shares at $31.50 per share price.On Apr 25, 2016, Shannon Martin (VP, Chief Accounting Officer) purchased 38 shares at $31.48 per share price.
Shares of Main Street Capital Corporation (MAIN) ended Thursday, May 19, 2016 session in red amid volatile trading. The shares closed down -0.4 points or -1.26% at $31.45 with 2,25,603 shares getting traded. Post opening the session at $31.8, the shares hit an intraday low of $31.04 and an intraday high of $31.8 and the price vacillated in this range throughout the day. The company has a market cap of $1,611 M and the number of outstanding shares has been calculated to be 5,12,21,175 shares. The 52-week high of Main Street Capital Corporation is $33.15 and the 52-week low is $24.21.
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).