Solar Senior Capital Ltd. (SUNS): Steven Hochberg , director of Solar Senior Capital Ltd. purchased 12,500 shares on May 11, 2016. The Insider buying transaction was reported by the company on May 13, 2016 to the Securities and Exchange Commission. The shares were purchased at $15.49 per share for a total value of $193,625.00 , the company said in a SEC Form 4 Filing.
Other Insider transactions have been reported by the company according to SEC Form 4, on Apr 26, 2016, Properties I Llc Rs (other) sold 9,202 shares at $14.88 per share price.On Apr 11, 2016, Jack Silver (other) sold 3,627 shares at $14.76 per share price.Also, On Mar 10, 2016, Michael S Gross (director officer ) purchased 5,344 shares at $13.90 per share price.On Dec 11, 2015, Bruce J Spohler (director officer ) purchased 2,400 shares at $14.82 per share price.
Shares of Solar Senior Capital Ltd (SUNS) ended Tuesday, May 10, 2016 session in red amid volatile trading. The shares closed down -0.08 points or -0.52% at $15.28 with 12,931 shares getting traded. Post opening the session at $15.5, the shares hit an intraday low of $15.28 and an intraday high of $15.5 and the price vacillated in this range throughout the day. The company has a market cap of $176 M and the number of outstanding shares has been calculated to be 1,15,33,315 shares. The 52-week high of Solar Senior Capital Ltd is $16.59 and the 52-week low is $12.8001.
Company has been under the radar of several Street Analysts.Solar Senior Capital Ltd is Reiterated by Maxim Group to Buy and the brokerage firm has raised the Price Target to $ 17 from a previous price target of $16.75 .The Rating was issued on May 5, 2016.Solar Senior Capital Ltd is Reiterated by Maxim Group to Buy while Lowering the Price Target of the company shares to $ 16.75 from a previous price target of $17.50 . The Rating was issued on Feb 26, 2016.
Solar Senior Capital Ltd. (SUNS) is a closed-end externally managed non-diversified management investment company. SUNS’ investment objective is to seek to maximize current income consistent with the preservation of capital. The Company invests primarily in the United States middle market companies. The Company invests in senior loans including first lien and second lien debt instruments and in debt of public companies that are thinly traded. The Company invests in senior loans made primarily to private leveraged middle-market companies with approximately $20 million to $100 million of earnings before interest taxes depreciation and amortization (EBITDA). SUNS’ investments consist of cash cash equivalents the United States Government securities or investment grade debt securities maturing in one year or less from the time of investment (collectively referred to as temporary investments). The Company is managed by Solar Capital Partners LLC (Solar Capital Partners).