Apollo Investment Corp (AINV): Hilary E. Ackermann , director of Apollo Investment Corp purchased 4,000 shares on Jun 10, 2016. The Insider buying transaction was reported by the company on Jun 13, 2016 to the Securities and Exchange Commission. The shares were purchased at $5.47 per share for a total value of $21,880.00 , the company said in a SEC Form 4 Filing.
Other Insider transactions have been reported by the company according to SEC Form 4, on Dec 18, 2015, Gregory W. Hunt (CFO) purchased 5,000 shares at $5.49 per share price.On Aug 11, 2015, Edward J. Goldthorpe (President) purchased 10,000 shares at $6.88 per share price.Also, On Aug 10, 2015, James C Zelter (CEO) purchased 10,000 shares at $6.88 per share price.On Aug 10, 2015, Rudolph R Reinfrank (director) purchased 10,000 shares at $6.87 per share price.
Shares of Apollo Investment Corp. (AINV) ended Friday, Jun 10, 2016 session in red amid volatile trading. The shares closed down -0.02 points or -0.36% at $5.48 with 9,30,533 shares getting traded. Post opening the session at $5.47, the shares hit an intraday low of $5.42 and an intraday high of $5.51 and the price vacillated in this range throughout the day. The company has a market cap of $1,239 M and the number of outstanding shares has been calculated to be 22,61,56,500 shares. The 52-week high of Apollo Investment Corp. is $7.9 and the 52-week low is $4.26.
Company has been under the radar of several Street Analysts.Apollo Investment Corp. is Downgraded by Keefe Bruyette to Mkt Perform. Earlier the firm had a rating of Outperform on the company shares. The Rating was issued on May 20, 2016.Apollo Investment Corp. is Downgraded by BB&T Capital Mkts to Hold. Earlier the firm had a rating of Buy on the company shares. The Rating was issued on May 20, 2016.
Apollo Investment Corporation (Apollo Investment) is a closed-end externally managed non-diversified management investment company. The Company’s investment objective is to generate current income and capital appreciation. The Company invests primarily in various forms of debt investments including secured and unsecured debt loan investments and/or equity in private middle-market companies. It may also invest in the securities of public companies and structured products such as collateralized loan obligations (CLOs) and credit-linked notes (CLNs). It invests in middle-market which include companies with annual revenues between $50 million and $2 billion. It may also invest a portion of the portfolio in other investment opportunities including foreign securities and structured products. Apollo Investment Management L.P. is the Company’s investment adviser.