Main Street Capital Corp (MAIN) Files Form 4 Insider Buying : David L. Magdol Buys 420 Shares

Main Street Capital Corp (MAIN): David L. Magdol , Vice Chairman, CIO and SMD of Main Street Capital Corp purchased 420 shares on Jun 27, 2016. The Insider buying transaction was reported by the company on Jul 5, 2016 to the Securities and Exchange Commission. The shares were purchased at $32.76 per share for a total value of $13,756.73 , the company said in a SEC Form 4 Filing.

Other Insider transactions have been reported by the company according to SEC Form 4, on Jul 5, 2016, Brian E. Lane (director) purchased 47 shares at $32.32 per share price.On Jul 5, 2016, John Earl Jackson (director) purchased 122 shares at $32.47 per share price.Also, On Jul 5, 2016, Dwayne L. Hyzak (COO) purchased 512 shares at $32.76 per share price.On Jul 5, 2016, Curtis L. Hartman (Vice Chairman, CCO, and SMD) purchased 204 shares at $32.76 per share price.

Main Street Capital Corporation: On Friday, Jul 1, 2016 heightened volatility was witnessed in Main Street Capital Corporation which led to swings in the share price. The shares opened for trading at $32.82 and hit $33 on the upside , eventually ending the session at $32.87, with a gain of 0.06% or 0.02 points. The heightened volatility saw the trading volume jump to 1,99,282 shares. The 52-week high of the share price is $33.15 and the company has a market cap of $1,684 M . The 52-week low of the share price is at $24.21.

Main Street Capital Corporation Money Flow Index Chart

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 Company’s 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. MSCC’s 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).

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