Fifth Street Finance Corp. (FSC): James Castro-blanco , director of Fifth Street Finance Corp. purchased 650 shares on Feb 13, 2015. The Insider buying transaction was reported by the company on Sep 23, 2016 to the Securities and Exchange Commission. The shares were purchased at $7.25 per share for a total value of $4,712.50 , the company said in a SEC Form 4 Filing.
Other Insider transactions have been reported by the company according to SEC Form 4, on Sep 23, 2016, James Castro-blanco (director) purchased 750 shares at $8.06 per share price.On Feb 22, 2016, Brian S Dunn (director) purchased 15,000 shares at $4.69 per share price.Also, On Feb 12, 2015, Todd Owens (CEO) purchased 10,000 shares at $7.05 per share price.On Feb 11, 2015, Bernard D Berman (director) purchased 2,000 shares at $6.99 per share price.
Fifth Street Finance Corp.: On Thursday, Sep 22, 2016 heightened volatility was witnessed in Fifth Street Finance Corp. which led to swings in the share price. The shares opened for trading at $5.69 and hit $5.78 on the upside , eventually ending the session at $5.76, with a gain of 2.49% or 0.14 points. The heightened volatility saw the trading volume jump to 4,66,874 shares. The 52-week high of the share price is $6.77 and the company has a market cap of $837 M . The 52-week low of the share price is at $4.4.
Fifth Street Finance Corp. is a specialty finance company that lends to and invests in small and mid-sized companies primarily in connection with investments by private equity sponsors. The Company’s investment objective is to maximize the Company’s portfolio’s total return by generating income from its debt investments and capital appreciation from its equity investments. As of September 30 2014 the Company consists of 124 investments 104 of which were in operating companies one of which was in a senior loan fund vehicle and 19 of which were in private equity funds. The 19 investments in private equity funds represented less than 1% of the fair value of the Company’s assets at September 30 2014. The Company is externally managed and advised by Fifth Street Management LLC.