Medley Capital Corp (MCC): Seth Taube , director of Medley Capital Corp purchased 382,300 shares on Sep 9, 2016. The Insider buying transaction was reported by the company on Sep 13, 2016 to the Securities and Exchange Commission. The shares were purchased at $7.25 per share for a total value of $2,773,357.00 , the company said in a SEC Form 4 Filing.
Other Insider transactions have been reported by the company according to SEC Form 4, on Sep 13, 2016, Brook Taube (CEO) purchased 382,300 shares at $7.25 per share price.On Sep 6, 2016, Seth Taube (director) purchased 20,000 shares at $7.49 per share price.Also, On Dec 15, 2015, Robert K Lyons (director) purchased 2,000 shares at $7.24 per share price.On Jun 1, 2015, Jeffrey B. Tonkel (director) purchased 5,000 shares at $9.41 per share price.
Shares of Medley Capital Corp (MCC) ended Monday, Sep 12, 2016 session in red amid volatile trading. The shares closed down -0.14 points or -1.89% at $7.26 with 748,367 shares getting traded. Post opening the session at $7.35, the shares hit an intraday low of $7.15 and an intraday high of $7.35 and the price vacillated in this range throughout the day. The company has a market cap of $398 M and the number of outstanding shares has been calculated to be 54,763,411 shares. The 52-week high of Medley Capital Corp is $8.77 and the 52-week low is $5.26.
Medley Capital Corporation is a non-diversified closed end management investment company. The Companys investment objective is to generate current income and capital appreciation by lending directly to privately held middle market companies through directly originated transactions to help these companies expand their business refinance and make acquisitions. The Companys investment portfolio consists of senior secured first lien loans and senior secured second lien loans. The Company invests in portfolio companies principally located in North America. The Companys investment activities are managed by the investment adviser MCC Advisors LLC.