Insider Buying of Prospect Capital (PSEC) Shares Extends the Trend of Last 90 Days

Wednesday, December 06, 2017 10:15 PM ET

Insider Buying of Prospect Capital (PSEC) Shares Extends the Trend of Last 90 Days

In relation to the peer group over the last 90 days, insider buy/sell trading at Prospect Capital is greater than the 131-company peer group average. Closed End Funds peer group saw 126 buy/sell trades during this period for an average of 1.0 transactions per company. The number of shares per buy/sell trade for Prospect Capital insiders was also higher. Within the peer group there were 29,738,979 shares purchased and 422,747 shares sold with company insiders acquiring 472,842 shares on average.

Significant insider buying and selling activity has been determined by eliminating all trading activity reported to the SEC that involves awards, options, exercise of derivative securities, company buy-backs, taxes, gifts, shares acquired via inheritance and tenders or exchange offers in data sourced in evaluating and writing this story.

Today’s Insider Activity
* M Grier Eliasek, Director and Officer, bought 10,000 shares
* John F Barry, 10% Owner, Director and Officer, bought 250,000 shares

Using proprietary Natural Language Generation (NLG) technology, UpTick evaluates corporate insider filings reported to the SEC and creates real-time news and analysis to report the most significant insider transactions based on transaction type, size and historical trends.

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