Insider purchases at Prospect Capital (PSEC) Extend the Trend of Significant Buying of Last 90 Days

Friday, December 15, 2017 10:15 PM ET

Insider purchases at Prospect Capital (PSEC) Extend the Trend of Significant Buying of Last 90 Days

The number of insider buy/sell trades at Prospect Capital is greater than the 138 peer company average over the last 90-day period. The Closed End Funds peer group saw 148 buy/sell trades during this period for an average of 1.1 transactions per company. The number of shares per buy/sell trade for Prospect Capital insiders was also higher. Within the peer group there were 31,073,279 shares purchased and 427,747 shares sold with company insiders purchasing 450,670 shares on average.

In determining significant insider buying and selling, trades reported to the SEC that involve awards, options, exercise of derivative securities, company buy-backs, taxes, gifts, shares acquired via inheritance and tenders or exchange offers have been eliminated in data obtained to evaluate and write 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 356,683 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.

For more information, contact UpTick at info@uptickdata.com. Copyright 2017 UpTick Data Technologies. All rights reserved.

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