On November 20, 2024, M Eliasek, Chief Operating Officer of Prospect Capital Management, purchased 5,000 shares of Prospect Capital Corp (PSEC, Financial). Following this transaction, the insider now owns 1,691,130.422 shares of the company. The transaction details are available in the SEC Filing.
Prospect Capital Corp is a business development company that primarily invests in middle-market companies across various industries. The company provides capital in the form of senior and subordinated debt, as well as equity investments.
The recent purchase by the insider is part of a broader trend of insider buying at Prospect Capital Corp. Over the past year, M Eliasek has acquired a total of 135,000 shares, with no recorded sales. This aligns with the overall insider activity at the company, which has seen 39 insider buys and no insider sells in the past year.
Shares of Prospect Capital Corp were trading at $4.65 each on the day of the insider's recent purchase. This price gives the stock a market cap of $2.107 billion.
Below is an image depicting the insider trend for Prospect Capital Corp:
For further valuation metrics, the stock's GF Value, price-earnings ratio, price-sales ratio, price-book ratio, and price-to-free cash flow can be explored for a comprehensive understanding of the stock's valuation.
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