On November 29, 2024, Mark Klein, Chairman, Chief Executive Officer, and President of SuRo Capital Corp, purchased 81,257 shares of the company. Following this transaction, the insider now owns a total of 1,169,923 shares of SuRo Capital Corp.
SuRo Capital Corp (SSSS, Financial) is a publicly traded company that focuses on investing in high-growth, venture-backed private companies. The company aims to provide investors with access to the equity of private companies that are poised for significant growth.
The recent purchase by Mark Klein is part of a broader trend of insider buying within the company. Over the past year, the insider has acquired a total of 198,257 shares and has not sold any shares. This activity is consistent with the overall insider transaction history for SuRo Capital Corp, which shows five insider buys and zero insider sells over the past year.
On the day of the recent purchase, shares of SuRo Capital Corp were trading at $5.14 each, resulting in a market cap of $123.904 million. Investors may consider this insider buying activity as a potential indicator of confidence in the company's future prospects.
For more details on the transaction, refer to the SEC Filing.
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