Insider Trading Activity in: Stellus Capital Investment Corporation $SCM

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Stellus Capital Investment Corporation (NYSE:SCM) insider have most recently took part in a trading activity. On Jun 20, 2017 Ladd Robert T., President and CEO bought 7,400 shares having total worth of $97,828 at the price of $13.22 per share, following the transaction a total of 217,152 shares owned by Ladd Robert T.. Before this latest buy, Ladd Robert T. purchased SCM at 3 other times during the past twelve months, for a total investment of $302,230 at an average of $12.66 per share.

The stock has experienced a total of 3 insider trades in the past three months. These trades include 3 buy trades. Furthermore, over the past 12 months , the stock was traded 5 times by insiders. In 1 of these trades, the insider was a seller while an employee of the company was the buyer in 4 instances.

Time Frame Number of Insider Buy Number of Insider Sell Stock Price Change(%)
3 Month 3 0 -4.39%
12 Month 4 1 41.49%

Shares of Stellus Capital Investment Corporation (NYSE:SCM) traded up 0.15% on Jun 21, 2017, hitting $13.3. 92,643 shares of the company’s stock traded hands. Stellus Capital Investment Corporation has a 52 week low of $7.85 and a 52 week high of $14.57. The company’s market cap is $141 million.

Stellus Capital Investment Corporation (NYSE:SCM) last announced its earnings results on May 4, 2017. The company reported 0.33 earnings per share (EPS) for the quarter, lower than the consensus estimate of 0.35 by $0.02. The company had revenue of $10 million for the quarter, compared to the consensus estimate of $10 million. During the same quarter in the previous year, the company posted 0.33 earnings per share. The company’s revenue for the quarter was up 4% on a year-over-year basis.

2017-05-04 2017-03-09 2016-11-03 2016-08-04 2016-05-05 2016-03-03 2015-11-06 2015-08-07 2015-05-08 2015-03-09
earnings per share 0.33 0.37 0.37 0.32 0.00 0.39 0.31 0.32 0.31 0.30
Revenue(M) 9.86 10.2 10.2 9.62 0 9.15 8.6 8.69 8.71 8.6

Stellus Capital Investment Corp is incorporated in Maryland. It is an externally managed, closed-end, non-diversified management investment company. It was recently formed to originate and invest primarily in private middle-market companies (typically those with $5.0 million to $50.0 million of EBITDA) through first lien, second lien, unitranche and mezzanine debt financing, often times with a corresponding equity investment. It expects to source investments primarily through the extensive network of relationships that the principals of Stellus Capital Management have developed with financial sponsor firms, financial institutions, middle-market companies, management teams and other professional intermediaries. The Company’s investment objective is to maximize the total return to its stockholders in the form of current income and capital appreciation by accessing the extensive origination channels that have been developed and established by the Stellus Capital Management investment team that include long-standing relationships with private equity firms, commercial banks, investment banks and other financial services firms; investing in what it believes to be companies with strong business fundamentals, generally within its core middle-market company focus; focusing on a variety of industry sectors, including business services, energy, general industrial, government services, healthcare, software and specialty finance; directly originating transactions rather than participating in broadly syndicated financings; directly originating transactions rather than participating in broadly syndicated financings; capitalizing upon the experience and resources of the Stellus Capital Management investment team to monitor its investments.

William White

William White is a financial writer. He graduated with a degree in Economics. He has contributed to major financial websites and print publications for over 8 years. He handles much of this site's news coverage for corporate insider activity, and occasionally cover other areas of financial sector.

About the Author

William White
William White is a financial writer. He graduated with a degree in Economics. He has contributed to major financial websites and print publications for over 8 years. He handles much of this site's news coverage for corporate insider activity, and occasionally cover other areas of financial sector.