Insider Activity to Watch: Gladstone Investment Corporation $GAIN

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Gladstone Investment Corporation (GAIN) insider have most recently took part in a trading activity. On Nov 28, 2017 Wilkinson Walter H, Director bought 5,730 shares having total worth of $62,113 at the price of $10.84 per share, following the transaction a total of 14,416 shares owned by Wilkinson Walter H.

Furthermore, over the past 12 months , the stock was traded 5 times by insiders. In 2 of these trades, the insider was a seller while an employee of the company was the buyer in 3 instances.

Gladstone Investment Corporation (GAIN) last announced its earnings results on Nov 1, 2017. The company reported 0.18 earnings per share (EPS) for the quarter, higher than the consensus estimate of 0.17 by $0.01. The company had revenue of $13 million for the quarter, compared to the consensus estimate of $12 million. During the same quarter in the previous year, the company posted 0.17 earnings per share. The company’s revenue for the quarter was up 12% on a year-over-year basis.

2017-11-01 2017-08-01 2017-05-15 2017-02-06 2016-11-02 2016-08-01 2016-05-17 2016-02-03 2015-10-28 2015-08-04
earnings per share 0.18 0.17 0.17 0.17 0.17 0.23 0.16 0.15 0.20 0.17
Revenue(M) 13.13 13.62 12.36 13.37 11.74 14.39 12.44 12.07 13.74 12.71

Gladstone Investment Corporation was incorporated under the General Corporation Laws of the State of Delaware on February 18, 2005. On June 22, 2005 it completed an initial public offering and commenced operations. The Company operates as a closed-end, non-diversified management investment company and has elected to be treated as a business development company under the Investment Company Act of 1940, as amended (the ‘1940 Act’). The Company invests in subordinated loans, mezzanine debt, preferred stock, common stock and warrants to purchase common stock of small and medium-sized companies, generally located in the United States, in connection with buyouts and other recapitalizations. It also invests in senior secured loans, common stock and, to a much lesser extent, senior and subordinated syndicated loans. Its investment objective is to generate both current income and capital gains through these debt and equity instruments. Its competitors include private equity funds, leveraged buyout funds, venture capital funds, investment banks and other equity and non-equity based investment funds, and other financing sources, including traditional financial services companies such as commercial banks. The Company and its portfolio companies are subject to regulation by laws at the local, state and federal levels.

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.