Insider Trading in Focus: Garrison Capital Inc. $GARS

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Garrison Capital Inc. (GARS) insider have most recently took part in a trading activity. On Dec 1, 2017 Tansey Joseph Bertrand, CEO bought 9,900 shares having total worth of $83,358 at the price of $8.42 per share, following the transaction a total of 918,606 shares owned by Tansey Joseph Bertrand. Before this latest buy, Tansey Joseph Bertrand purchased GARS at 4 other times during the past twelve months, for a total investment of $350,854 at an average of $8.53 per share.

The stock has experienced a total of 4 insider trades in the past three months. These trades include 4 buy trades. Furthermore, over the past 12 months , the stock was traded 13 times by insiders. an employee of the company was the buyer in 13 instances.

Time Frame Number of Insider Buy Number of Insider Sell Stock Price Change(%)
3 Month 4 0 5.09%
12 Month 13 0 -15.13%

Garrison Capital Inc. (GARS) last announced its earnings results on Nov 7, 2017. The company reported 0.26 earnings per share (EPS) for the quarter, lower than the consensus estimate of 0.28 by $0.02. The company had revenue of $9 million for the quarter, compared to the consensus estimate of $9 million. During the same quarter in the previous year, the company posted 0.16 earnings per share. The company’s revenue for the quarter was down 20% on a year-over-year basis.

2017-11-07 2017-08-08 2017-05-09 2017-03-07 2016-11-09 2016-08-09 2016-05-09 2016-03-02 2015-11-04 2015-08-04
earnings per share 0.26 0.29 0.26 0.31 0.16 0.36 0.36 0.41 0.49 0.43
Revenue(M) 8.9 9.03 8.99 9.65 11.11 11.14 11.06 11.48 13.21 13.15

Garrison Capital LLC was organized in November 2010 and commenced operations on December 17, 2010. On October 9, 2012, Garrison Capital LLC converted from a Delaware limited liability company to a Delaware corporation. The Company primarily invests in first lien senior secured loans, second lien senior secured loans, one-stop senior secured or unitranche loans, subordinated or mezzanine loans, and equity co-investments in middle-market companies. Its investment objective is to generate current income and capital appreciation by investing primarily in secured loans to middle-market companies and minority equity investments in middle-market companies. As of December 31, 2012, it held investments in 49 portfolio companies with a fair value of $220.1 million, including investments in 45 portfolio companies held indirectly through GF 2012-1. Its investments activities are managed by its investment adviser, Garrison Capital Advisers.

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.